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DEFI

Figure and Hastra Add Auto Loans to Tokenized Credit Platform

Blockchain-based lender Figure Technology Solutions and Hastra, its onchain credit platform, are adding auto loans to their tokenized credit marketplace, broadening the real-world assets (RWAs) available to decentralized finance (DeFi)…
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South Korea Orders Suspension, Fine for Crypto Exchange Coinone

South Korea’s third-largest cryptocurrency exchange, Coinone, is facing a fine and a partial business suspension over anti-money laundering lapses, according to multiple local media reports.South Korea's Financial Intelligence Unit (FIU)…
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ECB Backs Plan for ESMA to Take Over Crypto Supervision

The European Central Bank has supported the European Commission’s plan to bring the supervision of major crypto companies under the EU’s financial markets regulator. The ECB said in an opinion published on Friday that it fully supports…
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Arizona Judge Blocks Gambling Enforcement Against Kalshi Contracts

A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC.A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against…
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Aethir Stops Bridge Hack After Contract Exploit

Aethir, a decentralized GPU cloud infrastructure designed for artificial intelligence, confirmed an attack on its bridge contracts and said it halted the exploit.The platform said Friday that it had detected and contained an attack on its…
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OKX, HashKey Back VPBank’s CAEX in Vietnam Crypto Pilot

CAEX, a crypto platform linked to the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) ecosystem, said OKX Ventures and HashKey Capital are backing the company as it seeks to qualify for Vietnam’s pilot regime for crypto…
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North Korean Hackers Infiltrated Crypto For Seven Years

North Korean IT workers have been embedding themselves in crypto companies and decentralized finance projects for at least seven years, according to a cybersecurity analyst.“Lots of DPRK IT workers built the protocols you know and love, all…
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SEC Says Some Crypto Enforcement Cases Lacked Investor Benefit

Some past enforcement actions against cryptocurrency companies lacked clear investor benefit and misinterpreted federal securities laws, the US Securities and Exchange Commission (SEC) said on Tuesday. Since the 2022 fiscal year, the SEC…
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Chaos Labs Leaves Aave Due to Budget, Risk Disagreements

Chaos Labs has parted ways with the Aave ecosystem after serving as the crypto lending protocol’s main risk service provider for three years, citing a budget dispute and disagreements over how Aave should manage risk.“This decision was not…
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Nevada Judge Extends Kalshi Ban, Rules Event Contracts Unlicensed Gambling

A Nevada judge has reportedly extended a ban preventing Kalshi from offering event-based contracts in the state, ruling that the products constitute unlicensed gambling under state law.Judge Jason Woodbury said at a hearing in Carson City…
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