Humo Digital will test HUMO payments with more than 20 merchants under a sandbox jointly overseen by NAPP and Uzbekistan’s central bank. Uzbekistan has launched a pilot to test payments with a som-pegged stablecoin backed by government securities.  On Monday, the National Agency for Prospective Projects (NAPP) said it had registered Humo Digital as a...Continue Reading

Unrealized gains by whale speculators hit their highest levels on record last week, per data going back to 2016. Bitcoin (BTC) whales have more reason to sell than at any time in Bitcoin’s recent history as their unrealized profits hit records. Key points: Read moreContinue Reading

Growing demand for tokenized stock trading may drive the Robinhood chain’s annual fees to $160 million by 2028, predicted analysts from Bernstein. Trading platform Robinhood’s blockchain network is expected to generate as much as $160 million in annual fees by 2028, Bernstein analysts forecast in a Tuesday report shared with Cointelegraph. The analysts cited growing...Continue Reading

Ledger and Trezor said researchers have a responsibility to publish their findings if vendors fail to fix bugs within an agreed disclosure window. Hardware wallet makers Ledger and Trezor called for more responsible disclosure of security vulnerabilities. In a Monday post on X, Ledger chief technology officer Charles Guillemet said artificial intelligence has made bugs...Continue Reading

Cronos’s post-mortem put the Tectonic exploit’s affected borrowing at $120.4 million, with 7.6% transferred off-network before validators intervened. Layer-1 blockchain Cronos said $9.19 million left its blockchain before validators halted the network during the Tectonic exploit, providing an official accounting of funds that were not reversed by its rollback.  In Tuesday’s post-mortem report, Cronos said...Continue Reading

Financial market operator SIX and payment app TWINT have joined numerous banks in the sandbox seeking to develop a Swiss franc-based stablecoin. Nine Swiss companies have begun sandbox tests of CHFD, a Swiss franc stablecoin, for programmable payments and digital asset settlement. The pilot will examine whether programmable payments can reduce fraud on online marketplaces,...Continue Reading

AUSTRAC said its yearlong sweep included canceled, suspended and unrenewed registrations, while its action against GetCoins helped disrupt organized investment scams. Australia’s financial intelligence regulator said it canceled, suspended or refused to renew 45 crypto and remittance registrations over the past year as it intensified scrutiny of high-risk payment businesses.  On Monday, the Australian Transaction...Continue Reading

The actors returned 85% of the Bitcoin withdrawn from Liquid’s federation wallet following the security incident. Purported white-hat hackers returned 3,400 Bitcoin worth about $270 million to the Liquid Federation wallet after withdrawing roughly $320 million from the Bitcoin sidechain’s reserves.  On Monday, JAN3 CEO and former Blockstream executive Samson Mow said the return followed...Continue Reading