BNY Mellon’s European subsidiary joined the MiCA register as ESMA added 15 CASPs, including banks and crypto platforms, in the third post-deadline update. European authorities added 15 crypto companies including a BNY Mellon unit to the Markets in Crypto-Assets (MiCA) framework register in the third update of regulated providers since the July 1 transitional deadline. …
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Brazilian police suspect the group of shipping around 6.5 metric tons of cocaine and laundering billions in Brazilian reals through crypto-enabled illicit money brokers. The Brazilian Federal Police last week busted an alleged international drug cartel thought to have trafficked around 6.5 metric tons of cocaine and laundered billions of reais in proceeds via methods …
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The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves. Stablecoin payments firm Triple-A confirmed that unauthorized access to its treasury wallets resulted in the loss of company-owned digital assets. On Monday, the Singapore-based company said it detected the unauthorized access on Saturday and …
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Coinbase CEO Brian Armstrong says AI agents will expand crypto adoption, pointing to Base, USDC and x402 as key pieces of agentic finance. Coinbase CEO Brian Armstrong is pushing back against calls for crypto to pivot to artificial intelligence, arguing AI agents will instead stoke demand for crypto-based financial services. Armstrong took to X on …
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Serviceaide has agreed to a $1.8 million class action settlement to resolve claims stemming from a 2024 data breach that allegedly exposed patients’ sensitive personal information. The settlement covers individuals whose information was compromised during a cybersecurity incident that occurred between Sept. 19th and Nov. 5th, 2024. Serviceaide provides AI-powered digital solutions and works with …
Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s off-chain database and inserted fraudulent swap records.
The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a court-approved ownership mechanism for STORJ holders. Decentralized cloud storage provider Storj Labs has filed for Chapter 11 bankruptcy protection. The company said it plans to keep its network running while restructuring legacy liabilities and exploring an ownership pathway …
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Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big players. Despite wealthy memecoin entrepreneur Donald Trump agreeing to an ethics deal, the Clarity Act (CLARITY) is floundering as the August recess deadline looms. Senate Majority Leader John Thune doesn’t believe …
Continue reading “CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26”
WEMIX suspended bridges, liquidity-pool trading and several services after an attacker compromised a WEMIX$-linked contract and moved 724,198 USDC.e. Layer-1 blockchain network WEMIX said an attacker moved about 724,000 in USDC.e tokens after compromising ownership of a contract linked to its WEMIX$ stablecoin and issuing tokens without authorization. The abnormal transactions occurred on Sunday at …
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Costco has agreed to a $14 million class action settlement to resolve allegations that it sent Washington consumers promotional emails with false or misleading subject lines. The settlement received preliminary approval on June 23rd, 2026. The case covers Washington residents who received a commercial email from Costco, or someone acting on the retailer’s behalf, between …
A Pennsylvania woman has stolen more than $1.1 million from four different employers while holding executive financial roles at each one. Clairton resident and 58-year-old Tracey Smith has pleaded guilty to four counts of bank fraud after stealing money from four employers while serving in an executive position, reports TribLIVE. In a 2020 lawsuit, Smith …
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Real-world assets (RWA) now generate more trading volume than cryptocurrencies on the leading decentralized derivatives platform Hyperliquid (HYPE). This development saw RWAs represent 54% of total trading volume last week on Hyperliquid, says ARK Invest research director Lorenzo Valente. According to Valente, it is the first time that RWAs have outpaced crypto in trading volume …
For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-style certifications of events contracts. For the second time this year, the US Commodity Futures Trading Commission (CFTC) issued a warning to prediction markets operators to follow the rules when creating contract certifications that operators consider cover a broad …
Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while allowing crypto assets to be used in foreign trade operations. Sberbank, Russia’s biggest bank, plans to build cryptocurrency trading infrastructure including a digital depository no later than Dec. 1 as the …
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Dormant BTC activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking. Dormant Bitcoin movement in the second quarter fell to its lowest level since the third quarter of 2022, according to data shared by Alex Thorn, Galaxy’s head of firmwide research. Coin days destroyed, a metric …
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