The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases. The Depository Trust and Clearing Corporation (DTCC) has a sandbox. The DTCC Digital Launchpad will be an open ecosystem where market participants and technology providers can launch pilots that will have a clear...Continue Reading
Approximately $58 million has been lost from a cybersecurity breach at the lending protocol, one expert said. Radiant Capital halted its lending markets after the cross-chain lending protocol suffered a more than $50 million cybersecurity breach on BNB Chain and Arbitrum, according to Radiant and two cybersecurity experts. “Radiant Capital contracts were exploited on BSC...Continue Reading
Becoming a ghost in the machine could have financial benefits, but for who? The savviest traders in the world could one day allow their expertise and financial portfolios to live on long after they’ve died through the magic of artificial intelligence. At least that’s the premise increasingly being pitched by AI enthusiasts and futurists such...Continue Reading
According to US prosecutors, Juan Tacuri, and his co-conspirators, defrauded investors of $8.4 million in an apparent Ponzi Scheme. The United States Department of Justice announced that Juan Tacuri — a senior promoter of the Forcount Ponzi scheme, which was later rebranded to Weltsys — was sentenced to 20 years in prison on Oct. 15....Continue Reading
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