Binance US seeking to raise $100 million to expand its American crypto business is more than a funding headline, it’s a stress test of how the exchange fits into the regulatory, structural and strategic landscape of digital assets in the United States. The move raises an unavoidable question, why does Binance US need external capital…

Bitcoin Magazine Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report German multinational Deutsche Bank is just weeks away from its crypto custody service, according to reports.  The lender — which is Germany’s biggest — also plans to ​expand the custody platform into Asia next year​, according to a Friday Reuters report, which quoted…

Bitcoin Magazine MSCI To Move Forward With Proposal That Could Exclude Strategy From Index Morgan Stanley Capital International is moving ahead with a proposal that could remove bitcoin juggernaut Strategy from its global equity benchmarks.  The index maker said Thursday that it “will implement the proposal to define and classify non-operating companies as ineligible…

US president overrules decision to broadcast execution of former soldier who carried out Texas mass shooting in 2009

Sweden’s Riksbank has recommended that lawmakers prepare for a possible digital krona, citing concerns over foreign-currency stablecoins and the future of domestic payments.

Global chip stocks hit with two-day sell-off amid fears over sustainability of AI boom

Bitcoin Magazine Ledger Says Organized Crime Group Spent Millions Targeting Hardware Wallet Users Ledger has issued a statement following reports from customers of loss of funds and tampered devices, calling it one the most “sophisticated attacks” the digital asset industry has experienced.  The hardware manufacturer said Thursday that a “highly organized criminal group” bought…

Bitcoin Magazine Bitcoin Briefly Slides Below $80,000 On More Hot Inflation Data Bitcoin’s price momentarily dipped below $80,000 on Thursday following more hotter-than-expected U.S. inflation data.  The price of the biggest cryptocurrency recently stood at $81,028 after dropping as low as $79,805 on Thursday morning in New York.  Over a 24-hour period, it’s only…

Rebound in fuel costs has piled pressure on voters ahead of midterm elections

The report from the US banking regulator did not include specific examples of debanking related to crypto, but mentioned it alongside ties to oil, gas and firearms.