Crypto AI Updates

Solana and XRP collect inflows despite 4 consecutive weeks of crypto ETP outflows

More than $173 million was lost from digital asset investment products last week. Bitcoin and Ethereum recorded the most outflows amid widespread price declines. Solana and XRP maintained their inflow momentum despite the overall decline. Digital asset investment products recorded another week of outflows, extending capital flight to four weeks. As has been the case…

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German central bank chief emphasizes the benefits of stablecoins for the EU

Joachim Nagel said that euro-pegged stablecoins will provide greater independence from USD-pegged coins, which will soon be allowed under the GENIUS law. Joachim Nagel, president of Germany’s central bank, the Bundesbank, has backed the introduction of a central bank digital currency (CBDC) pegged to the euro and a euro-denominated stablecoin for payments. In remarks prepared…

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Bank detects ‘unauthorized access’ to sensitive information, warns 3,996 customers

A U.S. bank has warned about 4,000 customers that their names, Social Security numbers and financial account information could be at risk in a data breach. Last May, the Florida-based flagship bank “became aware of suspicious activity within its environment” and began an investigation, according to a new filing with the Maine Attorney General’s Office….

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Cryptocurrencies need privacy to scale payments: Binance co-founder CZ

According to Changpeng Chao, co-founder of crypto exchange Binance, the lack of privacy in on-chain transactions is one of the biggest obstacles to mass adoption of cryptocurrencies as a payment and exchange medium. The executive, commonly known as “CZ”, said that companies and institutions cannot pay their expenses in cryptocurrencies due to the lack of…

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Figures for blockchain lending platforms hit by data breach – details

Editorial you can trust Content is reviewed by leading industry experts and experienced editors. Advertising disclosure According to reports, Figure Technology has confirmed that its employees were tricked into having some customer files stolen. The company said the intrusion occurred when an internal account was used to download a limited batch of records. This breach…

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