A Bank of Italy study found that stablecoin-based remittances did not offer a systematic cost or speed advantage over traditional payment channels, as fiat on- and off-ramp frictions accounted for most costs and transfer delays.Researchers tested 200 USDC...
Canadian Bitcoin hardware maker Coinkite has warned users of its Coldcard Mk3 signing device to move funds from wallets whose seed phrases were generated on affected firmware. On Thursday, Coinkite said seeds created on an Mk3 running firmware version...
Pascal Caversaccio joins the Ethereum Foundation’s four-member board as the organization elevates privacy and security in its protocol strategy.
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The Hong Kong Monetary Authority (HKMA) has launched a framework to assess banks’ preparedness for quantum-computing threats as the city expands its use of tokenized deposits, digital assets and blockchain settlement. On Monday, the HKMA introduced a white paper...
Garden Finance said an independent solver’s off-chain database was compromised in an incident that prompted the cross-chain bridge and atomic swap protocol to temporarily take its app offline.On Sunday, Blockaid said an attacker drained about $450,000 in USDT...
Cryptocurrency exchange Binance runs simulated phishing attacks against its own employees and can fire staff who repeatedly fail the tests, according to Binance chief security officer Jimmy Su.The fake attacks are conducted by Binance’s red team, an internal...
The exchange, already sanctioned by the UK, is now on a list of 18 entities “providing crypto-assets services or payment services“ in defiance of the EU’s measures against Russia.
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The US Securities and Exchange Commission agreed to pay $150,000 in legal fees to settle a Coinbase lawsuit seeking internal records from the agency at the height of the Biden-era SEC crackdown on crypto. The agreement, filed on Wednesday,...
