The attacker moved $744,000 in ETH and BNB to Tornado Cash after exploiting Cysic’s bridge to mint 10 million tokens on BNB Smart Chain. The wallet linked to the Cysic bridge exploit sent about $744,000 in cryptocurrencies to Tornado Cash on Friday after the Cysic Foundation offered the attacker a 10% recovery bounty. The address...Continue Reading

Bybit’s new VARA licence authorizes spot trading services in Dubai, but the exchange must complete additional regulatory requirements before launching. Crypto exchange Bybit has secured a full Dubai license for spot trading following its earlier in-principle approval. Bybit said Thursday that its Dubai entity, Bybit Fintech FZE, received a virtual asset service provider (VASP) license...Continue Reading

HSBC is rolling out RedCoin wallets to PayMe users, with plans to support tokenized investment subscriptions and expand into institutional uses. HSBC has launched its first Hong Kong-dollar stablecoin, RedCoin (RCHKD), for transfers and merchant payments through its PayMe app. More than 3.3 million PayMe users will be able to activate stablecoin wallets in the...Continue Reading

Thursday’s withdrawals ended a three-day inflow streak and left US spot Bitcoin ETFs with $175 million in net outflows for October. US spot Bitcoin exchange-traded funds (ETFs) recorded $635 million in net outflows on Thursday, pushing October’s flows back into the red. The withdrawals more than erased Wednesday’s $528 million in inflows and brought October’s...Continue Reading

BLOOM seeks to cut costs by helping financial institutions coordinate cross-border use of stablecoins and tokenized deposits. Bank Negara Malaysia and the Bank of Thailand joined Singapore’s BLOOM initiative on Friday as policymaker members. BLOOM, short for Borderless, Liquid, Open, Online, Multi-currency, is a public-private initiative that intends to help financial institutions use stablecoins and...Continue Reading

ChainSecurity said it identified 13 real-world examples of smart contracts potentially affected by Glamsterdam’s gas changes and is coordinating responsible disclosure with affected projects. Ethereum developers have postponed the Glamsterdam hard fork on the Hoodi testnet after researchers identified gas-related security risks that could affect how existing smart contracts handle failed transactions. The Ethereum Foundation...Continue Reading

Bitcoin Core says keeping certain vulnerabilities secret no longer offers much protection in the wake of AI-assisted bug hunting. Bitcoin Core is changing how it handles security vulnerabilities, explaining that large language models have made certain software flaws significantly easier to discover.  In an email to the Bitcoin Development Mailing List on Thursday, Bitcoin Core...Continue Reading

BIT Asset Management’s Bitcoin Fund ETF is expected to begin trading on SIX Swiss Exchange in November, with its public offering restricted to Switzerland. Switzerland’s financial regulator FINMA has approved the first Swiss-law exchange-traded fund allowing retail investors to gain direct exposure to Bitcoin. On Thursday, BIT Asset Management said its Bitcoin Fund ETF (BBIT)...Continue Reading

Hegseth warned that prediction market wagers could expose military operations to adversaries. US Defense Secretary Pete Hegseth has barred all Pentagon staff from using undisclosed information to place wagers on upcoming military action, including on prediction market platforms like Kalshi and Polymarket.  In a memo sent to senior Pentagon and defense agencies on Tuesday, Hegseth...Continue Reading

DeepSeek banned from US federal civilian agencies over spying fears. Singapore firm behind Europe’s first spot Bitcoin ETF, as Switzerland partners with Vietnam on crypto tech. The US Treasury has proposed new rules that would block investment in artificial intelligence projects (sorry, ‘Super Intelligence’ projects) and certain high risk semiconductors in some foreign countries. The...Continue Reading