Author: James Wilson

Texas Rep. Ron Reynolds has filed a bill that would let each city and county invest up to $10 million in Bitcoin or other cryptocurrencies, without importing the market-cap restriction used by the state’s Bitcoin reserve. Summary $10 million would be the investment cap for each municipality or county under HB 815. School districts are outside the proposed authority, which would take effect Sept. 1, 2027. The bill borrows crypto definitions from Texas’ reserve law without its $500 billion eligibility threshold. Reynolds previously proposed a $250 million state investment alongside the same local-government allowance. Texas Legislature Online’s introduced text shows…

Binance co-CEO Yi He has condemned sexual rumors targeting women in the cryptocurrency industry and pledged legal support for female employees affected by the attacks. Summary Binance’s legal department will provide protection for female employees targeted by fabricated sexual rumors. Yi He described attacks involving women at rival exchanges, BNB projects and industry partners. Her statement did not announce a lawsuit, identify defendants or specify a legal jurisdiction. Yi He, in a Nov. 11 X post, said women working across the industry had been dragged into fabricated scandals, including employees whose photographs had circulated alongside the claims. She described a…

Barclays has raised its holdings in BlackRock’s bitcoin ETF to nearly $187 million, while Citi has reported a new $119 million stake in Fidelity’s bitcoin ETF as of Sept. 30. Summary Barclays reported 3.94 million IBIT shares, up roughly 48% from the previous quarter. Citi disclosed 1.64 million FBTC shares and lifted its IBIT share count by 50%. Both banks reported IBIT options alongside their shares, leaving their overall trading strategies undisclosed. The September holdings predate November withdrawals and Deutsche Bank’s launch of institutional crypto custody. Barclays’ SEC filing, submitted Nov. 6, lists three IBIT share positions totaling 3,942,900 shares…

Russia has cleared domestic exchanges to begin cryptocurrency trading from Nov. 22, 2026, subject to approval of their trading rules by the Bank of Russia. Summary Russia has allowed domestic exchanges to begin cryptocurrency trading from Nov. 22, provided their trading rules receive approval from the Bank of Russia. Exchanges must register market participants, maintain records of orders and transactions, calculate pricing indicators and report trading activity to the central bank. The new requirements follow Russia’s September cryptocurrency legislation, which established a regulated framework for exchanges, brokers, crypto exchange providers and digital depositories. Moscow Exchange plans to launch cryptocurrency trading…

Bitcoin price has fallen nearly $8,000 in a week, dropping from above $81,000 to below $73,000 as shrinking stablecoin liquidity, leveraged trading losses and concerns about major stock market listings add pressure to the cryptocurrency. Summary Bitcoin price fell nearly $8,000 in one week, dropping from above $81,000 to below $73,000. CryptoQuant reported a $6.6 billion contraction in USDT supply over the previous 60 days. Analyst Joao Wedson identified $579 million in exposed Bitcoin longs compared with $147 million in shorts. Cryptocurrency futures liquidations reached approximately $725 million as leveraged traders faced renewed selling pressure. Analysts are examining whether major…

Apple’s latest iOS 27.2.1 security update has reportedly failed to patch the worse_query vulnerability that could expose cryptocurrency wallet credentials, despite addressing nine other security flaws. Summary Apple’s iOS 27.2.1 update addresses nine security vulnerabilities, but the researcher behind worse_query says the flaw remains unpatched. The worse_query vulnerability allows malicious applications to bypass iOS sandbox restrictions and potentially access sensitive information stored by crypto wallets. Binance has urged crypto users to remove untrusted applications, update their devices, and move funds to a new wallet if they suspect their credentials have been compromised. Apple’s official security notes do not mention worse_query…

Deutsche Bank has launched its cryptocurrency custody service for paying institutional and corporate clients in Europe, allowing customers to store and transfer Bitcoin, Ethereum and selected stablecoins through the German banking group. Summary Deutsche Bank has launched its crypto custody service for paying institutional and corporate clients in Europe. The service supports Bitcoin, Ethereum, USDC, EURC and EURAU, with the bank managing private keys. Deutsche Bank’s MiCA registration dated October 12 covers cryptocurrency custody and transfer services. The bank plans to expand its digital asset custody operations into Asian financial centers during 2027. Deutsche Bank signed an agreement with its…

Ledger CEO Pascal Gauthier has faced criticism from the cryptocurrency community after warning that everyone will eventually be hacked, a statement that has raised questions about the security assurances offered by hardware wallet manufacturers. Summary Ledger CEO Pascal Gauthier has faced criticism after saying everyone will eventually be hacked and acknowledging that perfect security does not exist, including at Ledger. Crypto users on X questioned the remarks, arguing that they appeared at odds with Ledger’s business of selling hardware wallets designed to protect digital assets. Gauthier defended hardware wallets during a Bloomberg interview, arguing that decentralized asset protection has resulted…

Sui-native hardware wallet project Suiball has announced it will shut down and refund all pre-order customers after the Sui Foundation reportedly decided that supporting the project carried too much security risk. Summary Suiball announced it will shut down after the Sui Foundation decided that backing the hardware wallet project carried too much security risk following recent industry attacks. The project had completed development and entered manufacturing, with its first batch of devices ready for shipment before the decision to close operations. Around 80% of preorders were placed on chain, and those customers will receive automatic USDC refunds within the next…

Bitcoin price has fallen nearly 2% to $73,700 over the past 24 hours after hotter-than-expected US inflation data added pressure to an already struggling cryptocurrency market, triggering hundreds of millions in leveraged liquidations. Summary Bitcoin price dropped 2% to $73,700 as October US inflation exceeded economists’ expectations. US headline CPI rose 0.4%, while core inflation climbed 0.3%, renewing concerns over Federal Reserve rates. Crypto liquidations reached $723.37 million, with approximately $570 million coming from leveraged long positions. Analyst Ali Martinez reported that Bitcoin whales reduced their holdings by more than 34,000 BTC. Bitcoin price faces technical support near $72,700, while…