Kaamel Technology to lead investigation into XLink's $10M breach

Donald Trump says he helped make “NFTs hot again” and even dissed his own political rival’s unofficial meme coin — sending it and his respective meme coin soaring.

The cryptocurrency market overall endured a bad summer on back-to-back pieces of bad news, ranging from Terra's (Luna) —now renamed Terra Classic (LUNC) — collapse to the Celsius Network's liquidity crisis. But some tokens have bucked the downtrend and have actually seen their valuations go up over the summer.Specifically, the last 90 days have seen…

The OCC’s acting head is pushing against the Consumer Financial Protection Bureau’s intention to charter non-depository fintech firms. 4060 Total views 15 Total shares Brian Brooks, the acting head of the U.S. Office of the Comptroller of the Currency and former chief legal officer to Coinbase, has warned against the Consumer Financial Protection Bureau receiving…

The United Kingdom’s financial regulator has published a consultation paper titled “Guidance on Cryptoassets” today, Jan. 23.The stated goal of the Financial Conduct Authority’s (FCA) paper on cryptocurrency is to provide more regulatory clarity on the subject for market participants. The consultation period on crypto, which the paper initiates, is scheduled to end on April…

The coworking firm is the latest to see crypto as a suitable asset for its corporate treasury. 1612 Total views 13 Total shares Coworking space giant WeWork is the latest company to announce plans to hold cryptocurrencies on its balance sheet.The SoftBank-owned commercial real estate firm announced its plans via a statement on Tuesday. WeWork’s crypto…

The Bank for International Settlements, the International Monetary Fund and the World Bank say CBDCs should be programmed in advance to avoid interoperability issues. 355 Total views 6 Total shares International agencies are urging central banks to consider interoperability early in the design of central bank digital currencies (CBDCs). The Bank for International Settlements (BIS)…

Huobi's move follows a similar decision by crypto exchange OKEx, which resolved to dissolve its China-based entity in late June. 532 Total views 20 Total shares Stakeholders in the Chinese firm that was founded to operate cryptocurrency exchange Huobi have resolved to dissolve the entity, according to publicly available records.The firm, Beijing Huobi Tianxia Network…

The amount of unclaimed Arbitrum (ARB) tokens accounts for 0.69% of ARB’s total supply of 10 billion. 90 Total views 1 Total shares Arbitrum, a major Layer 2 solution for the Ethereum blockchain, has officially added the unclaimed tokens from the Arbitrum airdrop to its network’s treasury.The Arbitrum Foundation sent 69.4 million unclaimed Arbitrum (ARB)

DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide. The Singapore-based multinational banking entity DBS and Standard Chartered have completed the proof-of-oncept of their blockchain trade finance platform called the Trade Finance Registry.The two entities developed the PoC in collaboration with 12 other banks on top of the blockchain…