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Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit
The neobank offered the perpetrator 20% of the stolen funds to return the money within 48 hours, threatening kanunî action otherwise.
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DekaBank Rolls Out Crypto Trading, Custody Services for Institutions: Bloomberg
The bank, with over 370 billion euros in assets under management, is emphasizing security and regulatory compliance.
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Wall Street-Backed Crypto Exchange EDX Markets Adds 17 New Cryptocurrencies, Including XRP, SOL, Trump Coin
The expansion significantly broadens trading options for users, reflecting a friendlier regulatory environment in the U.S.
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USDe Stablecoin Developer Ethena Raises $100M: Bloomberg
USDe’s market cap has jumped to around $6 billion this month, becoming the third largest stablecoin behind Tether’s USDT and Circle’s USDC
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Memecoins Under Fire as BTC Lullfest Below $100K Revives Memories of 2018
Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.
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Germany’s Centre Right Alliance Secures Most Seats in EU Nations Election
Friedrich Merz’s CDU/CSU secured 28.52% of the vote while the far-right Alternative for Germany (AfD) secured 20.8% of the vote.
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Raydium’s RAY Dives 25% as Pump.Fun Appears to Test Own AMM Exchange
Crypto watchers noticed the popular Solana tool apparently testing its own AMM in early Monday hours, dampening sentiment for tokens of its existing exchange.
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Solana Whales Increase Engagement in Bearish Options Plays on Deribit Amid SOL Meltdown and Impending Unlock
SOL put options accounted for most of the block trades that crossed the tape on Deribit last week.
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Bybit Closes ‘ETH Gap’ as Exchange Replenishes $1.4B Hole After Hack
Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.
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Ethereum ‘Roll Back’ Suggestion Has Sparked Criticism. Here’s Why It Won’t Happen
Call for “roll back” by some, to negate Bybit hack, immediately provoked a fierce reaction from the Ethereum community, which was firm in its belief that it wouldn’t happen.