Day: 9 April 2025

China’s Central Bank Urges State Lenders to Cut Dollar Purchases Amid Currency Strategy Shift

China’s central bank, the People’s Bank of China (PBOC), has reportedly instructed state-owned lenders to reduce dollar purchases in the foreign exchange market. This move signals Beijing’s growing efforts to stabilize the yuan and counterbalance the economic pressures of a strong U.S. dollar. Sources familiar with the matter revealed that ...

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ZKcandy Mainnet Launch Ushers in New Era of AI-Driven Gaming and Entertainment on Layer-2

ZKcandy aims to revolutionize Web3 game development by creating immersive gaming ecosystems where users have true ownership of their digital assets. The platform leverages AI to animate non-player characters (NPCs), develop dynamic storylines, and deliver personalized experiences. With a focus on mobile-first Web3 games, ZKcandy is positioning itself to tap ...

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Hex Trust Partners with IDA to Provide Institutional-Grade Custody for Stablecoin Products

Hong Kong-based digital asset custodian Hex Trust has teamed up with fintech company IDA to deliver institutional-grade custody services for IDA's stablecoin products. This partnership aims to enhance cross-border commerce and digital payments, ensuring secure and compliant custody solutions for IDA's stablecoin operations. Hex Trust, known for its multi-jurisdictional licenses ...

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SourceForge Compromised by Hackers, Used to Distribute Crypto Miners via Microsoft Office Packages

SourceForge, a popular open-source software development platform, distributes malicious cryptocurrency mining tools disguised as Microsoft Office packages. This campaign, uncovered by researchers at Kaspersky, targets users by creating fake project pages that mimic legitimate software downloads, ultimately leading to the installation of crypto miners and clipboard hijackers. The attackers set ...

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