Exchange consolidation points to retail liquidity migration Retail liquidity is concentrating on a smaller set of exchanges and venues with stronger institutional backing, while execution research continues to show that retail flow is increasingly shaped by internalization and wholesale liquidity provision rather than…
Triple-A crypto payment breach sends $9.7M to hackers Triple-A, a crypto payment provider that links traditional currency rails with digital assets, was reported to have lost more than $9.7 million from its hot wallets, with the stolen funds moved across Ethereum, Solana, TRON…
Retail altcoin interest rises as exchange outflows reach $120M Retail interest in altcoins has climbed sharply even as aggregate exchange outflows reached $120 million, a split that points to selective risk-taking rather than broad-based de-risking. The move matters now because it suggests traders…
Sberbank Plans Crypto Trading Infrastructure Launch by December Sberbank plans to launch a cryptocurrency trading infrastructure and digital depository by December 1, a move that would bring Russia’s largest bank into the country’s newly regulated digital-asset market as Moscow opens the door to…
Shiba Inu rally tied to Korean exchange volume surge Shiba Inu jumped 36% in a single-day move that coincided with a sharp concentration of trading on South Korean venues, with Upbit accounting for a dominant share of activity, according to market reports. The…
Cash App cuts Bitcoin fees on large buys and recurring purchases Cash App has eliminated fees and spreads on Bitcoin purchases above $2,000 and on all recurring buys, a change the company says is being rolled out now and is designed to lower…
India tariff cut in US trade talks lifts export outlook India’s tariff reduction in US trade talks is set to lower the reciprocal US tariff on Indian-origin goods to 18% from 25%, a move the White House said will be implemented under a…
KB Kookmin Bank to launch cross-border payments on JPMorgan Kinexys KB Kookmin Bank said on July 26 it will launch a blockchain-based cross-border payment service for import-export companies in August, using JPMorgan’s Kinexys network, in a move that makes it the first South…
Messi World Cup Gift Tradition Highlights Athlete Branding Shift Lionel Messi’s World Cup gift tradition has become a visible example of how elite athletes now extend their brands beyond the pitch, with reports in early 2023 saying he spent about £185,000 on personalised…