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The Central Bank of Brazil is advancing the implementation of a crypto threat system for banks and national crypto exchanges. The system, already developed, would help institutions identify, process, respond to, and mitigate cyberattacks using cryptocurrency as an exit rail. Central Bank of Brazil to Implement Crypto Threat System As crypto rises in popularity in…Read More

OneKey said it reproduced an exploit against an older version of the Ledger app in its lab environment, which Ledger fixed in its Ethereum app 1.22.2, with no user funds lost.The in-house security team at open-source wallet provider OneKey said it successfully reproduced an exploit targeting an outdated version of Ledger’s on-device Ethereum application in…Read More

Visa and Dunamu will explore stablecoin payments and remittances, with Open Standard’s proposed OUSD among several projects under review.Visa and Dunamu, the parent company of South Korean cryptocurrency exchange Upbit, have formed a strategic partnership to explore stablecoin payments, cross-border remittances and artificial intelligence-powered commerce.The companies will combine Dunamu’s digital asset technology with Visa’s global…Read More

Bitcoin has stalled around $80,000 for much of this week, and Arthur Hayes believes that pause alone is enough to break Strategy’s decade-old bitcoin playbook. The BitMEX co-founder argues Michael Saylor is now boxed into three uncomfortable choices, and none of them are free. The Premium Problem For years, Strategy Inc. (Nasdaq: MSTR) traded like…Read More

From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin’s hashrate slide nearly a percentage point, along with roughly 55 exahash per second (EH/s) of computational power. At the same time, other nation-states that dominate mining, like China and Russia, captured more of…Read More

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.Today in crypto, Sheikh Tahnoon’s group reportedly backs a 49% stake in the holding company behind World Liberty’s conditionally approved US trust bank. Grayscale argued that Zcash could challenge…Read More

Eligible holders on Base and BNB Chain will receive Ethereum-based SAND from the project’s treasury, with claims expected to open within two weeks.Blockchain gaming platform The Sandbox has pledged to repay eligible SAND holders 1:1 after an Aug. 21 bridge exploit drained 14.744 SAND, worth about $700,000, from an Ethereum vault. On Thursday, the company published…Read More

California is sitting on $15.485 billion in unclaimed property, spanning more than 84 million individual properties that the State Controller’s Office says are waiting to be returned to nearly 39 million Californians. Texas is holding about $10.5 billion and Ohio about $4.8 billion, and estimates suggest 1 in 10 Americans has missing money from sources…Read More

Research from the Federal Reserve Bank of Dallas warns that the rapid adoption of tokenized deposits and instant 24/7 blockchain transfers could destabilize bank liquidity and shrink long-term lending capacity. Threats to Long-Term Lending Capacity The rapid adoption of deposit tokenization and instant settlement technologies could fundamentally alter the traditional banking model, potentially curbing banks’…Read More

Sheikh Tahnoon’s group reportedly backs a 49% stake in the holding company behind World Liberty’s conditionally approved US trust bank.An Abu Dhabi royal and his co-investors reportedly back the largest stake in the holding company behind World Liberty Financial’s proposed US trust bank. Citing people familiar with the matter, the Wall Street Journal reported that Sheikh…Read More