Decrypt
Binance has launched a self-custody wallet accessible through its mobile app. The Binance Web3 Wallet features integration with Binance Bridge for easy asset transfers, a curated selection of dapps, and an exclusive "Airdrop Zone." It uses multi-party computation, with users securing their wallet through three key-shares rather than a seed phrase.
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DL News
Police in Paraguay have arrested 10 individuals aged 18-20 for allegedly stealing $1.2 million and laundering it through cryptocurrencies. The gang used cash and card mules to empty victims' accounts and convert the money into crypto, offering to buy coins at inflated rates.
Coindesk
VerifiedX has introduced Prism, a privacy layer for Bitcoin, allowing encrypted balances and shielded addresses for private transactions with auditability. The XRP Ledger also added zero-knowledge proof capabilities for institutional users seeking privacy on public ledgers.
Coindesk
DoubleZero Foundation has launched DoubleZero Edge, a platform providing real-time data from the Solana blockchain to trading firms. By offering faster access to crucial information, the project aims to meet the increasing demand for Wall Street-style systems in digital asset markets.
Protos
Paris Blockchain Week has increased security measures due to the rise in violent crypto-related robberies in France, with one attack every five days on average this year. The recent abduction of a mother and son in Burgundy highlights the ongoing threat to crypto holders and entrepreneurs in the country.
Decrypt
The UK is progressing towards comprehensive crypto regulation, with the FCA planning to implement a full regime by October 2027. The consultation outlines regulated activities like trading, custody, stablecoin issuance, and staking to transition from an unregulated to a structured system.
Decrypt
Bitcoin's climb to $76,000 is met with resistance as exchange inflows spike, indicating large holders preparing for distribution. The on-chain realized price of $76,800 historically acts as a bear market resistance level, triggering significant drops in the past.
Decrypt
At Paris Blockchain Week, Blockstream CEO Adam Back proposed optional quantum-resistant Bitcoin upgrades, contrasting with a group of developers advocating for a mandatory freeze on quantum-vulnerable Bitcoin. The debate reflects a deepening split among Bitcoin developers on how to address the looming threat of quantum computing.
DL News
Nomura's survey reveals that nearly 80% of institutional investors plan to allocate 2-5% of assets into cryptocurrencies, focusing on DeFi and stablecoins. The report emphasizes the importance of clear regulations, security, and risk management for expanding crypto investments.
Coindesk
South Korea's Ministry of Economy and Finance will test blockchain-based deposit tokens for government spending in the fourth quarter to modernize public fund management. The pilot, approved under a 2026 regulatory sandbox program, aims to improve oversight and reduce transaction fees for small businesses.
Coindesk
Momentum is growing in Washington for the Clarity Act, with JPMorgan indicating progress in negotiations. Lawmakers and regulators are close to finalizing the legislation, addressing issues like stablecoin rewards and DeFi oversight.