Quick Breakdown Standard Chartered anchors its digital finance strategy in Hong Kong to leverage fintech-friendly regulations. The bank explores blockchain, tokenized deposits, and stablecoins through HKMA sandboxes. CEO Bill Winters emphasizes growth via technology-driven efficiency and enhanced customer service....
Quick Breakdown Cybercriminals and state-backed groups are using large language models to create malware that can rewrite and adapt itself during attacks. These AI-powered malware strains are already being used to target high-value crypto assets through technical exploits and...
Quick Breakdown Former NRL player Trent Merrin is accused of stealing AUD $140,000 in cryptocurrency from another individual. Police seized electronic devices from Merrin’s home as part of ongoing forensic investigations. His arrest aligns with Australia’s broader crackdown on...
Quick Breakdown Stream Finance halts deposits and withdrawals after uncovering a $93M asset loss. Stablecoin XUSD depegs to $0.51, losing half its value amid community panic. The incident exposes transparency and risk issues in recursive DeFi strategies. Stream Finance...
Quick Breakdown Five people convicted for using cryptocurrency in illegal foreign exchange trades worth ¥1.18 billion. Beijing prosecutors highlight case as model for tackling new crypto-related financial crimes. Investigation exposed cross-border USDT transactions used to disguise forex trading. Beijing...
Quick Breakdown GoPlus detected a suspected exploit on x402bridge, leading to $17,000 in USDC losses. The breach originated from a private key leak tied to the project’s backend system. 402bridge has paused operations and reported the incident to law...
Quick Breakdown $8.4M drained: Hackers exploited Bunni’s liquidity function to steal funds in early September. Operations halted: The team confirmed it cannot afford a safe relaunch and is shutting down. Users to be compensated: Remaining assets will be distributed...
Quick Breakdown Radiant Capital hacker laundered $10.8M ETH through Tornado Cash, a year after the $53M exploit. The attacker’s total portfolio now stands at nearly $94M, boosted by strategic trades. Investigators suspect North Korean ties, complicating global recovery efforts....
Quick Breakdown Major crypto wallets — MetaMask, Phantom, WalletConnect, and Backpack partner with SEAL to combat phishing attacks. The network acts as a “decentralized immune system,” sharing verified phishing reports in real time. The initiative aims to reduce crypto...
Quick Breakdown Australia to expand AUSTRAC’s powers to regulate crypto ATMs amid growing scam concerns. Over 2,000 machines now make Australia the third-largest crypto ATM market globally. New transaction limits and stricter compliance rules aim to curb fraud and...
