Bitcoin ETFs see biggest inflow since May after weak US jobs report sparks BTC price rebound

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US spot Bitcoin exchange-traded funds (ETFs) drew their largest daily inflow since May after a weaker-than-expected jobs report eased rate-hike concerns and helped the digital asset recover from a fresh bear-market low earlier in the week. The funds recorded $223 million in net inflows on Thursday, ending a 10-day stretch of withdrawals that had drained … Read more

GENIUS made stablecoins legal, July 18 decides which stablecoins stay competitive

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The GENIUS Act’s one-year rulemaking deadline lands on July 18, and markets have mostly priced it as a legitimacy milestone for stablecoins. Mike McCluskey, CEO of tx, and Zaheer Ebtikar, chief strategy officer at Plasma, read it as a cost-visibility event that decides which issuers can afford to keep operating. GENIUS became law on July 18, … Read more

France’s crypto kidnapping surge exposes the personal data trail behind wrench attacks

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France’s crypto security problem is expanding beyond private keys to include the people whom attackers can identify, threaten, and force to authorize transfers. Interior Minister Laurent Nuñez said French authorities have recorded 77 cases this year involving unlawful confinement, abduction, extortion, or attempted extortion tied to crypto-sector actors, according to <a href=”https://www.bfmtv.com/crypto/cryptomonnaies-laurent-nunez-promet-de-renforcer-la-securite-des-acteurs-du-secteur_AD-202606300994.html”>BFM TV</a>. Le Parisien, … Read more

Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail 

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Open Standard’s Open USD is trying to make the stablecoin yield fight about distribution before the token is live. The company announced Open USD on June 30 as a stablecoin for global money movement. Its headline feature is a reserve-sharing model: businesses can mint and redeem at no cost, without artificial volume caps, while partners … Read more