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X 100 Global Loses Millions as Three-Seat Senate Is Hijacked

Several reports say X 100 Global suffered a devastating governance takeover on Saturday, after attackers reportedly captured two of its three Senate seats and exploited their majority to raid the project’s treasury. Blockaid traced approximately $4.85 million in USDT proceeds and additional token withdrawals. The X token plunged more than 96%, while liquidity evaporated across […] from Bitcoin News https://ift.tt/q1kmMi3
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Bitcoin Price Sinks to $79,146 as Liquidations Rock Weekend Trading

Bitcoin’s price cracked below $80,000 on Saturday, touching its lowest price in more than a month as leveraged traders absorbed hundreds of millions in liquidations. The weekend selloff handed longtime bitcoin critic Peter Schiff fresh ammunition for an even darker prediction. Bitcoin’s $80,000 Floor Gives Way as Liquidations Mount Bitcoin’s price slipped to approximately $79,146 […] from Bitcoin News https://ift.tt/VyFkEd3

JPMorgan Brings Tokenized Money Funds to Solana for US Investors

J.P. Morgan Asset Management has expanded its tokenized money market funds MONY and JLTXX onto Solana, giving qualified U.S. investors access through the Morgan Money platform. J.P. Morgan Expands Access for Tokenized Funds J.P. Morgan is taking another step onto public blockchain rails. The asset manager has made MONY and JLTXX available on Solana through […] from Bitcoin News https://ift.tt/2E84Jd7

SEC Targets Tokenization, AI and Quantum Computing in 2027 Examination Priorities

The Securities and Exchange Commission (SEC) is putting tokenized securities, artificial intelligence, and quantum computing under heightened scrutiny as the technologies increasingly reshape financial markets, according to its newly released fiscal year 2027 examination priorities. The SEC Targets Tokenization in 2027 The SEC’s Division of Examinations identified the three technologies among emerging trends that will […] from Bitcoin News https://ift.tt/6Ufa4qo

Netanyahu Orders Blockchain Plan to Help Israel Evade Potential Sanctions

Israeli Prime Minister Benjamin Netanyahu has directed officials to prepare a plan involving blockchain technology and cryptocurrencies to help the country circumvent potential international economic sanctions, including restrictions on its banking system.   Israel Weighs Blockchain Solution Speaking in an interview with Israel’s Channel 10 on Friday, Netanyahu acknowledged growing concerns about foreign economic pressure […] from Bitcoin News https://ift.tt/pUCDQlx

HSBC Launches First Stablecoin, Bringing Hong Kong Dollar Payments to 3.3M Users

HSBC has launched its first stablecoin, a Hong Kong dollar-backed digital currency designed for everyday payments, marking a significant step toward mainstream adoption of blockchain-based financial services in the city. HSBC Launches Hong Kong Stablecoin The banking giant announced Friday that HSBC RedCoin (RCHKD) is launching through its PayMe mobile payments platform, giving more than […] from Bitcoin News https://ift.tt/1OEuxIH

Starknet Moves Toward Post-Quantum Layer 1 as Voters Back Ethereum Split

Starknet is taking its first formal steps toward potentially becoming an independent, quantum-resistant Layer 1 blockchain, following a community vote that overwhelmingly supported researching a departure from its current role as an Ethereum Layer 2 network. STRK Holders Approve Layer 1 Exploration The Starknet Foundation announced Thursday that 93.52% of voting power supported exploring the […] from Bitcoin News https://ift.tt/Ntmo7s9