NEAR Intents says its identified the hacker, gives 48-hour ultimatum
“We have identified you, sir,” NEAR Intents general manager Alex Shevchenko said on Friday after the protocol was hacked for $3.8 million. Source:Cointelegraph
SEC moves to clear custody hurdle for advisers offering crypto
Custody requirements have kept some investment advisers from offering certain crypto to clients, a regulatory hurdle the SEC’s proposal could remove.…
Evernorth clears shareholder vote ahead of Nasdaq debut with 473M XRP treasury
Evernorth expects to begin trading on Nasdaq under the ticker XRPN after its SPAC merger closes, with an XRP treasury worth roughly $710 million at current…
Trump to host 3rd ‘exclusive’ memecoin event amid corruption claims
The president is scheduled to appear at his golf club in Washington, DC, at a Nov. 22 dinner for his top 185 memecoin holders, following similar events in May…
Illinois will postpone implementation of crypto tax following lawsuit
State officials agreed to delay the 0.2% crypto tax for six months after lawsuits and industry pushback claimed the bill was rushed through the legislature.…
SEC Proposal Would Address How Investment Advisers and Funds Can Custody Crypto Assets Under the Federal Securities Laws
The Securities and Exchange Commission today proposed new rules and amendments to provide a tailored framework for the custody of crypto assets for registered…
New York, Wyoming regulators sign pact to coordinate crypto oversight
The agreement will allow the two state regulators to share supervisory information, streamline licensing reviews and coordinate examinations and enforcement…
NEAR Intents suffers $3.8M exploit after assistance with Bitget breach
The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals. Source:Cointelegraph
SEC’s Division of Examinations Announces New Exam Handbook
The Securities and Exchange Commission’s Division of Examinations today published its new handbook, “The SEC Exam Handbook: A Practical Guide on Process and…
Bitget’s $388M hack pushes Q3 crypto security losses past $1B
Crypto security losses reached $1.26 billion in Q3 across 247 incidents, with September alone accounting for roughly $769 million. Source:Cointelegraph
LATAM stablecoin liquidity may depend on few providers, investor says
Researchers in a Latin American stablecoin ecosystem report warned “fragility in the system is concentrated in its thinnest layer,” with just 16 of 494…
Tokenized assets don’t always mirror traditional markets, Dune finds
Dune found that tokenized markets show different trading patterns from traditional markets, with RWA value reaching $34.5 billion. Source:Cointelegraph