April 19, 2024
Senators Press Banks for Better Defenses Against Wire Fraud
The looming specter of wire fraud has spurred lawmakers to press big banks for better defenses against bad actors — and a detailing of the impact the scams have had on consumers....
April 19, 2024
Making Sense of Why FIs Are Tokenizing Real-World Assets
The tokenization of real-world assets (RWA) is emerging as more than just a token exercise. It’s another function of the blockchain landscape that has captured the imagination of various players...
April 19, 2024
Tether and Telegram Join Forces to Enable Crypto Payments
Stablecoin issuer Tether has partnered with the TON Foundation to enable customers to send cryptocurrency payments using encrypted messaging service Telegram. This collaboration aims to create an app that serves...
April 16, 2024
Crypto.com Adding 1,400 Employees as Bitcoin, Other Tokens Rally
Crypto.com is in the process of adding 1,400 employees, a little more than a year after cutting one-fifth of its staff. The turnaround at the digital asset exchange began after...
April 14, 2024
Change Healthcare Targeted by Second Ransomware Attack
Change Healthcare is reportedly facing a new ransomware attack following a massive breach in February. According to a recent report by Wired, a ransomware group called RansomHub has since last week...
April 10, 2024
Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken while speaking Wednesday (April 10)...
April 10, 2024
Virtual Banks Forge Ahead in Defining Banking’s Digital Future
The banking landscape is undergoing a digital transformation, as traditional financial institutions (FIs) race to keep pace with evolving consumer preferences and technological advancements. Santander’s recent announcement of plans to...
April 10, 2024
This Week in Web3: Usability, Utility and Oversight
The next iteration of the internet, Web3, has been around for a while now. Meta’s Reality Labs division — the arm of the tech giant that focuses on metaverse, mixed...
April 10, 2024
Treasury: ‘Malign Actors’ Use Crypto to Get Around Regulators
Cryptocurrency is increasingly becoming a safe haven for “malign actors” such as terror groups. That’s according to testimony Tuesday (April 9) by U.S. Treasury Deputy Secretary Wally Adeyemo, who spoke...