Author: driver789

BNY has partnered with Abu Dhabi-based Finstreet and ADI Foundation to develop institutional digital asset custody services for clients in the United Arab Emirates.The initial focus is on Bitcoin and Ether custody for Finstreet’s existing clients, with plans to later extend to ADI Foundation’s blockchain infrastructure, the world’s largest custodian said in a Thursday announcement. The companies said they intend to expand the product scope to include stablecoins, tokenized real-world assets and other regulated digital instruments, though no timeline was given.“BNY is uniquely positioned to connect traditional and digital financial ecosystems,” Hani Kablawi, executive vice chair at BNY, said. BNY…

Ethereum price has pared off some gains after facing resistance at $2,400 this week. A confirmed bullish pattern on the chart, however, positions it for strong upside in the coming sessions. Summary Ethereum climbed to a weekly high above $2,400 before stabilizing near $2,300 as broader crypto markets reacted to easing geopolitical tensions. Spot Ethereum ETFs recorded a fourth straight day of inflows, with more than $270 million added, signaling continued institutional demand. Ethereum confirmed a bull flag pattern on the daily chart, with technical indicators pointing toward a potential breakout above the $2,800 resistance zone. According to data from…

TrustedVolumes, an independent market maker and resolver used by 1inch Fusion, confirmed it was exploited and said about $6.7 million in stolen funds are being held across three Ethereum addresses.In a Thursday X post, the market maker said the stolen funds were split across three wallets, with two addresses each holding about $3 million and a third holding about $700,000. TrustedVolumes said it was open to “constructive communication” over a bug bounty and a “mutually acceptable resolution.”The confirmation came after Web3 security company Blockaid said its exploit detection system had identified an ongoing Ethereum exploit targeting TrustedVolumes. Blockaid said the…

Aave Labs has completed the liquidation of the Kelp DAO attacker’s remaining rsETH-backed positions on Ethereum and Arbitrum, moving the DeFi United recovery effort closer to restoring full backing for the restaked Ether token after April’s $293 million exploit. Summary Aave has liquidated the attacker’s remaining rsETH-backed positions tied to the April Kelp DAO exploit. DeFi United is still waiting on additional support from Circle, Ethena, Frax, and Kraken-backed Ink to fully restore rsETH backing. More than 90% of Arbitrum DAO voters have supported releasing $71 million in frozen Ether linked to the exploit recovery effort. Aave said in an…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is struggling to push above $2,400 as buying pressure builds against resistance that has capped the recovery at every recent attempt. The market is heating up — but a CryptoQuant analyst has examined the derivatives data and found a reading that adds important structural context to both the difficulty at the current level and the potential for what comes after it. The Binance Ethereum Futures Power 30D Change index has moved back into positive territory, registering a current reading of 0.026. In practical terms, this means…

Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails.The pilot transaction involved blockchain tokenization platform Ondo Finance redeeming the US Ondo Short-Term US Government Treasuries (OUSG) fund for Ripple on the XRP Ledger. Mastercard’s Multi-Token Network then routed the settlement instructions for JPMorgan’s blockchain platform, Kinexys, to deliver US dollars to Ripple’s Singapore bank account.“For the first time, a public blockchain and global banking infrastructure settled a cross-border transaction of a tokenized fund together in real…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum and its ecosystem are known for introducing key upgrades that are aimed at improving the network’s efficiency. With its latest upgrade, which is currently gaining notable attention across the community, the leading network could see a major flip in its scaling narrative. New Levels Of Efficiency For The Ethereum Network As the market sees a fresh wave of adoption, a pivotal moment is approaching for Ethereum, which is centered around its next major upgrade. Anticipation is already building around this upgrade, dubbed Glamsterdam, as it begins…

Samsung SDS, Samsung’s information technology services subsidiary, will reportedly build a token securities platform for the Korea Securities Depository (KSD), moving South Korea’s central securities depository closer to operating blockchain-based securities infrastructure as the country prepares a legal framework for tokenized assets. Samsung SDS won a contract to build and operate the platform for KSD, according to local reports from Yonhap News Agency and The Korea Times. The project is expected to be completed by February 2027 and will convert a technology verification testbed into a formal system capable of stable service operations. KSD plans to link its existing electronic securities account…

Ethereum co-founder Joseph Lubin calls Ethereum Digital Asset Treasuries “profound innovations,” backs unlevered ETH treasuries, and commits 30,000 ETH to rsETH recovery while pitching Ethereum’s quantum-safe roadmap. Summary At Consensus 2026, Consensys CEO and Ethereum co‑founder Joseph Lubin praised Ethereum Digital Asset Treasury (DAT) vehicles such as Strategy, SharpLink, and BitMine as “profound innovations” that build “long-term permanent capital” for Ethereum without leverage. He warned that “weak assets and copycat DATs” could damage the ecosystem, arguing that only disciplined, unlevered ETH treasuries truly align with Ethereum’s long‑term health. Lubin also highlighted Consensys’ and his own commitment of 30,000 ETH to…

Robert Kiyosaki has renewed his warning on retirement pressure in 2026, saying baby boomers may face fresh financial strain as traditional savings models weaken. Summary Kiyosaki warned baby boomers may face retirement stress as traditional savings models weaken in 2026. He named Bitcoin, Ether, gold and oil as preferred assets during inflation and debt pressure. Critics question Kiyosaki’s forecasts because past crash warnings and price targets have missed timing. The Rich Dad Poor Dad author said on X that he saw a coming “Baby Boomer Retirement Disaster” as early as 1974. He claimed that in 2026, millions of boomers could…