Coinbase_Prime
6h Crypto Recap Bitcoin, XRP, Cardano, Solana, Ripple—Big moves
The US government moved $244M in #Bitcoin to #Coinbase, raising fresh questions about how seized assets are being handled. The transfer drew attention because it happened alongside renewed political scrutiny of crypto custody.
Separate reporting said the US government also deposited $288M worth of #Bitcoin and #Ethereum to #Coinbase_Prime. The move put a spotlight on how large official wallets can affect exchange-side liquidity.
US banking groups pushed back on a proposed crypto market structure push tied to the #CLARITY_Act, focusing on concerns around yield and product design. The dispute highlighted how traditional finance wants clearer boundaries for crypto-linked returns.
6h Crypto Recap: Bitcoin, XRP, Solana, Zcash, Cardano — Risk On?
#Solana trading and custody services were launched by an SBI-linked Ripple affiliate. The move expands institutional-style access around #Solana.
#Solana saw a large transfer of 319M in SOL to #Coinbase_Prime tied to Forward Industries. The report framed it alongside a major paper loss figure of $11.3B.
US senators pressed regulators on “fair” crypto capital rules for banks. The push centered on how regulators set capital requirements for crypto exposures.
#Supra_Labs reported its CEO’s X account was hacked in a fake token promotion scheme. The incident highlighted ongoing social-account takeover risks ⚠️.