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RICS Updates Financial Standard to Address Cryptocurrency and AI Developments

RICS is updating its financial crime standard to address cryptocurrency and AI-related risks in the built environment sector. The consultation period runs from February 25...

LockBit Ransomware Gang Claims to Have Damaging FBI Intelligence in Letter to New Director

LockBit Ransomware group claims to possess critical information that could potentially compromise the FBI's organizational structure. The gang addressed an open letter to newly appointed...

PayPal Expands PYUSD Stablecoin Beyond Testing Phase, Plans Merchant Integration

Paypal's PYUSD stablecoin transitions from experimental phase to mainstream business operations. Integration planned for merchant bill-pay product and cross-border payment solutions in 2024. Hyperwallet platform to...

Bitcoin Plunges 21% From Peak As Analyst Warns Against Buying Dip

Bitcoin has entered correction territory, falling 21% from its peak of $110,000 to $85,000. Standard Chartered Bank analysts predict further market capitulation ahead...

Ondo Finance Joins Mastercard Network to Enhance Cross-Border Payment Solutions

Tokenized asset issuer Ondo Finance joins Mastercard's Multi-Token Network to enhance cross-border payment capabilities. Ondo's OUSG investment product will provide businesses access to yield through...

Circle CEO Calls for Mandatory US Registration of All Stablecoin Issuers

Circle co-founder calls for mandatory US registration of all USD stablecoin issuers worldwide. Proposal aims to enhance consumer protection in the cryptocurrency market. Registration requirements would...

PayPal Plans B2B Expansion for its Stablecoin PYUSD

Paypal plans to expand PYUSD stablecoin adoption through B2B applications in 2024. Company aims to integrate stablecoin solutions with its 20 million merchant network for...

Former Brazilian Billionaire Launches Crypto-Backed Biofuel Innovation Project

Former Brazilian billionaire is launching a cryptocurrency token ($EIKE) backed by innovative sugarcane technology. The genetically modified "supercane" project aims to produce triple the ethanol...

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Fake Installers Spread Cryptojacking Malware, RATs

A financially motivated group, REF1695, uses fake software installers to deploy cryptocurrency miners and remote access trojans (RATs).The campaign...

Trump Crypto Project Rated Among Industry’s Riskiest

The newly launched ratings firm CORE3 has assigned a 'DDD' risk grade to the Trump family-linked crypto project World...

U.S. Crypto Clarity Act Nears Key Senate Deal

Coinbase Chief Legal Officer Paul Grewal announced lawmakers are nearing a resolution on disputed stablecoin yield provisions within the...

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