Security
BTCFi protocol Echo exploited, targeting eBTC market on Monad: onchain analysts
BTCFi protocol Echo was exploited, with the attacker minting 1,000 eBTC on Monad and using it as collateral to borrow WBTC.
Latest
Regulation
SEC’s innovation exemption for tokenized stocks to come as early as this week: Bloomberg
The SEC has approved several entities to move forward with tokenized stock initiatives, including the NYSE and Nasdaq.
Regulation
Galaxy secures New York BitLicense to expand institutional crypto services
The NYDFS approvals allow GalaxyOne Prime NY to offer trading and financing services to institutional investors in one of the most tightly regulated US crypto markets.
Regulation
Minnesotan banks and credit unions set to provide crypto custody August 1
Minnesota banks and credit unions will be authorized to offer cryptocurrency custody services starting August 1, following new regulatory guidance from state financial authorities. The directive applies to all state-chartered financial institutions and represents a significant expansion of traditional banking services into digital asset management. Minnesota becomes one of the
Regulation
SEC to propose tokenized stock framework as Wall Street efforts deepen: Bloomberg
The Securities and Exchange Commission is set to propose a comprehensive framework for tokenized stocks as Wall Street's blockchain initiatives continue to expand, according to a Bloomberg report. The regulatory proposal comes as major financial institutions increasingly explore digital asset representations of traditional securities, seeking to modernize trading
Exchange
Swan Bitcoin Hit With Nearly $1 Billion Lawsuit Over Prime Trust Collapse
The lawsuit alleges that the Bitcoin-centric financial services firm took advantage of insider information to escape major losses.
Regulation
Zerohash secures first EMI license under MiCA for stablecoin and brokerage services in Europe
Zerohash Europe is the first firm licensed under Europe’s flagship MiCA crypto regulation to also hold full EMI status.
Market
Solana is shedding its memecoin reputation as big banks move billions into its ecosystem
Major financial institutions are pouring billions of dollars into the Solana ecosystem, marking a significant shift away from the blockchain's association with speculative memecoins. According to recent data, several prominent banks have allocated substantial capital to Solana-based infrastructure projects and decentralized finance protocols, though specific institutional names and
Market
Ex-OpenAI's Leopold Aschenbrenner bets big on crypto miners for his $13.6 billion AI play
Former OpenAI researcher Leopold Aschenbrenner has launched a $13.6 billion artificial intelligence venture with significant investments in cryptocurrency mining infrastructure. The ex-OpenAI executive, who previously worked on the company's safety and alignment research, is betting that crypto miners' existing hardware and energy infrastructure can be repurposed
Exchange
Standard Chartered to absorb Zodia Custody’s core business, spin out Zodia Solutions
Standard Chartered will absorb Zodia Custody’s regulated crypto business and spin out Zodia Solutions, as big banks move to own core digital asset custody in-house.
Regulation
South Korea's KB Financial completes stablecoin pilot for offline payments
The parent company of South Korea’s largest bank completed a stablecoin payment pilot ahead of the country's proposed digital asset framework.
Regulation
Bank of England, FCA launch consultation on tokenized UK wholesale markets
UK regulators seek industry feedback on tokenized securities, collateral, and settlement infrastructure with a July 3 deadline.