Crypto News
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Goldman Sachs and Bank of America Join 21-Bank Stablecoin Initiative
A 21-bank consortium including Goldman Sachs and Bank of America plans to launch a U.S. dollar stablecoin in the first half of 2027, with a euro version planned afterward, Decrypt reports.
Decrypt
Crypto VCs May Be Mistaking Consensus for Discipline
Varun Datta of Truth Ventures says crypto VCs’ move toward later-stage deals may be a consensus trade, with proven companies receiving 57% of last quarter’s capital and founding-stage opportunities left underfunded.
CoinDesk
Liz Truss Warns UK Bond Rout Could Trigger Emergency Spending Cuts
Former U.K. Prime Minister Liz Truss said a government bond rout could force emergency spending cuts, warning that the country’s rising debt may have reached a point where the situation has gone too far.
CoinDesk
XRP Funds Record $170 Million in 11 Straight Sessions as Goldman Leads Institutional Holders
Spot XRP funds have attracted $170 million across 11 consecutive sessions. Second-quarter filings list Goldman Sachs, Jane Street and Millennium among the largest professional holders, with Goldman at the top of the cited institutional group.
CoinDesk
BofA, Citi and Goldman Sachs Join 21-Institution Stablecoin Venture
Bank of America, Citigroup and Goldman Sachs are among 21 institutions planning a stablecoin venture. The project will start with a US dollar stablecoin before expanding to other G7 currencies, with the euro next.
Cointelegraph
Fake Claude App Distributes Malware Targeting Crypto Wallets
Cointelegraph reports that a fake Claude desktop app is distributing RevStealer malware, which targets more than 50 crypto wallets and can collect browser credentials, cookies, messaging data and selected documents.
Cointelegraph
Ripple joins Asia’s digital-asset custody and tokenization push
Ripple has entered a strategic partnership to develop digital-asset custody and tokenized asset-management solutions for Asian institutions, Cointelegraph reports. The move adds to a broader wave of custody-infrastructure deals in the region.
Cointelegraph
UK Crime Agency Freezes Premier League-Linked $13.5 Million Account
The UK's crime agency froze a $13.5 million account linked to the Premier League in a crypto crime probe. The funds were tied to its $140 million sponsorship deal with Sorare, with no wrongdoing confirmed by authorities.
CoinDesk
Hut 8 Texas Campus Linked to Anthropic’s $35 Billion AI Commitment
Hut 8’s Texas campus is tied to two long-term leases worth $19.6 billion, more than 260 times its latest quarterly revenue, amid Anthropic’s $35 billion AI deal and an industry race for power and data-center capacity.
CoinDesk
Kalshi Bans George Santos for Life After State of the Union Trading Case
Kalshi permanently banned former congressman George Santos after finding he traded heavily on his own State of the Union attendance, made false statements to move prices and earned nearly $18,000, according to Decrypt.
Decrypt
Webull Brings Crypto Trading to Canada Through Coinbase Partnership
Webull is adding cryptocurrency trading to its Canadian brokerage platform through a collaboration with Coinbase. The expansion comes as crypto ownership rises in Canada and regulators move toward clearer industry rules.
Cointelegraph
Bitmine reaches 4.9% of Ethereum supply after adding 53.5K ETH
Bitmine now controls 4.9% of Ethereum’s supply after adding 53,500 ETH, Cointelegraph reported. The purchase marks 65 consecutive weeks of accumulation despite a prolonged crypto downturn and $5.1 billion in paper losses.
Cointelegraph
Kalshi Permanently Bans Former Congressman George Santos
Kalshi has permanently banned former congressman George Santos for manipulation, CoinDesk reports. It is the prediction-market platform’s first lifetime ban for a former member of Congress as the industry seeks to address misconduct.
CoinDesk
SEC’s $75 Million Crypto Proposal Differs From Congress Framework
CryptoSlate reported that the SEC’s proposed $75 million crypto pathway differs from Congress’s unfinished ancillary-asset framework in eligibility, enforceable investor rights and how overlapping rules would apply.
CryptoSlate
Bitmine Makes Its Biggest Ether Purchase Since June as Tom Lee Highlights Crypto’s Strong Q3
Bitmine reportedly made its largest ether purchase since June. Chairman Tom Lee said crypto’s strong third-quarter performance could attract more institutional investors, according to CoinDesk.
CoinDesk