Tag: Crypto

US Midterms may Fuel Crypto, Stock Market Recovery: Binance Research

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The US midterm elections may be the next catalyst to kickstart the crypto and stock market recovery, according to historical data shared by Binance Research. According to a Wednesday report from Binance Research, US midterm election cycles have historically been followed by strong rebounds in stocks and Bitcoin (BTC), potentially setting up a recovery window for risk assets after the 2026 vote. The 12 months following US midterm elections have resulted in an average 19% rise in the S&P500 and 54% rise for Bitcoin in the three post-midterm years on…

Bonk.fun Domain Hijacked to Push Crypto Wallet Drainer

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Bonk.fun warned users not to use its site after attackers hijacked the domain and pushed a fake wallet-draining prompt. The domain of Solana-based platform memecoin launchpad Bonk.fun has been hijacked after attackers gained access to a team account and deployed a wallet-draining scheme through the site. The Bonk.fun account on X warned users early Thursday not to interact with the website while the team worked to secure the domain. “A malicious actor has compromised the BONKfun domain, do not interact with the website until we have secured everything,” the project…

MediaTek Patches Bug Allowing Attackers To Steal Crypto Seeds

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Mobile phone chipmaker MediaTek patched a vulnerability affecting its chipsets in January that could have allowed an attacker to steal crypto seed phrases on affected devices using just a USB cable and the right software.  The flaw was discovered by Ledger’s white-hat security team, Donjon, who had shared the vulnerability with MediaTek before a patch was rolled out on Jan. 5, though users who have not installed the latest security patches are advised to do so, said Ledger.  Test device compromised in 45 seconds According to Ledger, the flaw came…

Ghana Lets 11 Crypto Companies Participate in Sandbox

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Ghana’s securities regulator has given the nod to 11 crypto trading platforms to participate in its new regulatory sandbox program, its first major step in support of crypto after passing a law to provide the local market with regulatory clarity in December. Ghana’s Securities and Exchange Commission said on Tuesday that the 11 crypto platforms will operate under the country’s Virtual Asset Service Providers Act, adopted in December, which provides a regulatory sandbox framework for those companies to pilot their products and services in a controlled environment under the SEC’s…

SEC and CFTC sign agreement to coordinate crypto and market oversight

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The SEC and the CFTC announced a new Memorandum of Understanding aimed at strengthening coordination between the two agencies and improving regulatory clarity for financial markets, including digital assets. The agreement outlines how the agencies will collaborate on policymaking, oversight, examinations, and enforcement while sharing information and aligning regulatory definitions. Officials said the move is designed to reduce duplicative rules and provide clearer guidance to market participants. “For decades, regulatory turf wars, duplicative agency registrations, and different sets of regulations between the SEC and CFTC have stifled innovation and pushed…

Mastercard Launches Crypto Partner Program with 85+ Industry firms

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Mastercard has launched a global crypto partner program that initially brings together more than 85 companies across the digital asset and payments industries to collaborate on blockchain-based payment and settlement systems. The initiative is designed to connect crypto companies, financial institutions and payments providers as digital assets begin playing a larger role in cross-border transfers, payouts and other financial services. Participants include crypto exchanges, blockchain networks and infrastructure providers including Binance, Circle, Gemini, Paxos, Ripple, PayPal, Polygon, Solana, Crypto.com, MoonPay, Fireblocks and the Canton Network. They will work with Mastercard…

VanEck Crypto ETPs Reach 401(k) Investors via Basic Capital

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VanEck has made some of its digital asset exchange-traded products (ETPs) available to 401(k) holders in the United States, signaling a push to integrate crypto-focused investments into traditional retirement accounts. On Wednesday, the fund issuer said a selection of its digital asset ETPs will be offered through Basic Capital, a fintech platform that provides employer-sponsored 401(k) plans. The companies did not specify which VanEck digital asset ETPs will be available on the platform. Within crypto, VanEck is best known for the VanEck Bitcoin Trust (HODL) and the VanEck Ethereum Trust…

MoonPay partners with Pump.fun to enable cross-chain crypto deposits

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MoonPay has partnered with Pump.fun to expand funding options for users on the Solana based meme token creation platform. Through the integration of MoonPay Deposits, Pump.fun users can fund their accounts using crypto from any wallet regardless of the token or blockchain used. MoonPay automatically handles swapping, bridging, and routing to deliver the final balance in the selected asset. The feature aims to remove one of the most common pain points in crypto trading: navigating multiple networks when transferring funds. Sending the wrong asset or choosing the wrong network can…

Mastercard launches crypto partner program with 85 companies to reshape global payments

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Mastercard just assembled what amounts to a crypto Avengers team. The payments giant has launched a Crypto Partner Program that brings together more than 85 digital asset companies, all aimed at building infrastructure for cross-border transfers, business-to-business payments, and global payouts. The move is Mastercard’s most aggressive step yet into the digital asset ecosystem, and it comes at a time when stablecoin transaction volumes are making traditional payment rails look quaint by comparison. The numbers behind the push Here’s why Mastercard isn’t just dabbling. Stablecoin transaction volumes hit $1.26 trillion…

BitGo Partners with StableX to Support $100M Crypto Treasury Plan

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BitGo will provide custody and trading services for StableX Technologies’ digital asset treasury as it plans to acquire up to $100 million in crypto tokens tied to the stablecoin sector. According to Tuesday’s announcement, BitGo Trust Company will serve as the custodian for StableX’s digital asset holdings, while BitGo’s trading platforms will help execute the company’s planned acquisitions through its over-the-counter liquidity desk. StableX (SBLX) is a publicly traded company focused on stablecoin infrastructure and related technologies. Shares of the Nasdaq-listed company gained as much as 9% in afternoon trading…