Blockchain News page 14

Executive Alex Hung says the refreshed hub reflects the exchange's long-running emphasis on safeguarding user funds. BTCC Exchange has rolled out a refreshed version of its Trust Center, a dedicated section intended to communicate the platform's security practices and operational standards to its user base.

On-chain trackers flagged the transfer following a prolonged quiet period for known government-linked addresses. Bitcoin wallets associated with the US government moved approximately $71 million in holdings this week, Bitcoin.com News reported. The report said the addresses had shown no activity for six weeks before the transfer took place.

A short-term rally has renewed debate over whether token buybacks can sustain momentum in LayerZero's native asset. LayerZero's native token, ZRO, advanced 11% in recent trading, according to crypto.news and AMBCrypto. The rally marked a shift in short-term momentum after buyers reasserted control over price direction.

Igloo Inc. is winding down the Abstract blockchain project after absorbing losses described as tens of millions of dollars. Igloo Inc., the company that owns the Pudgy Penguins NFT brand, is shutting down Abstract, a blockchain project it backed.

The digital asset custodian is expanding into trading and lending services beyond its traditional custody business. BitGo is moving away from custody as its core business model. The company now views prime brokerage, encompassing trading and lending, as its main revenue engine going forward.

The fintech arm of Ant Group is testing blockchain-based deposit tokens with the banking giant in a Middle East market push. Ant International, the global payments and digital finance arm of Ant Group, is piloting tokenised deposits with HSBC in the United Arab Emirates.

The agency's draft framework targets margin and leveraged digital asset trading while leaving spot crypto markets untouched for now The Commodity Futures Trading Commission has unveiled a proposed rule covering leveraged cryptocurrency trading in the United States. The agency released the framework for public comment, according to reports from BlockchainReporter and UNLOCK Blockchain.

The tokenization platform is opening access to private-company shares, starting with artificial intelligence firms that have not yet gone public. Ondo Finance has begun offering tokenized exposure to private companies that have not yet listed on public markets.

The push for delivery-versus-payment aims to settle asset and cash legs together, in seconds, on Solana. The Solana Foundation has unveiled a delivery-versus-payment initiative aimed at atomic settlement on its blockchain. The mechanism ties the transfer of an asset and its corresponding payment into a single, indivisible transaction.

New estimates suggest tens of billions of dollars in stablecoin activity persist inside China despite a years-long prohibition on crypto trading. China banned cryptocurrency trading and mining years ago, framing the move as a defense of financial stability and capital controls.

CryptoBriefing and Nairametrics both report DeepSeek nearing roughly $12 billion in funding ahead of a 2027 IPO, but they give materially different sizes and framing for the in-progress round. CryptoBriefing and Nairametrics both report DeepSeek nearing roughly $12 billion in funding ahead of a 2027 IPO, but they give materially different sizes and framing…

The crypto custody bank adds USD and SWIFT access for institutional clients as part of a broader international expansion Anchorage Digital has broadened its institutional offering through a tie-up with Standard Chartered, according to reports from Finextra Blockchain and Crypto Economy.

A year after setting an all-time high, bitcoin's drawdown looks modest by the asset's historical standards. Bitcoin is trading about 32% below the all-time high of $126,000 it reached a year ago, according to CoinDesk and CryptoBriefing. That implies a current price near $85,700, based on the reported percentage decline from the record.

Ripple names Turkey a priority digital assets hub, pointing to Garanti BBVA custody work and its RLUSD stablecoin rails Ripple has singled out Turkey as a priority market for its digital assets business, according to reporting from Bitcoin.com News and CoinGape.

The new wallet positions stablecoins as the default asset rather than an afterthought in crypto storage. Changer+ has introduced a self-custodial wallet built with stablecoins as its primary focus. The company says the product is meant to make stablecoins easier to use for everyday transactions and storage.

The U.S. Treasury's financial crimes unit has formally scrapped a 2020 plan requiring reports on crypto sent to private wallets and mixers. The Financial Crimes Enforcement Network, known as FinCEN, has withdrawn a 2020 proposal that would have required financial institutions to report certain cryptocurrency transactions involving private wallets.

The crypto firm's filing comes just days after a legal challenge targeted the regulator's approach to digital asset bank charters. Rain has submitted an application to the Office of the Comptroller of the Currency for a US trust bank charter.

On-chain investigator says the network helped move funds tied to the Bybit hack and other Lazarus-linked thefts. On-chain investigator ZachXBT has published findings alleging that a Chinese crime network laundered over $1 billion for Lazarus Group. The North Korea-linked hacking organization has been tied to some of the largest cryptocurrency thefts in recent years.