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In brief Keystone will destroy 18,835 unsold hardware wallets and has suspended shipping after an attacker obtained the permanent factory key used to verify its devices are genuine. The breach, detected October 20, also affected 25,964 buyer records from Keystone’s Shopify store, covering 2024 to 2026 and including names, contact details and shipping addresses. Keystone says recovery phrases and private keys were not involved, and that devices delivered before October 20 are unaffected. Keystone, a maker of Bitcoin hardware wallets that keep the secret codes controlling your crypto offline, said Monday it will destroy 18,835 unsold devices after attackers obtained…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The OCC’s new GENIUS Act rules let exchanges like Coinbase and Robinhood keep paying interest-like stablecoin rewards, despite warnings from banks about deposit flight. TLDR Federal regulators have confirmed that crypto exchanges can keep paying interest-like rewards on stablecoin balances. Under the OCC’s new GENIUS Act rules, stablecoin issuers like Circle still cannot pay interest to holders directly. Exchanges such as Coinbase and Robinhood can pass on earnings from the reserves backing the coins, handled on a case-by-case basis. Banking groups and consumer advocates have criticized the…

In brief Some crypto traders believe that the McRib’s return to McDonald’s menus precedes a rise in Bitcoin’s price. Experts say there is “no correlation” between the two at all, as believers often omit the times the McRib has failed to pump prices. Analysts think the Fed’s rate decision on Wednesday is a far more likely driver of Bitcoin’s next move. The McDonald’s McRib has become a crypto meme in recent years, due to many traders believing that its reintroduction to the menu precedes a boost in Bitcoin’s price. And, with the tangy pork sandwich back in certain states across…