Crypto.com Wins UAE License For Government Crypto Payments
Show AI Summary Crypto.com receives a full Stored Value Facilities license from the UAE Central Bank, enabling crypto payments for government services. The SVF license allows for settlement in UAE…
Michael J Saylor: If We Sell 1 Bitcoin, We’d Buy 10 to 20 More BTC
Key Highlights Michael Saylor said any Bitcoin sale by Strategy would support buying even more BTC, not reducing long-term holdings. Strategy defended its dividend model, saying selective Bitcoin sales can…
Singapore Launches Cyber Command to Fight Rising Crypto and Digital Scams
Show AI Summary Singapore is bolstering its cybersecurity defenses with a new Cyber Command unit to combat sophisticated digital threats. The initiative aims to centralize and strengthen the country’s response…
Crypto Trader Drained of $200K in Telegram Bot Linked Crypto Hack
Show AI Summary Attackers compromised private keys to drain over $200,000 across three chains Two wallets were emptied in a manual 10-30 minute operation using direct signing control The incident…
LayerZero Fallout Pushes $2B Crypto Protocols to Chainlink
Show AI Summary Security failures prompt protocols to migrate away from LayerZero amid $2 billion in crypto assets at risk LayerZero’s system design flaws and overreliance on single verifiers contributed…
UXLINK And Origins Network Partner To Power Scalable AI-Driven Web3 Applications Using Decentralized Computing
In a groundbreaking move to accelerate scalable Web3 solutions powered by artificial intelligence, UXLINK, a Web3 social protocol, today entered into a strategic collaboration with Origins Network, a modular public…
Weekly Tokenization Roundup: Bullish Buys Equiniti for $4.2B, Ondo Settles With JPMorgan, RWA Crosses $20B
This was the kind of week that does not come along often. Three separate developments landed between May 5 and May 10 that, taken together, suggest tokenized securities are moving…
LayerZero Says “We Own That” After $292M Kelp DAO Hack, Admits Security Mistake
Show AI Summary LayerZero’s team takes responsibility for the $292 million Kelp DAO exploit, admitting its Decentralized Verifier Network was insufficient Kelp DAO’s configuration choices were initially blamed, but LayerZero…
What Does Bitcoin Become in a World Questioning the Dollar?
Show AI Summary Bitcoin’s decentralized architecture challenges traditional finance’s reliance on central authority Its existence outside conventional frameworks sparked questions about programmed scarcity and money creation Institutional adoption has forced…
CLARITY Act Could Bring Crypto Trading Back Onshore, Says Bill Hughes
Show AI Summary The CLARITY Act may reverse crypto trading migration to offshore exchanges by creating a clearer US regulatory framework. US lawmakers are debating federal rules for crypto markets,…