Why Onchain Crypto Collateral Can Get You Better Loan-To-Value Ratios

Fabian Dori, the chief investment officer at digital asset bank Sygnum, says that banks offering crypto-backed loans prefer crypto collateral in the form of onchain assets rather than exchange-traded funds (ETFs), and using onchain collateral can benefit borrowers. Dori said that onchain assets are more liquid, allowing lenders to execute margin calls for crypto-backed loans…

Your Company Probably Doesn’t Need Its Own L2

More and more companies are attracted to the idea of launching their own Ethereum layer 2 network. Most of them shouldn’t bother. There’s already a staggering number of them — over 150. Quite a few of these are centralized and linked to a single enterprise and several companies such as Robinhood have recently announced plans to…

Web3 White Hats Earn Millions, Dwarfing $300K Cybersecurity Salaries

Top white hats hunting vulnerabilities across decentralized protocols in Web3 are earning millions, dwarfing the $300,000 salary ceiling in traditional cybersecurity roles. “Our leaderboard shows researchers earning millions per year, compared to typical cybersecurity salaries of $150-300k,” Mitchell Amador, co-founder and CEO of bug bounty platform Immunefi, told Cointelegraph. In crypto, “white hats” refers to…

Bitcoin and Ethereum ETFs See Inflows Amid Rising Institutional Confidence

Spot Bitcoin and Ether ETFs are seeing renewed inflows as institutional appetite for crypto exposure continues to build. On Friday, spot Bitcoin (BTC) ETFs recorded $642.35 million in net inflows, marking the fifth straight day of gains, according to data from SoSoValue. This pushed cumulative net inflows to $56.83 billion, with total net assets now…

UK Petition for Blockchain Innovation Gains Traction After Coinbase Push

A public petition calling on the United Kingdom to develop a pro-innovation strategy for blockchain and stablecoins has gained momentum following a push from crypto exchange Coinbase. The petition, hosted on the UK government’s website, calls for a comprehensive framework that includes stablecoin regulation, blockchain adoption and the appointment of a blockchain “czar.” Although launched…

BTC Primed For $120K Breakout After Cooling Phase Ends

Key takeaways: Bitcoin lost the $113,000 level as leverage use cooled and speculative bets, creating room for upside volatility. A breakout above would $113,650 confirm an inverse head-and-shoulders pattern, potentially driving BTC toward $120,000. Bitcoin’s (BTC) recent prolonged consolidation under $113,000 has forced traders to scale back risk, but this cautious stance could be setting…

Arthur Hayes Warns Bitcoiners Who Are Chasing A Quick Lambo

BitMEX co-founder Arthur Hayes says Bitcoin holders need to be more patient and stop worrying about stocks and gold hitting record highs, because asking why Bitcoin isn’t higher misses the point. “If you thought you were buying Bitcoin and the next day you were buying a Lamborghini, you’re probably getting liquidated because it is not…

Bitcoin Fills Its $117K CME Gap Amid Talk of Price Discovery Next

Key points: Bitcoin futures markets fill a CME gap from mid-August, the latest sign of market strength. Bulls must avoid turning that level into resistance, or new local lows await, analysis says. BTC price all-time highs could come in a matter of weeks. Bitcoin (BTC) hit a key price target on Saturday as analysis went…

WisdomTree Announces Tokenized Private Credit Fund

Asset manager WisdomTree launched its Private Credit and Alternative Income Digital Fund (CRDT), a tokenized private credit vehicle, amid an uptick in firms expanding into the tokenized private credit niche and other tokenized real-world assets (RWAs).  The fund will include credit extended to private corporations, loans made to real estate investment trusts (REITs), which are…

Coinbase Hacker Buys $18.9M in Ether at $4,756, Onchain Data Shows

A crypto wallet linked to an infamous Coinbase hacker has bought another 3,976 Ether, worth over $18.9 million, at $4,756 per token, according to onchain data. The purchase was made on Saturday, using 18.911 million DAI (DAI), according to data from Arkham Intelligence. The hacker consolidated various DAI amounts, ranging from $80,000 to $6 million,…