US Marshals Arrest Veer Chetal in $243M Bitcoin Heist: Third Suspect Caught in Crypto Crime Wave US Marshals have arrested 19-year-old Veer Chetal, known as Wiz, marking the latest development in a $243 million Bitcoin heist from a Genesis creditor in 2024. The trio, including Malone Lam (Greavys) and Jeandiel Serrano (Box), used social engineering […]
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Japan’s Coincheck Launches Coincheck Prime: A New Era for Corporate Crypto Custody Coincheck, Japan’s leading cryptocurrency exchange, has introduced Coincheck Prime, a new service aimed at corporate and institutional investors, signaling a significant advancement in the country’s embrace of digital assets. Coincheck Prime targets corporate and institutional investors with deposit balances of at least 10 […]
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Custodia Bank and Vantage Bank Launch Avit Stablecoin, Revolutionizing Traditional Banking with Blockchain Custodia Bank and Vantage Bank have made history by being the first in the U.S. to tokenize U.S. dollar demand deposits on a public blockchain through the launch of the Avit stablecoin on the Ethereum mainnet. This groundbreaking move, fully compliant with […]
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Trump’s Push to Modernize Treasury Payments: A Balancing Act of Centralization and Digitalization President Donald Trump has signed executive orders to revolutionize the U.S. Treasury’s payment systems, aiming for a future dominated by electronic transactions while consolidating processing under the Treasury’s control. Yet, this move towards efficiency and fraud reduction has ignited a firestorm of […]
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Brazil Upholds Ban on Cryptocurrency Rewards for World ID Biometric Data Brazil’s National Data Protection Authority (ANDP) has upheld its ban on cryptocurrency rewards for sharing biometric data with the World ID project, igniting a debate on privacy and digital identity. Brazil’s ANDP upholds ban on crypto rewards for World ID on March 25, 2025. […]
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Coinbase Backs Celo’s Leap to Ethereum Layer-2: A Game-Changer in the Making? Is Celo’s move to Ethereum’s Layer-2 the future of blockchain integration? Coinbase has announced its support for Celo’s bold transition from a standalone Layer-1 blockchain to an Ethereum Layer-2 network, set to begin on March 25. This strategic shift aims to harness Ethereum’s […]
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Asia Web3 Alliance Proposes US-Japan Collaboration on Tokenization The Asia Web3 Alliance Japan has submitted a bold proposal to the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force, advocating for a strategic collaboration with Japan to enhance regulatory clarity and interoperability in the tokenization and Web3 sectors. This move aims to bridge the regulatory […]
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Scam Alert: Another 6,260 ETH Lost in GMX-Linked Smart Contracts Another day, another crypto heist. Hackers have exploited vulnerabilities in smart contracts linked to GMX, a decentralized exchange, making off with 6,260 ETH, worth about $13 million. The “Abracadabra Spell cauldron” protocols, part of the decentralized lending platform Abracadabra, were the target, not GMX’s own […]
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Cboe BZX Files 19b-4 for Fidelity’s Solana ETF Amid Growing Crypto ETF Trend Cboe BZX Exchange has taken a significant step towards integrating Solana into traditional investment vehicles by filing a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Fidelity Solana Fund. This move is part […]
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Request Finance Surpasses $1 Billion in Transactions, Secures Funding to Boost Stablecoin and Fiat Integration Can cryptocurrencies become the backbone of global business finance? Request Finance’s recent milestone of surpassing $1 billion in transactions suggests they already are. Processed over $1 billion in transactions Secured strategic funding from Bpifrance and others Acquired Consola Finance and […]
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