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Banks commit about $270 million to joint stablecoin issuer, Bloomberg reports
Twenty-one financial organizations, including Goldman Sachs, Citigroup and Bank of America, would cover five years of operating costs.
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Bitcoin losing its status as top risk asset, Bloomberg analysts say
The analysts cite competition from other assets, large liquidations of trader positions and changed strategies among big investors.
Ledger CEO says everyone will be hacked eventually
Pascal Gauthier told Bloomberg that absolute security does not exist, and the report says his warning starts with his own company's affected devices.