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Japan’s SMBC Plans Stablecoin for Swift Alternative with Avalanche
Japan's Sumitomo Mitsui Financial Group plans to issue a stablecoin in collaboration with Ava Labs and Fireblocks, aiming for a live launch in 2026.The...
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ZKLend Hacker Falls Victim to Phishing, Loses Stolen DeFi Millions
A Hacker who stole 3,600 ETH from ZKLend claims to have lost 2,930 ETH to a fake Tornado Cash phishing website.The original theft occurred...
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California Bill Shields Residents’ Right to Use Crypto for Payments
California lawmaker introduces amendment to protect residents' right to use cryptocurrency as payment method.The Digital Assets Act would prohibit state entities from restricting crypto...
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Japanese Hotel Giant Metaplanet Grows Bitcoin Stash to 4,046 BTC
Japanese hotel company Metaplanet has acquired an additional 696 BTC ($58.5 million), bringing its total holdings to 4,046 BTC.The company financed its purchases through...
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Binance Drops USDT Spot Trading in Europe to Comply with MiCA Rules
Binance and other exchanges have delisted spot trading pairs with non-MiCA-compliant tokens like USDT in the European Economic Area.Users in the EEA can still...
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Kentucky Drops Staking Lawsuit Against Coinbase as Regulatory Tide Shifts
Kentucky has become the third state to drop its staking lawsuit against Coinbase, following Vermont and South Carolina.The dismissals come shortly after Kentucky passed...
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North Korea’s Lazarus Group Steals Record $1.4 Billion in Bybit Hack
North Korea's Lazarus Group stole $1.4 billion from Bybit in February, marking the largest single cryptocurrency hack in history.North Korean Hacking operations are more...
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Coinbase CEO pushes for stablecoin interest to match conventional banking
Coinbase CEO Brian Armstrong advocates for legislative changes allowing stablecoin holders to earn onchain interest, similar to traditional savings accounts.Armstrong suggests stablecoin holders could...
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Wall Street Fears North Korean Hackers, Seeks Blockchain Guardrails
Financial institutions are increasingly worried about their legal duty to stop state-backed Hackers like North Korean groups from accessing...
Wall Street Seeks Blockchain Guardrails Against North Korean Hackers
Beyond the Kelp DAO hack, Wall Street firms are increasingly concerned about their fiduciary duty to prevent state-sponsored bad...
Americans Wary of Crypto, AI Despite Industry PAC Spending
Majority of Americans are skeptical of crypto and AI, with 45% seeing crypto as too risky and 44% believing...
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