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.…
China warns foreign spies about crypto, Singapore dominates Asia: Asia Express
Singapore’s crypto economy grows 55%, South Korea set to make crypto market makers legal, and Chinese spy ministry warns wouldbe foreign spies it’s watching…
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…
50,000 Europeans call on EU to ease stablecoin rewards restrictions in MiCA review
A 50,000letter campaign is pressing Brussels to rethink stablecoin rewards as EU central banks seek broader changes to MiCA’s stablecoin rules.…
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.…
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…
Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs
US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows. Source:Cointelegraph
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
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…