Tag: Crypto

Bitcoin integration push sees Citi build $30t custody rails for 2026

BTC integration plans lift Citigroup’s 2026 crypto custody launch, driven by institutional demand and ETF flows. Citigroup Inc., a banking institution with approximately $2.5 trillion in assets, has announced plans to develop infrastructure for integrating Bitcoin (BTC) into traditional financial…...
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South Korean Police Mishandled $1.4M In Bitcoin: Suspects Arrested

In a twist that feels more like a dark comedy than a procedural drama, police officers from the Gangnam Police Station in Seoul have been caught mishandling seized Bitcoin. They did not just misplace a password, they effectively handed the keys to a thief. The blunder resulted in the...
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OCC unveils GENIUS Act rulebook for U.S. payment stablecoins

OCC’s GENIUS Act rule drafts 100%‑reserved payment stablecoin regime, tightening oversight. The Office of the Comptroller of the Currency released draft regulations Wednesday outlining how payment stablecoins would be issued, backed, and supervised under federal oversight, according to the agency’s…...
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American Bitcoin Corp Down 90%: Trump’s Crypto Businesses Are Bleeding

American Bitcoin Corp. (ABTC), the miner backed by the Trump family, significantly missed the mark this quarter, reporting a $59 million loss amid the industry’s deepest rout since 2022. While revenue grew, the company’s stock has plummeted roughly 90% from its September highs, trading just above $1.00 following the...
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Fred Thiel Says MARA Holdings Will Leverage Bitcoin Holdings For ‘Financial Flexibility’ As Firm Pivots Beyond Pure-Play Mining

MARA Holdings Inc. (NASDAQ:MARA) CEO Fred Thiel said Thursday the company plans to adopt an opportunistic approach, leveraging Bitcoin (CRYPTO: BTC) to enhance “financial flexibility” where appropriate. MARA Records Paper Losses On Bitcoin During MARA’s fourth-quarter earnings call, Thiel admitted that recent volatility in Bitcoin price has affected the sector’s sentiments and aspects of...
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Bitwise CIO Matt Hougan Rejects Jane Street Blame for Bitcoin Dip

Matt Hougan, chief investment officer at Bitwise, has pushed back on claims that trading firm Jane Street is behind Bitcoin’s recent slide, writing on X on February 26 that the downturn is “a classic crypto winter,” not a coordinated attack. His comments come as lawsuits and viral threads revive...
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