Week in Bytes
64 stories this week.
- Crypto · 33
- Markets · 14
- Regulation · 12
- Tech · 4
- Defi · 1
Most covered
- Citi Plans to Launch Bitcoin Custody for Institutional Clients Later This Year · 4 sources
- US Treasury Proposes Rules Defining Who Can Legally Issue and Sell Stablecoins Under GENIUS Act · 4 sources
- Optimism Governance Vote Redirects 546.9 Million OP Tokens From User Airdrops to Growth Fund · 3 sources
- HSBC and Standard Chartered Complete First Live Transaction on Swift's Blockchain Ledger · 3 sources
- SEC Proposes New Rule Creating Framework for Crypto Investment Contracts · 3 sources
6 exploits tracked this week totalling $104,700,000 — the running tracker.
BYTE Mood ran 72 → 58 across 14 readings — how it is scored.
The week
The week's stories clustered around three poles: a run of exploits and security failures hitting DeFi protocols, wallets and bridges; a parallel wave of regulatory and enforcement activity from U.S. agencies and exchanges; and continued institutional buildout into custody, tokenization and cross-border settlement. Layered underneath was routine on-chain transfer and liquidation reporting, plus macro commentary on debt and bond yields.
- Bitcoin and ether ETFs pulled in large inflows as trading volume jumped
- SEC proposed a new framework for classifying crypto investment contracts
- Treasury proposed rules on who can legally issue stablecoins
- CME and Kalshi executives clashed over prediction market oversight
- MANTRA halted its blockchain after an exploit tanked its token
- Harmony plans a rollback after an exploiter forged tokens
- A Coldcard wallet bug enabled years of undetected fund theft
- BounceBit is shutting its blockchain after an exploit
- Maya Protocol was drained of assets in an exploit
- Citi plans to offer Bitcoin custody to institutional clients
- HSBC and Standard Chartered completed a live transaction on Swift's ledger
- Ray Dalio warned of a debt crisis and favored Bitcoin over bonds
Sources: BYTE NEWS
This article is for information only and is not financial advice.
Standard Chartered US Department of the Treasury GENIUS Act
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