AGP Executive Report
Last update: 6 hours agoCrypto Markets: Bitcoin slipped 2.2% to about $76,500 as Binance’s record $6.3 billion hack, ETF outflows of nearly $399 million and US midterm uncertainty weighed on prices. Binance says it has replenished 95% of affected assets and withdrawals are nearing normal, but its SAFU bitcoin holdings have fallen by half to 7,500 BTC. The FBI blamed North Korean hackers; Pyongyang denies involvement. Institutional Crypto: Tether’s CEO says the stablecoin firm holds about 150,000 BTC, worth roughly $11.5 billion, making it one of the largest corporate holders. Payments: Ebury and Form3 plan to connect to Canada’s phased-in Real-Time Rail, targeting instant payments and cross-border services for corporate clients. Razorpay also received an IFSCA licence to expand regulated cross-border payment services from GIFT City. Fintech Business: Paytm’s latest results point to a shift toward profitable growth, with revenue up 28% and EBITDA up 182% year over year.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
