The breach adds to a string of major crypto security incidents that have put exchanges, wallets and blockchain infrastructure under scrutiny.

Zcash surged roughly 20% Friday, tagging $1,023 after opening near $828, its first trip above $1,000 in almost ten years.

Treasury yields and the dollar rose Friday after U.S. employers added 162,000 jobs in August, nearly three times the increase economists expected.

The most important development in crypto derivatives over the past several years is the emergence of deep, continuously operating underlying markets.

The launch adds trading to Standard Chartered's existing digital-asset custody business in Dubai, where the bank began safeguarding Bitcoin and Ether for institutional clients in 2024.

The company posted a roughly $372 million first-half loss and carried out a 1-for-40 reverse stock split in May to maintain its Nasdaq listing.

Bitcoin is holding near $78,000 after gaining about 24% in August. Washington is preparing for another consequential vote on crypto regulation later this month.