Everything web3, crypto, defi, degen
In brief AML Software is suing Bitcoin ATM operator Athena Bitcoin Athena allegedly tried to steal AML Software’s source code. Athena also faces allegations of profiting from elderly scams. AML Software, a company registered in Illinois, has sued Athena Bitcoin, accusing the Bitcoin ATM operator of trying to steal its source code, according to a…
In brief DeFi Development Corp. is boosting its share repurchase program from $1 million to $100 million. The firm will consider buying back shares from the open market when its mNAV trades below 1. DFDV is up about 4% on the day, but down 12% in the last week of trading. Shares in Solana treasury…
In brief Franklin Templeton’s tokenization platform is being integrated with BNB Chain Franklin Templeton is also working with Binance on separate crypto products. BNB hit an all-time high of $1,079 on Sunday Franklin Templeton’s tokenization platform is expanding to BNB Chain, bringing one of the world’s largest asset managers to the Binance-created blockchain.The asset manager,…
In brief North Korean hackers compromised Web3 gaming incubator Seedify’s cross-chain bridge, draining $1.2 million across BNB Chain networks. The attack exploited a developer’s private key to mint unauthorized SFUND tokens through an audited bridge contract that should have prevented such minting. Blockchain sleuth ZachXbt linked the theft addresses to past North Korean “Contagious Interview”…
In brief Morgan Stanley is planning to offer crypto trading on its E*Trade platform early next year. The banking giant is teaming with crypto and stablecoin infrastructure provider Zerohash on the initiative. Investors will be able initially to trade Bitcoin, Ethereum, and Solana. Morgan Stanley is joining with crypto and stablecoin infrastructure firm Zerohash to…
In brief SEC Chair Paul Atkins said Tuesday he plans to roll out an “innovation exemption” for some digital assets by year-end. The exemption is part of Project Crypto, an SEC initiative which could ease rules for ICOs, airdrops, and other crypto activities. Atkins said the changes, which could also impact New Deal-era financial laws,…
In brief Ripple’s RLUSD stablecoin was integrated in Securitize’s platform. Two tokenized money market funds can now be exchanged for the stablecoin. BlackRock’s BUIDL is worth $2 billion, per RWA.xyz. Ripple’s RLUSD stablecoin has been integrated into Securitize’s platform, allowing users to exchange shares in tokenized money market funds for the dollar-pegged asset.The feature was…
In brief Chinese regulators have reportedly given informal guidance to brokers to halt tokenization activity offshore. Hong Kong is pushing ahead with stablecoin licensing and its broader digital asset push. Observers see a temporary cooling period, not a reversal of institutional demand. China’s securities regulator has reportedly instructed some brokerages to pause their real-world asset…
Thai authorities have busted a $15 million criminal enterprise that victimized over 870 South Koreans, in what one expert calls a case study of “multi-layered laundering.”The Seoul Metropolitan Police Economic Crime Investigation Division announced Monday the arrest of 25 members of “Lungo Company,” a fraud ring that deployed multiple scam tactics, including romance schemes, crypto…
In brief The $100 million facility has been secured by CleanSpark’s Bitcoin holdings. Executives said the strategy helps fund growth without equity dilution. Rising difficulty, low fees, and tariffs have added pressure to mining margins. Bitcoin miner CleanSpark said Monday it has secured a new $100 million credit line from Coinbase Prime, extending its existing…
