RIF's market value briefly exceeded 42 million US dollars, with a 24-hour increase of over 1700%

A Bitcoin wallet targeted by the Noah Doe lawsuit transferred assets worth $33 million.

The future of perps in the U.S. may be at stake as the CFTC argues that CME hasn't shown the new policy is hurting it after the agency OK'd its first bitcoin perp.

Spencer Applebaum, General Partner and Co Head of Venture Capital at Multicoin Capital, stated that HYPE is the largest holding of its hedge fund, and all related tokens are purchased through the public market. Multicoin Capital will not follow the example of peers such as Paradigm to expand its investment scope to pure AI and robotics, and will continue to focus on cryptocurrency assets. In addition, the $422 million venture capital fund raised by Multicoin Capital in 2022 had a slower deployment pace due to the decline in startup valuations after the FTX crash. (Source: Bloomberg)

Mastercard launches Stablecoin Security tool, which helps banks detect fraud, scams, and sanction risks before stablecoin payments are put on the blockchain. This service will first be launched in North America and is expected to be globally available by 2027.

The Sparkassen banking network in Germany has launched cryptocurrency trading services in some banks through its banking application, initially supporting Bitcoin, Ethereum, XRP, Solana, and Polygon, with 30 to 40 banks joining each month.