As traditional finance warms to blockchain, a new report by Ripple highlights growing bank investments in digital assets. From early-stage funding to quantum-secure tokenization, global banks are reshaping their role in the evolving financial landscape. The shift signals blockchain’s transition from experimental tech to strategic infrastructure. Banks Are Going Beyond Pilots and Proofs Between 2020…
The White House is reportedly preparing an executive order that would penalize banks for dropping customers over political or ideological reasons, in a move aimed at curbing what conservatives and crypto firms have long called financial discrimination. A draft of the order, viewed by The Wall Street Journal, instructs bank regulators to investigate whether financial…
DeFi lending protocol CrediX suffered a $4.5 million exploit after attackers gained administrative control of the project’s multisig wallet and abused bridge privileges to mint unbacked collateral tokens. The breach occurred six days before detection when the compromised admin account was granted multiple high-level roles, including pool admin, bridge controller, and emergency admin permissions. Source:…
Key Takeaways: Ant Group’s move with Topnod indicates blockchain’s expansion into cultural and creative industries in China. The initiative could test demand for low‑priced blockchain‑verified collectibles in mainstream consumer markets. Integration with Alibaba’s broader ecosystem may accelerate adoption across commerce and digital services. Ant Group’s digital asset platform Topnod has launched its “Online Digital Art…
Crypto exchange Bullish, backed by billionaire investor Peter Thiel, filed for an initial public offering (IPO) in the United States on Monday. According to its preliminary prospectus, the company plans to offer 20.3 million ordinary shares at a proposed price range of $28.00 to $31.00 per share. Based on that pricing, the offering could raise…
As digital transactions continue to rise across Europe, the European Central Bank (ECB) is doubling down on its commitment to preserve physical cash. In a blog post titled “Making euro cash fit for the future,” ECB Executive Board Member Piero Cipollone outlines why cash remains indispensable—and how the ECB plans to ensure it stays that…
The UK’s Advertising Standards Authority has banned a Coinbase TV advertisement, signalling a tougher regulatory climate and pushing crypto brands to rethink their messaging. The TV commercial starts with a leaking ceiling, which later breaks, indicating how Great Britain clings to the old traditional financial system. “Everything is just fine, everything is grand,” it says,…
Justin Sun, founder of the Tron blockchain network, successfully returned from Blue Origin’s NS-34 mission on Saturday. Five other crew members joined the crypto entrepreneur on the commercial spaceflight. Sun had won his seat through a $28 million bid placed in 2021. Earth Perspective Inspires Reflection on Planetary Protection The ten-minute journey took the crew…
South Korean banks are rushing to prepare crypto and stablecoin-related business plans, with some of the country’s biggest lenders finally set to enter the crypto fray. The South Korean newspaper Maeil Kyungjae reported that banks are creating dedicated organizations and preparing for the rollout of legislation that will let them issue and operate stablecoins. The…
The GENIUS Act is the first major piece of crypto legislation to be passed by the United States Congress. The bill sets forth regulatory requirements for stablecoins and issuers in the US, finally allowing institutions and big banks to take advantage of these digital assets. Yet the GENIUS Act extends beyond benefiting large financial corporations….