AGP Executive Report
Last update: 10 hours agoMarket & ETFs: Bitcoin rebounded above $83,000, but crypto funds shed about $1.25 billion last week. XRP ETFs bucked the trend with $11.3 million in inflows, while Bitcoin, Ether and Solana funds saw withdrawals. Wallet Security: Ledger confirmed an unauthorized hardware implant in a device sold by Southeast Asian reseller CryptoBilis. Researchers estimate losses exceed $93 million; Ledger says its own systems were not compromised. Institutional Adoption: South Korea’s Jeonbuk Bank launched corporate loans backed by Bitcoin, while Standard Chartered began institutional custody for Ripple’s RLUSD stablecoin in Dubai. Regulated Markets: UAE-licensed AGCX opened a dirham trading desk, letting clients fund crypto accounts through local bank transfers. China’s Blockchain Push: Beijing backed a national blockchain network as part of a wider digital-economy plan, while its ban on cryptocurrency transactions remains in place.
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.
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