A critical vulnerability reported by SecondFi had left the private keys of the users who have used their web wallet exposed. They had quickly suspended all services from June 23 and advised the users to move their funds somewhere else. The above-mentioned vulnerability had occurred in the wallet generator software
June 24, 2026 2 mins read
U.S. Lawmakers continue to advance digital asset regulations as the Senate moves closer to introducing dedicated cryptocurrency tax legislation. Senator Steve Daines revealed that Republican senators had already developed the framework. During an interview with Bloomberg Tax, Sen. Steve Daines said, “sooner rather than later”. He also said, “We’ve put
June 24, 2026 2 mins read
Ripple received the first preliminary approval for a license in the role of Crypto Asset Service Provider from Luxembourg’s financial authorities this week. This authorization is another step towards implementing the company’s European expansion plan amid the MiCA regulatory regime. The Commission de Surveillance du Secteur Financier of Luxembourg issued
June 23, 2026 2 mins read
U.S. President Donald Trump issued executive orders to improve America’s preparedness for quantum computing advancements in the future. These orders set up strict timelines for federal agencies to upgrade their cryptographic technologies to quantum-resistant technologies. By virtue of Executive Order 14409, the federal agencies will need to enhance certain important
June 23, 2026 2 mins read
Fed chair Kevin Warsh is going to assess the bank’s monetary policy before the House Financial Services Committee. The hearing is set for July 14, and only weeks remain till the meeting of the FOMC. Warsh will provide his first assessment of the Federal Reserve’s monetary policy before Congress during
June 23, 2026 2 mins read
The Bank of England announced the final framework for regulating stablecoins and drafted new regulations following extensive consultation with the industry. The new framework is less stringent than previous iterations as per industry concerns about limiting growth in the UK’s nascent stablecoin market. Proposed holding limits that would have prevented
June 22, 2026 2 mins read
The Altura Web3 gaming platform intends to shut down its Infinity Vault due to huge investor withdrawals. Investors withdrew approximately $8.5 million from the vault in a single day. With the fast flow of money, the total amount of money left in the vault was about $3.9 million. After the
June 22, 2026 2 mins read
The South Korea’s Toss Bank and Solana Foundation have collaborated on a proof-of-concept program that focuses on cross-border remittances. The goal of this proof of concept is to understand if there is an opportunity to use blockchain technology for faster and more efficient cross-border payments. Toss Bank will see whether
June 22, 2026 2 mins read
The Philippine SEC has increased its focus on tokenization due to the growing interest in blockchain financial products. The regulators are currently making use of StratBox to test new digital asset services in a regulated way. During the Philippine Blockchain Week 2026, the SEC Commissioner feels confident that tokenized assets
June 20, 2026 2 mins read
The European Union is set to launch wide-reaching AML regulatory changes that will enhance regulatory controls in traditional finance as well as in the crypto space. Regulation (EU) 2024/1624 will come into force in July 2027 and establish a €10,000 cash transactions limit across the EU. Legislators from Europe drafted
June 20, 2026 2 mins read