ECB Official Calls for On-Chain Euro Reserves to Anchor Tokenized Markets
Isabel Schnabel urges bringing central bank money onto blockchain rails, positioning stablecoins as complements while advancing settlement projects set to launch soon
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Rain Smart Contract Flaw Drains $1.1 Million from Crypto Card Balances
Outdated Solana contracts from payments provider Rain allowed unauthorized withdrawals totaling about $1.1 million from neobank card balances, with full refunds pledged to affected users
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Sberbank Prepares Crypto-Backed Corporate Loans as Russia’s New Rules Near
Russia’s largest bank plans to accept Bitcoin, Ethereum and USDT as collateral for corporate lending once regulations take effect on September 1
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Ripple Appoints LME Treasury Executive to Drive Institutional Trading and Tokenization
Joseph Thompson, former head of treasury at the London Metal Exchange, joins Ripple’s Trading and Markets team as the firm expands into corporate finance and real-world asset tokenization
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AVICI Token Plunges as Solana Neobank Faces Card Withdrawal Drain
Avici investigates reported loss of user funds estimated between $600,000 and more than $1 million after unusual activity on its Solana programs
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Virtu, Tradeweb Complete First Onchain Repo Using Marshall Islands Digital Bond
Virtu Financial, M1X Global and Tradeweb settled a full repurchase cycle on the Canton Network in under 10 minutes using the USDM1 sovereign digital bond as collateral
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Moonwell Restricts Borrowing on Base After $8.7 Million MAMO Price Manipulation
An attacker inflated the value of the illiquid MAMO token to borrow real assets from the lending protocol’s markets, prompting emergency caps on new loans
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YZi Labs Invests in TermMax to Build Fixed-Rate On-Chain Bond Infrastructure
TermMax, a fixed-rate lending protocol, secures strategic funding from YZi Labs as it expands markets for tokenized equities and develops physical delivery options
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Chainlink Data Feeds Enable Coinbase Tokenized Stocks as DeFi Collateral on Base
Chainlink pricing infrastructure now supports Coinbase tokenized U.S. equities as collateral for lending protocols on the Base blockchain, expanding their onchain utility beyond trading
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Coinbase and Better Expand Bitcoin-Collateral Mortgages Nationwide
Partnership opens token-backed home loans to more U.S. borrowers, pairing conventional mortgages with crypto collateral and closing-cost credits for eligible members
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