NEAR Intents Recovers $3.8 Million Stolen in Security Breach Following Ultimatum

NEAR Intents, a decentralized finance (DeFi) protocol operating on the NEAR blockchain, announced on Friday the complete recovery of approximately $3.8 million in user funds that were stolen during a…

Community Bankers Sue US Regulator Over Crypto Bank Charters

The Independent Community Bankers of America (ICBA) has initiated legal action against a key U.S. bank regulator, alleging that the agency has overstepped its Congressionally granted authority by permitting cryptocurrency…

Anchorage Digital Implements Significant Workforce Reductions Amidst Prolonged Crypto Market Downturn

Anchorage Digital, a federally chartered U.S. digital asset bank that achieved a valuation of $4.2 billion earlier this year, has reportedly undergone substantial workforce reductions, cutting approximately 17% of its…

European Crypto Users Gravitate Towards Regulated Platforms Post-MiCA Implementation, Bitpanda Co-CEO Reports

The European Union’s landmark Markets in Crypto-Assets (MiCA) framework has significantly influenced user behavior, with crypto investors increasingly favoring regulated platforms, according to Christian Trummer, co-chief executive officer of Austria-based…

The Tokenization Revolution: Nearly Three-Quarters of UK Financial Institutions Anticipate a Major Reshaping of Financial Services

Nearly three-quarters of major UK financial institutions expect tokenization to fundamentally reshape the financial services landscape, as banks and asset managers accelerate their exploration of blockchain-based infrastructure for critical functions…

BNB Chain Dominates Tokenized Stock and ETF Market, Surpassing $1 Billion Milestone

BNB Chain has emerged as the undisputed leader in the burgeoning market for tokenized stocks and exchange-traded funds (ETFs), becoming the first blockchain network to surpass the significant $1 billion…

Here’s what happened in crypto today

The global regulatory landscape for digital assets is undergoing significant shifts, with key developments in the United States and Europe signaling a more defined and potentially more accessible, yet also…

China Accuses Cryptocurrencies of Aiding Espionage as Regional Markets Diverge

China’s Ministry of State Security (MSS) has intensified its public discourse regarding the perceived risks associated with cryptocurrencies, labeling them as “accomplices” in espionage activities and asserting that their transactional…

Illinois Digital Asset Tax Implementation Postponed Six Months Following Industry Lawsuit

In a significant development for the burgeoning digital asset industry within Illinois, state officials have agreed to a six-month delay in the implementation of a controversial 0.2% tax on digital…

Scammers Steal $2 Million in Ether from Fake GIWA Bridge as DYORSWAP Compensates Users

In a sophisticated cryptocurrency scam that has defrauded users of approximately $2 million in Ether (ETH), decentralized exchange (DEX) DYORSWAP has reported paying out over 200 ETH in compensation to…