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Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more

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This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more.

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Securitize agrees to buy River One to expand into asset-backed lending

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Securitize agreed to buy River One to bring stablecoin funding to asset-backed lending and expects the deal to close in the fourth quarter of 2026.

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BlackRock Bitcoin ETF outflows hit $1.66B over seven trading sessions

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US spot Bitcoin ETFs shed $201 million Monday, with seven straight sessions of net withdrawals from BlackRock’s IBIT totaling $1.66 billion.

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Crypto exchanges need hard dollar caps on hot wallets, CertiK says

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“Cold storage is a useful measure of online exposure, but it is not a standalone security score,” the cybersecurity firm told Cointelegraph.

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