Bobby Okposin

Bobby Okposin

Monad X Account Restored as Foundation Eyes Institutional Scaling

Monad X Account Restored as Foundation Eyes Institutional Scaling

The Monad Foundation has regained access to its official X account after an unexpected suspension that caused brief concern in the decentralized finance community. Co-founder Keone Hon confirmed the recovery and thanked the ecosystem for its support, stating,...

ZetaChain Pauses Cross-Chain Activity Following GatewayZEVM Exploit

ZetaChain Pauses Cross-Chain Activity Following GatewayZEVM Exploit

ZetaChain, an interoperability protocol, has temporarily suspended its cross-chain operations following a targeted exploit of its GatewayZEVM contract. The incident, which occurred on Tuesday, primarily affected internal team wallets with losses estimated at $300,000. On-chain security firm SlowMist...

BIS Demands Stricter Rules for Crypto Intermediaries

BIS Demands Stricter Rules for Crypto Intermediaries

The Bank for International Settlements (BIS) has called for a radical shift in how global regulators oversee cryptoasset service providers (CASPs), urging the application of bank-like prudential tools to reduce growing financial stability risks. In a comprehensive report...

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