The five crypto stories that matter to banks and funds, explained in plain English in three minutes.
The dailycrypto brief
Today's five stories
US clears stock perps, and how Binance got hacked
- US clears perpetual futures on single stocks
- Binance's $6.3bn hack began with a fake job interview
- Taiwan drafts rules for stablecoin issuers
- Bank of Korea asks 31 firms about crypto hack risk
- Tether says it holds 150,000 bitcoin
- $630bn
CFTC clears perpetual futures on US stocks for the first time
Markets
CFTC, CoinDesk - $2.85bn
Binance's $6.3bn hack began with a fake job interview, it says
Custody
CoinDesk - NT$300m
Taiwan drafts stablecoin rules with NT$300m bar for non-banks
Stablecoins
TokenPost, Bloomingbit - 31 firms
Bank of Korea quizzes 31 banks and brokers on crypto hack risk
Regulation
CoinDesk - 150,000
Tether says it holds 150,000 bitcoin, 50,000 above its last report
Stablecoins
CoinDesk
Who it's for
Most crypto news is written for traders. This is for the people who have to explain it at work: the compliance lead, the fund allocator, the banker who just got asked about stablecoins.
5
stories a day, picked for people who work with institutions, not for traders.
3 min
to read the lot. Each story opens with why it matters, then the facts.
Drafted with AI from public sources and checked against them before it goes live. See how.