Echo Protocol has paused bridge activity after an attacker minted roughly 1,000 unauthorized eBTC on its Monad deployment, creating about $76.7 million in fake synthetic Bitcoin exposure while extracting only a fraction of that value so far. About 1,000 unauthorized eBTC were minted Roughly $76.7 million in synthetic Bitcoin exposure was created The likely cause […]
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Japan’s Financial Services Agency is carving out a qualified path for foreign trust-type stablecoins under new payment rules, a move that could widen access to regulated stablecoin use without turning the market into a compliance-free junk drawer. Japan’s FSA is opening a qualified path for foreign trust-type stablecoins The change sits under new payment rules […]
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ECHO token plunged after Echo Protocol suffered an admin key compromise that let an attacker mint about $76.7 million in unauthorized eBTC, a Bitcoin-linked synthetic asset that was then pushed through DeFi borrowing and bridging flows. Admin key compromise triggered the exploit ~1,000 eBTC minted without collateral ECHO fell over 11% after the breach became […]
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South Korea’s biggest banking group has completed a won-pegged stablecoin pilot that actually did something useful — while the country’s regulators are still stuck in a turf war over who gets to control the rails. KB Financial Group finished a won-denominated stablecoin trial Payments, merchant settlement, and remittances were tested on blockchain infrastructure QR payments […]
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Wall Street’s blockchain pivot just got regulatory rocket fuel, and the SEC’s expected move could push tokenized stocks from niche experiment toward actual market plumbing. SEC innovation exemption could loosen the path for tokenized stocks Nasdaq, NYSE, and DTCC are already building the rails 24/7 trading and faster settlement are the big selling points Infrastructure […]
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An Ohio investment manager has been sentenced to nine years in federal prison for running a Bitcoin trading Ponzi scheme that prosecutors say pulled in more than $10 million from investors sold the oldest lie in finance: guaranteed returns with no real risk. 9 years in federal prison More than $10 million raised “Guaranteed” Bitcoin […]
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Bitcoin whales are still adding to their stacks even as BTC price action remains ugly, and that split between patient capital and panicked traders says a lot about who’s actually thinking long term. 20,229 wallets now hold at least 100 BTC, up 11.2% in a year Bitcoin fell 27.2% over the same period, from $105,574 […]
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The SEC may be getting ready to loosen the reins on tokenized stocks, and if that happens, Wall Street’s blockchain obsession is about to get a lot more serious. SEC “innovation exemption” could open the door to tokenized stock trading DTCC, Nasdaq, and ICE are already building blockchain-based market rails Faster settlement, lower costs, 24/7 […]
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Coinbase says its blockchain forensics team helped UK police secure five convictions in a violent London crypto kidnapping case, tracing stolen funds in real time and linking wallet activity to suspects. It’s a blunt reminder that blockchain transparency can be a law enforcement weapon — and that crypto wealth can attract criminals who care far […]
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SEC Prepares to Allow Trading Tokenized Stocks on Crypto Platforms The SEC is reportedly moving toward allowing tokenized stocks to trade on crypto platforms, a move that could pull traditional equities onto blockchain rails and give regulated crypto venues a use case that’s a lot more serious than memes, leverage, and other forms of financial […]
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