Anchorage Digital

Large financial institutions are increasingly approving and distributing crypto products, marking a clear shift in the relationship between traditional finance and digital assets. Market participants say the buildout is turning custody, tokenization and regulated trading into core infrastructure rather than a side experiment.

More than three dozen bitcoin and crypto companies are pressing major AI labs to provide early access to powerful models for open-source security work. The firms argue that safety filters and closed trusted-partner programs are slowing defenders while attackers face fewer limits.

Wallets tied to Trump Media moved 2,628 bitcoin worth about $165 million to Crypto.com, leaving roughly 4,261 bitcoin in tagged addresses. The remaining balance now closely matches the 4,260.73 bitcoin the company previously listed as collateral for convertible notes, making its next 10-Q central to understanding whether the transfers were custody movements or sales.

Nine major crypto firms have formed the Bitcoin Security Consortium, pledging a combined $15 million over three years for Bitcoin security research and open-source development. The initiative will support work on post-quantum defenses while avoiding any role in Bitcoin governance or protocol decisions.

Movement Labs, developer of the Movement blockchain, has filed for Chapter 11 bankruptcy after months of disruption tied to its MOVE token launch. The filing follows scrutiny over a market-making arrangement, a Binance ban connected to the market maker, a token buyback and a broader attempt to reposition the project.

The GENIUS Act has reached its first anniversary with federal regulators still behind on implementing stablecoin rules. Tether’s USDT now faces a critical compliance window that could shape whether it remains available on U.S. crypto platforms.

Anchorage Digital is rolling out a new platform to help banks issue and manage tokenized deposits on blockchain rails. The move targets round-the-clock settlement while avoiding major changes to core banking systems.