Even as some competitors expand their bitcoin ATM operations, Bitcoin Depot, once the largest operator of bitcoin ATMs in North America, announced it is closing up shop. Bitcoin Depot announced Monday that it was filing Chapter 11 bankruptcy in the Southern District of Texas and would begin an orderly wind-down of its business in the United States. It expects to…
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Upshift’s New Vault Platform Allows Instant RWA Redemption
USDC vaults will provide instant liquidity to RWA holders
Onchain vault provider Upshift has partnered with asset tokenization firm Superstate to launch a new redemption platform for tokenized real-world assets. Upshift Clear will bridge the settlement gap in the real-world asset (RWA) tokenization sector by “applying the logic of traditional bridging capital onchain,” Upshift said in a release Dedicated USDC stablecoin vaults will provide instant liquidity to RWA holders…
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Charles Schwab Launches Spot Crypto Trading
Customers will be able to trade bitcoin and ether to begin with
Charles Schwab has begun rolling out spot trading of cryptocurrency to its retail brokerage clients. The discount brokerage giant announced on X today that an initial group of clients can now trade bitcoin and ether alongside traditional stocks and exchange-traded products. Trading of additional crypto assets will be rolled out over time. In an April preview of the launch, Schwab…
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North Korean Hackers ‘Industrialized’ Crypto Theft
AI security saved $10 billion: Binance
North Korea has “industrialized” cryptocurrency theft, turning it into a primary mechanism of revenue for the pariah state. That’s the conclusion of a new report by crypto security firm CertiK, which found that North Korean hackers have stolen $6.75 billion over the past decade, $2.6 billion of it in the past 18 months alone. The biggest incident by far was…
