Security
Initia halts blockchain after exploit reportedly drains over $2.6M
The blockchain suspended its layer-1 network and rollups after security researchers identified unauthorized token minting and millions in assets transferred to Ethereum.
CryptoClub.cc
Regulation
$1.8T Franklin Templeton Gains Approval to List Bitcoin DRIP Strategy ETFs on Nasdaq
Franklin Templeton, a $1.8 trillion AUM global asset manager, has received approval from Nasdaq to list two new Bitcoin ETFs with a DRIP strategy. This brings the company closer to launching Bitcoin ETFs that systematically convert stock dividends into BTC exposure. According to the latest SEC filin
Regulation
Singapore, Malaysia and Thailand central banks expand cross-border stablecoin initiative involving Ripple, Visa and Mastercard
Malaysia and Thailand have joined Singapore's BLOOM initiative for cross-border stablecoin and tokenized deposit settlement.
Technology
HSBC rolls out its first HKD stablecoin RedCoin to retail users
PayMe users will be able to activate a stablecoin wallet in-app in the coming days for peer-to-peer and peer-to-merchant payments.
Technology
SoFi launches interest-bearing, FDIC-insured tokenized deposit for crypto users
SoFi has launched SOFIE, a tokenized deposit offering 4.4% APY and FDIC insurance, with the option to convert to SoFiUSD.
Regulation
China seeks to seize 61,800 BTC tied to $5.7 billion fraud scheme
Chinese authorities are moving to seize approximately 61,800 Bitcoin linked to a massive fraud operation valued at roughly $5.7 billion, according to a report from CoinDesk. The case represents one of the largest cryptocurrency-related asset seizures pursued by Chinese law enforcement, with officials targeting holdings connected to an
Exchange
Standard Chartered signs definitive deal to acquire Zodia Custody
The signing follows shareholders’ acceptance of Standard Chartered’s non-binding offer in May, with regulatory approvals still pending.
Regulation
First out the gate: OCC debuts final rule implementing Trump-signed GENIUS Act
OCC published its final GENIUS Act stablecoin rule, effective Jan. 18, dropping a proposed presumption on third-party rewards arrangements.
Macro
SpaceX and Tesla explore merger that would unite more than 30,000 bitcoin
Reports emerged this week that SpaceX and Tesla are exploring a potential merger that would bring together a combined bitcoin holding of more than 30,000 BTC under a single corporate entity. The discussions, first reported by CoinDesk, represent one of the most significant corporate consolidations involving digital asset holdings
Regulation
Swiss Regulator Approves First Retail Fund That Holds Bitcoin Directly
FINMA waived the diversification rules for the fund but leaned hard on custody and investor-protection safeguards.
Security
Wallet Linked to Drift Exploit Sends $61 Million in Ethereum to Tornado Cash
The North Korea-linked attacker behind April's $295 million Drift heist pushed 25,700 ETH through the mixer in two hours, and still controls roughly $198 million more.
Regulation
Microsoft, Alphabet and Goldman Sachs join objections to OKX-ICE tokenized stock trading
Major corporations including Microsoft, Alphabet, and Goldman Sachs have formally joined a growing coalition of objectors to a proposed tokenized stock trading initiative between crypto exchange OKX and Intercontinental Exchange (ICE). The companies filed their objections through official regulatory channels, signaling significant pushback from established financial and technology players against