Mirae plans to turn crypto exchange Korbit into something Korea hasn't seen before
The South Korean financial giant says its Korbit – soon to be rebranded as Digital X – is just the starting point for a broader ecosystem that connects RWAs,…
Tassat wants to help smaller banks tap the trillion-dollar stablecoin boom before Wall Street lock them out
The former Signet developer aims to launch early next year a marketplace connecting stablecoin issuers with regional lenders to manage reserves. Source:CoinDesk
Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions…
Goldman Sachs CEO backs Clarity Act despite banking industry's concerns over stablecoin rules
The Goldman Sachs CEO said the crypto market structure bill would create a more stable regulatory framework, breaking with other major bank leaders who oppose…
Kakao taps Circle to explore won stablecoin payment infrastructure
Kakao Group and Circle signed an MOU to explore won stablecoin payments, remittances, merchant settlement and tokenized financial services. Source:Cointelegraph
UK digital bond plans hinge on one missing piece: onchain cash
Experts say Britain's digital gilt pilot can unlock trapped liquidity in financial markets only if regulators approve an onchain stablecoin. Source:CoinDesk
Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
An attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the difference in a single…
Balance Coin crashes 99% after reported $915K exploit
Blockchain security firms linked the collapse to a suspected attack on 42DAO, the decentralized organization that governs the Balance Protocol ecosystem.…
BIS warns stablecoins could weaken capital controls in emerging markets
Researchers found dollarbacked stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary…
Augustus raises $180 million to build a clearing bank for the AI and stablecoin era
The firm, freshly valued at $1 billion, aims to replace legacy correspondent banking with alwayson infrastructure that connects traditional payment systems and…
Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments
The Japanese logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC in Japan’s first largescale corporate stablecoin rollout.…
Allbridge pauses cross-chain bridge after $1.65M exploit
The attacker allegedly used a flash loan and rapid swaps to manipulate the bridge’s stablecoin exchange rate. Source:Cointelegraph