In a groundbreaking move for the UK financial sector, Lloyds Banking Group and Aberdeen Investments have executed the country’s first foreign exchange trades collateralized with tokenized real-world assets, leveraging blockchain technology in a pilot with UK-regulated crypto exchange...
In a groundbreaking move, the Czech National Bank (CNB) has officially entered the crypto investment space by purchasing over 51,000 shares of Coinbase Global. The central bank’s stake, which marks its first-ever investment in a crypto-related company, is...
Pump.fun is gearing up to launch its official token, PUMP, through an initial coin offering (ICO) slated for Saturday, July 12. The platform confirmed the upcoming sale on July 9 via its X account, revealing that 15% of...
In a strategic move to solidify its payments infrastructure, the Monad Foundation has acquired Portal Labs, a stablecoin wallet infrastructure startup, ahead of its upcoming mainnet debut. Announced on July 9, the deal will see Portal become a...
Tron founder Justin Sun is doubling down on his support for Donald Trump-themed crypto tokens, announcing plans to purchase an additional $100 million worth of the Official Trump (TRUMP) memecoin through his affiliated ventures. The announcement came on...
In a stark reminder of DeFi’s persistent security gaps, on-chain perpetual and spot trading platform GMX has fallen victim to a major exploit draining over $40 million from its V1 GLP pool. The attack, confirmed by GMX on...
Leading crypto exchange-traded product (ETP) issuer 21Shares has urged the UK Financial Conduct Authority (FCA) to adopt a more globally aligned and inclusive approach as it considers lifting its ban on crypto exchange-traded notes (cETNs) for retail investors....
The federal judge overseeing the criminal trial of Tornado Cash co-founder Roman Storm is leaning towards barring any mention of the 2022 US sanctions against the crypto mixing platform in court. During a hearing on Tuesday, Judge Katherine...
Solana-based trading platform GMGN has announced a compensation program for users who fall victim to sandwich attacks despite its newly launched MEV protection feature. The update was revealed by GMGN co-founder Haze in a recent post addressing the...
New Zealand is set to ban cryptocurrency ATMs and limit international cash transfers to $5,000 under sweeping new anti-money laundering (AML) reforms aimed at choking off criminal cash flows. Associate Justice Minister Nicole McKee announced the proposed changes...
