Author: Admin
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Ripple Wins Final OCC Approval to Establish U.S. National Trust Bank
Ripple has secured final approval from the Office of the Comptroller of the Currency (OCC) to establish Ripple National Trust Bank (RNTB), giving the company a federally supervised institution for managing RLUSD stablecoin reserves and providing digital asset custody services. The October 26 decision completes a regulatory process that began when Ripple applied for a…
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Kraken Parent Payward Plans First CFTC-Regulated Perpetual Markets on Hyperliquid
Kraken parent Payward is moving forward with plans to become the first CFTC-regulated operator of perpetual futures markets on Hyperliquid, combining the decentralized exchange’s blockchain infrastructure with federally supervised trading, clearing and brokerage services. The October 26 development introduces a permissioned version of Hyperliquid’s HIP-3 framework, allowing regulated operators to restrict market access to approved…
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HSBC Launches RedCoin Stablecoin for 3.3 Million PayMe Users in Hong Kong
HSBC has launched its Hong Kong dollar-backed stablecoin, RedCoin, beginning a phased rollout on October 23 that will allow more than 3.3 million PayMe users to make transfers and payments at over 100,000 merchant locations across Hong Kong. The stablecoin, officially known as HSBC RedCoin (RCHKD), is pegged one-to-one to the Hong Kong dollar and…
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Initia Halts Network After $2.7 Million MoveVM Token Minting Exploit
Initia has halted its Layer 1 blockchain and connected rollups after an attacker exploited a previously unknown software vulnerability to mint unauthorized tokens and withdraw approximately $2.7 million in cryptocurrency from cross-chain bridge reserves. The network stopped processing transactions at 15:41:30 UTC on October 23, 2026, leaving users unable to transact across Initia’s interconnected blockchain…
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Kraken Apologizes and Withdraws Intrusive Monero Withdrawal Questions
Kraken has apologized and withdrawn requests for sensitive personal information sent to customers withdrawing Monero (XMR), after co-CEO Arjun Sethi acknowledged that the exchange had improperly questioned users about how they intended to spend their cryptocurrency. The emails asked customers who had purchased XMR with their own money to disclose their employer, source of funds…
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Microsoft, Alphabet Among 22 Companies Blocking OKXICE Tokenized Stocks
Twenty-two major companies, including Microsoft, Alphabet, Goldman Sachs and Wells Fargo, have objected to having their shares tokenized on OKXICE, the planned blockchain trading platform backed by cryptocurrency exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE). Six additional issuers, including Arm Holdings and Intuit, joined the opposition on October 23, bringing the…
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Keystone Data Breach Exposes Customer Addresses and Purchase Details
Hardware wallet manufacturer Keystone has confirmed a customer data breach that exposed names, contact information, shipping addresses and purchase records after an unauthorized third party accessed its website. The company detected suspicious access on October 20, 2026, and confirmed the theft on October 23 after examining Shopify API activity. The compromised records included products purchased…
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X100 Loses $4.85 Million as Flash-Loan Attack Hijacks Governance
Ethereum-based DeFi project X100 lost approximately $4.85 million in USDT on October 24 after attackers used flash loans to seize control of its governance system and execute malicious proposals against the project’s treasury and liquidity reserves. The attackers gained two of three seats in X100’s governing Senate, enabling them to approve and execute transactions without…
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Foundation Passport Users Targeted by Fake Wallet Recall Phishing Emails
Foundation has warned Passport hardware wallet users about phishing emails impersonating the company and falsely claiming a critical supply-chain vulnerability that could allow attackers to steal cryptocurrency from affected devices. The fraudulent messages, circulating on October 25, 2026, urge recipients to visit a counterfeit recall website and submit their 12-word recovery phrases under the pretense…
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BNB Chain Unveils 200ms High-Speed Layer 1 as CZ Backs Single-Token Model
BNB Chain has unveiled detailed specifications for a new high-performance Layer 1 blockchain designed to process transactions in 200 milliseconds, expanding its infrastructure for high-frequency trading, real-time payments and autonomous AI applications. The new network, detailed in documentation updated October 22, will operate alongside BNB Smart Chain (BSC) rather than replace it. Both networks will…
