Israels largest bank to offer crypto trading with Galaxy

SummaryBank Leumi customers will be able to buy, hold and sell bitcoin, ether and solana through the Leumi Trade app.Galaxy will provide the trading and custody infrastructure, with the service expected to launch in early 2027.The planned launch would make Bank Leumi the first bank in Israel to offer digital asset trading directly to its customers.  Bank Leumi, Israels largest bank, will offer cryptocurrency trading to customers from early 2027 becoming the first Israeli bank to announce such a service.  Customers of Leumi and its mobile banking unit, Pepper, will be able to buy, hold and sell bitcoin , ether and solana (SOL) through a section of the Leumi Trade app, according to a Friday announcement.  Galaxy Digital (GLXY) will provide trading and services through GalaxyOne Institutional, its platform for banks and asset managers. Leumi has also signed an agreement to use Galaxys custody infrastructure, formerly known as GK8, to support the offering.  The tie-up gives Galaxy a banking partner in Israel and places Leumi among a growing group of financial institutions bringing crypto access inside customer platforms. By embedding trading within its capital-markets app, the bank is betting that clients will favor a regulated banking interface over standalone crypto exchanges.  Maya Ravia, Leumi‘s head

6 گھنٹے پہلےانڈسٹری

Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data

Bitcoin (BTC) edged away from weekly lows on Thursday after the US Producer Price Index (PPI) narrowly cooled in July.  Key points:Bitcoin avoids further downside as US PPI data provides a boost to US equities.Cleveland Fed president stays hawkish on the outlook for interest-rate policy.Bitcoin long liquidations make $61,000 a key level to watch.  July PPI extends cooler US inflation trend  BTC/USD was up around 0.5% on the day near $63,900 with volatility broadly absent, data from TradingView showed.  BTC/USD one-hour chart. Source: Cointelegraph/TradingView  The July US Producer Price Index (PPI) print was unchanged month-on-month at 0.2%, while year-on-year increased 4.7% versus an anticipated 4.9%, per data from the Bureau of Labor Statistics (BLS).  “In July, a 0.2-percent increase in the index for final demand services and a 2.2-percent advance in prices for final demand construction offset a 0.7-percent decrease in the index for final demand goods,” the BLS release said.  “Falling gasoline and energy prices provided the biggest relief,” Econoday analysts highlighted.  US PPI one-month % change. Source: BLS  US stocks gained at the Wall Street open as PPI further cooled market bets on interest-rate hikes from Federal Reserve policymakers. The S&P 500 index and tech-heavy Nasdaq Composite index were up 0.87% and 0.94%, respectively, at the time

9 گھنٹے پہلےانڈسٹری

Bitcoin Eyes New August Lows as Binance Longs Face a ‘Cleanout’

Bitcoin (BTC) long positions are “facing liquidation” as volatility shows signs that a range breakout is finally coming.  Key points:Bitcoin long positions face multiple threats as BTC price action heads toward new August lows, analyst warns.The correlation between Binance open interest and price reached 0.25 on Thursday as both fell.The Bitcoin bull market is not ready to make a comeback, CryptoQuant CEO Ki Young Ju says.  Bitcoin longs feel the squeeze as price drops  Insights published on onchain analytics platform CryptoQuant by community analyst “BorisD” on Thursday suggest that leveraged long BTC positions are being flushed out as BTC/USD targets month-to-date lows.BTC/USD one-hour chart. Source: Cointelegraph/TradingView  The analysis focuses on the relationship between price and open interest (OI) on Binance. OI represents total active derivative positions, both long and short, and reflects capital commitment in a given market.  While price has traded in a narrow range since June, CryptoQuant data show that Binance OI has gradually increased, reaching $8.15 billion on Wednesday as futures increasingly steer the market while spot traders sit on the sidelines.Bitcoin open interest on Binance. Source: CryptoQuant  With price now seeing downside volatility on lower time frames, the correlation between price and OI has entered a state of flux, potentially squeezing long

9 گھنٹے پہلےانڈسٹری

BiFinance Discloses Security Infrastructure, Proof of Reserves (PoR), and RWA Tokenization Offerings

1. Overview and Security Architecture  As cryptocurrency market participants place increasing emphasis on asset custody security, transparency, and regulatory compliance, digital asset platforms continue to update their operational frameworks.Established in 2022, BiFinance operates a digital asset trading platform featuring cold and hot wallet segregation, multi-signature authorization protocols, proprietary trading infrastructure, automated risk management systems, and 24/7 global customer support.  2. Real-World Asset (RWA) Tokenization Suite  Alongside spot trading operations, BiFinance has expanded into Real-World Asset (RWA) tokenization.   Current products include:  TGT (Gold Token): Blockchain-based tokenized exposure backed by physical gold reserves.  SDMT (Stock Token): Tokenized exposure referencing Hong Kong-listed equities.According to platform documentation, these products aim to provide fractional ownership and digital liquidity for traditional asset classes through blockchain infrastructure.    3. Regulatory Compliance and Proof of Reserves (PoR)  On the regulatory front, BiFinance has completed registration as a Money Services Business (MSB) with the U.S. Financial Crimes Enforcement Network (FinCEN) and reports ongoing efforts to expand its regional compliance footprint.To enhance asset transparency, BiFinance deployed a 100% Proof of Reserves (PoR) system utilizing Merkle Tree cryptographic verification, enabling users to independently verify platform reserve balances.According to self-reported platform metrics:  User Base: Over 1.1 million registered accounts across more than 130 countries and regions.  Trading Volume: Daily trading volume typically

10 گھنٹے پہلےگہرا غوطہ

WikiBit Crypto Weekly Market Frontline: The Calm Before the Storm? Whales Are “Fighting Each Other”

This week, Bitcoin (BTC) has been hovering around $63,000, looking almost frozen in place. Spot trading volume has dropped to the lowest level since 2019! The market has entered “garbage time” — nobody is trading. Its more hypnotic than watching a group of elderly people practicing Tai Chi.  So, what are whales doing?  On the surface, everything looks calm. But beneath the water, the whales are fighting!  Some major players are quietly accumulating, scooping up 46,000 BTC in the past 60 days. Meanwhile, another whale opened a massive leveraged long position around $63,700, pushing the position size to nearly $110 million.  At the same time, another group of large holders has been aggressively selling and dumping.  The market is showing extreme disagreement between bulls and bears:  One side is shouting “buy,” while the other side is selling hard.  Basically, they are all calling each other idiots.  Where is institutional money going?  The ETF data looks impressive — 8 consecutive days of net inflows sounds bullish.  But when you look closer, the entire trend is being driven almost entirely by BlackRock.  Other institutions are either seeing zero inflows or experiencing outflows.  If BlackRocks buying momentum slows down, this market could flip very quickly.  Macro environment:  The situation is getting complicated.Tanker tensions around Iran are raising

12 گھنٹے پہلےگہرا غوطہ

Leon Li Returns with UMX: Crypto and Stocks “Tie the Knot” — The TradFi Moment Has Arrived, and the

Recently, UMX Exchange, incubated by Leon Li s (Li Lin) Avenir Group, officially launched its invitation-only public beta.  Because of Leon Li ‘sidentity as the former founder of Huobi and UMX’s “Unified Market” vision, the platform attracted strong industry attention immediately after launch.  Thirteen years ago, Leon Li founded Huobi at Garage Coffee. That was the era of crypto “land grabbing,” when the industrys mission was simple: make Bitcoin accessible to more people. It was straightforward and aggressive.  Thirteen years later, the rules of the game have changed.  Cryptos self-contained “small world” is coming to an end. It now wants a seat at the same table as U.S. stocks, ETFs, and other forms of “old money.”  The reason is simple: the crypto island is gradually connecting with the traditional financial mainland.  Bitcoin spot ETFs have been approved in the United States. Stablecoins have gained legislative recognition from major economies. Real-world assets (RWA) are bringing government bonds and stocks into the crypto ecosystem. The era when crypto-operates independently is fading, and a new continent is emerging at the intersection of digital assets and traditional finance.  2026 can be described as the “TradFi moment” for crypto exchanges.  Crypto exchanges are collectively “transforming” or “expanding”: Binance, OKX, Gate, Coinbase, Kraken, and

13 گھنٹے پہلےگہرا غوطہ

Coinbase and 14 other x402 facilitators failed security tests built for the coming AI-agent economy

Security flaws across major x402 payment facilitators could expose facilitator-held assets and leave merchants without receiving payment for services provided, according to new research presented at the 35th USENIX Security Symposium.  Researchers tested 15 major x402 facilitators, including Coinbase, Thirdweb, PayAI and Mogami, and found that every platform violated at least one security rule.  They mapped 49 rule violations to 31 distinct vulnerabilities across systems that accounted for 99% of observed x402 transactions and 98% of payment volume during the study.  The researchers identified four broad attack classes, including free shopping, asset theft, service disruption, and gas abuse.  They directly validated six attack paths under bounded conditions, including two free-shopping attacks, three gas-abuse attacks, and one path that could expose facilitator-held assets.  The findings do not mean that 99% of x402 transactions were themselves vulnerable. Rather, the paper said the attacks could cause “direct financial loss to merchants, theft of facilitator-held assets, unbounded sponsor-paid gas/fees, and disruption of payment services.”  The findings come as x402 is being promoted as infrastructure for machine-driven commerce, allowing websites and APIs to request payments that software and AI agents can complete autonomously. Facilitators sit between buyers and merchants, checking signed payment authorizations before submitting transactions to blockchains.  That position gives facilitators

19 گھنٹے پہلے

Pi Network News: New Solana Exchange Listing, But Still No Binance or Coinbase

Pi Network picked up a fresh trading venue this week, giving the token another door into crypto markets even as bigger names keep passing it by.  Crypto exchange SolCex added Pi alongside Ethereum Classic and Canton Network‘s token, opening up cross-chain trading access for Solana-based users. One commentator called it a big step forward, adding that pairing Pi with established names like Ethereum Classic gives it fresh exposure to deeper liquidity pools it hasn’t tapped before.  Price Story Right Now  Pi coin now trades near $0.089, still down 97% from its all-time high, near $3, a peak the token hit back in February 2025. Pi hit a fresh low near $0.07 in mid-July before climbing back above $0.09 again, though its been rejected each time it approached $0.10. The token briefly slipped below $0.08 late last month before reclaiming that level and pushing above $0.09 on several occasions this August.  What About Binance and Coinbase?  Despite ranking among the top 100 cryptocurrencies by market value and boasting one of the largest communities in the entire crypto space, Pi has yet to land on either of the industry‘s two biggest exchanges. The token has already secured spots on OKX, Gate, MEXC, and even Kraken, but Binance

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FCA, HTX in Settlement Talks Over Illegal UK Crypto Promotions: Report

In briefBritains Financial Conduct Authority and HTX are in talks to settle the regulators claim that the exchange illegally promoted crypto services to UK consumers.The High Court has paused proceedings until late August to let the two sides reach a deal, Reuters reported from court filings.The FCAs claim names a Panamanian company and four categories of “persons unknown,” including anyone who takes over the exchange before October 2028.  The Financial Conduct Authority and HTX are “in talks” to negotiate a settlement in the regulators case over unlawful crypto promotions to UK consumers, with Londons High Court pausing proceedings until late August to let the two sides reach terms, Reuters reported from court filings. The sides exchanged emails in March, opened three months of talks and extended them by a further two on June 25.  The FCA issued proceedings in the Chancery Division on October 21 last year, in the first enforcement action of its kind against a crypto exchange over marketing, with the claim itself published in February. It is seeking an injunction and a declaration that the defendants breached section 21 of the Financial Services and Markets Act, which bars unauthorized financial promotions.  The particulars of claim name Huobi Global S.A., a

2 دن پہلےانڈسٹری

Trezor shipping provider breach exposes personal data of nearly 14,000 customers

Quick TakeA breach at Trezor‘s shipping partner ShipMonk exposed customer names and contact information, including nearly 12,000 customers’ phone numbers and shipping addresses.Victims could now be at higher risk of phishing attempts or, in the worst case, targets of violent attacks.  Nearly 14,000 Trezor customers had their personal information exposed in a breach at shipping provider ShipMonk, most of whom had their names, phone numbers and home addresses exposed.  According to a Trezor announcement late Wednesday, ShipMonk informed the hardware wallet manufacturer on Monday that an unauthorized party had accessed the systems holding customer order data.  It specified that the names, email addresses, phone numbers and shipping addresses of 11,742 customers had been exposed. Another 1,947 customers had their names, cities and email addresses leaked, bringing the rough estimate of victims to around 13,700 across the U.S., UK, Sweden, Colombia, Brazil, Italy and Portugal.  Trezor said the breach does not affect its internal systems and that the hardware wallets themselves remain secure.  “This is the first time since Trezor was founded in 2013 that we have experienced a breach that exposed customer phone numbers and shipping addresses,” the company said.  The exposed customers are now at a higher risk of being targeted by phishing campaigns, where

2 دن پہلےانڈسٹری
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