Russia’s Largest Bank Starts Issuing Bitcoin Bonds

Sberbank, Russia’s largest financial institution, has announced the issuance of the first batch of structured bitcoin bonds. The instruments are currently offered to a limited number of qualified investors, but the bank expects to provide more crypto-linked securities soon. Sberbank Pioneers Bitcoin Bonds in Russia Cryptocurrency is slowly starting to become a mainstream asset in … Read more

Consensys Acquires Web3auth to Enhance Metamask User Experience, Eliminating the Need for Seed Phrase Backups

Consensys has announced the acquisition of Web3auth, a provider of key management and embedded wallet infrastructure, aimed at enhancing the user experience and security of its Metamask wallet. According to Consensys this acquisition addresses significant risks associated with seed phrase management, as recent data indicates that 35% of users do not back up their seed … Read more

Insurers Eye Kidnap and Ransom Policies for Wealthy Crypto Holders

Insurance companies are considering the launch of kidnap and ransom policies aimed at wealthy cryptocurrency holders, driven by increasing concerns over kidnappings of crypto entrepreneurs. K&R Insurance for Crypto Holders U.S. insurance companies are reportedly contemplating launching products specifically for wealthy cryptocurrency holders. The insurers hope these products, known as “kidnap and ransom (K&R) policies,” … Read more

Profit-Taking Rises While Metaplanet Adds 1,088 BTC to Its Growing Treasury

While Bitcoin remains close to its recent peaks, it’s becoming clear that investor sentiment is starting to shift. Data shows that the $BTC market has become less favorable for momentum buyers, with a much sharper uptick in profit-taking. The late-stage telling may be that both momentum and reversal signals are now being sold by indicators. … Read more