Chainalysis has debuted a hotline to offer support for companies that have been the victims of cyberattacks, CoinDesk reported Wednesday (June 22).
The Crypto Incident Response Hotline, as it’s called, will function 24/7, giving victims access to investigators who will trace and label the funds in Chainalysis’ program.
According to the report, if funds have already been transferred or stolen, the team will help to work with law enforcement and asset recovery services.
In other news, the Monetary Authority of Singapore has granted licenses for digital token payments for Crypto.com, along with two other companies, Genesis and Sparrow Tech.
CoinDesk reported Wednesday that Crypto.com CEO Kris Marszalek said MAS “sets a high regulatory bar” and the company was glad to get approval, as this indicated trust and security on Crypto.com’s part.
Furthermore, Tether is putting out a new crypto token that will be tied to the value of the British pound, Bloomberg wrote Wednesday.
This comes as the company wants to push more into stablecoins, and the GBPT token will be available to trade on Ethereum in early July. Tether has seen harder hits against its value as opposed to numerous rivals, having briefly lost its peg to the dollar last month.
In other news, Bloomberg reported Wednesday that Binance.US will be offering zero-fee trading for bitcoin as it plans to cut out the charges for other tokens as well later.
CEO Brian Shroder said in an interview that the zero fee trading is “something that we want to do because we can,” and that it will hopefully up its overall user accounts. The report said this will add more pressure for other crypto exchanges to lower fees.
Meanwhile, crypto broker Voyager Digital said its subsidiary would possibly be issuing a default notice to Three Arrows Capital if that fund doesn’t repay a loan, Reuters wrote Wednesday.
Voyager’s exposure to the other company entails 15,250 bitcoin, worth almost $310 million, and $350 million in USD Coin, the report said.
Finally, Coinbase announced Wednesday that it has improved its wallet app, making it “more intuitive and visually-compelling.”
The company’s new Wallet app will come with multichain support now including Solana, easier access to decentralized finance (DeFi) positions, dark mode and real-time price charts, according to the company blog post.
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