JuicyTalkSony Bank Secures Preliminary Approval for US Stablecoin Business
Sony Bank, a subsidiary of Sony Financial Group, said it’s received preliminary approval to establish a new US national trust bank subsidiary that will issue US dollar-denominated stablecoins. The new…
Hyperliquid Leads Push for Onchain Perps Beyond Crypto: Pantera
Perpetual futures are on track to become one of the dominant trading instruments in global finance, with decentralized exchange Hyperliquid demonstrating how blockchain-based infrastructure could challenge traditional markets, according to…
SWIFT Launches Blockchain, Announces Tokenized Deposit Pilot with 17 Banks
The world’s largest financial messaging network, SWIFT, said its blockchain-based ledger is ready for initial use after nine months of development. Seventeen major banks, including HSBC, Citi, BNP Paribas, UBS,…
Crypto Protocols Must Reaudit Old Smart Contracts, Experts Warn
Blockchain security experts are urging crypto protocols to reaudit their smart contracts as AI tooling is making it easier for hackers to identify vulnerabilities more quickly than ever before. “Our…
Crypto User Loses $999,999 In Ethereum Phishing Scam
A crypto user lost nearly $1 million on Wednesday after signing a phishing token approval on Ethereum, according to onchain data. It comes as the industry recorded $366 million in…
Senate Leaders Urged to Keep Dev Protections in CLARITY Act
US Democratic Senator Ron Wyden has urged Senate leaders to ensure that crypto developer protections stay in the crypto market structure legislation that lawmakers are looking to pass ahead of…
DeFi Dashboard Zapper to Shut Down After 7 Years
Decentralized finance (DeFi) analytics platform Zapper announced it will shut down next month, becoming the latest crypto platform to fold amid a market downturn. In a post to X on…
Fed Blames AI Demand Boom for Rising US Inflation
Federal Reserve officials were split last month on whether to increase interest rates or keep them steady, with many seeing accelerating demand for artificial intelligence as a driver of inflation,…
Paradigm Raises $1.2B for Fourth Fund in AI Push
Paradigm has raised $1.2 billion for its fourth fund, which will expand the crypto venture capital firm’s investments into artificial intelligence and related technologies. The company said on Wednesday that…
Fed May Buy Equity ETFs To Support US Stocks, Analyst Says
Crypto markets could benefit from increased liquidity if the US central bank steps in to support the $75 trillion equity market in a bear market, as it is “too big…