Sberbank tests DeFi, tokenization and Ethereum-based products as rising client demand pushes Russia’s largest bank toward public blockchain integration. Summary Sberbank is piloting multiple DeFi use cases to meet growing demand for crypto trading and asset holdings from clients. The bank is exploring tokenization as a bridge between traditional banking and public-chain DeFi, with a…
U.S. Senate Banking delays crypto market structure markup to early 2026, extending uncertainty over digital asset rules and agency oversight. Summary Senate Banking Committee will not hold a 2025 markup on crypto market structure legislation, pushing the process to early 2026. The delay leaves unresolved how the SEC and CFTC will split oversight of spot…
Whale exits AI agent tokens at up to 99% losses, crashing thinly traded Virtuals-linked markets and exposing liquidity risks in the AI narrative. Summary Ember data shows a whale closing AI agent and Virtuals-linked positions at 84%–99% losses as sector liquidity and sentiment collapse. Rapid on-chain transfers through Arkham-tracked wallets hit shallow order books, driving…
JPMorgan seeds a $100m tokenized money market fund on Ethereum, extending its Kinexys platform from private chains to public blockchains for institutional cash management. Summary JPMorgan’s new tokenized money market fund on Ethereum is seeded with $100m in internal capital and targets institutional treasury clients seeking onchain cash instruments. The fund builds on Kinexys and…
SEC opens formal review into Nasdaq’s bid to list tokenized stocks, testing how blockchain shares can coexist with DTCC‑cleared equities. Summary SEC launches consultation on Nasdaq’s proposal to trade tokenized securities on the same order book and rights framework as traditional shares. Settlement would still run through DTCC, while blockchain is used for efficiency, drawing…
A critical React Server Components RCE bug is being weaponized to hijack servers, drain crypto wallets, plant Monero miners, and deepen a $3B 2025 theft wave despite urgent patch pleas. Summary Security Alliance and Google TIG say attackers exploit CVE-2025-55182 in React Server Components to run arbitrary code, steal permit signatures, and drain crypto wallets.…
North Korean hackers hijack Telegram, stage fake Zoom calls and deploy RAT malware to drain crypto wallets in a $300m long‑con campaign. Summary Attackers hijack trusted Telegram accounts, then lure crypto executives into fake Zoom or Teams calls using spoofed calendar invites. Pre‑recorded video of known industry figures masks RAT‑laden “patch” files that give hackers…
Kevin Hassett defends Fed independence as Trump weighs him and Kevin Warsh for chair, prediction markets shift, and fresh rate cuts keep crypto in wait-and-see mode. Summary Kevin Hassett, now a leading Fed chair contender, says Trump’s views would only matter if backed by data, stressing the FOMC’s vote-driven process. Trump says the race is…
Pi Network’s first Open Network hackathon crowned Blind_Lounge and other utility-focused Mainnet apps, highlighting growth but with clear risk disclaimers for users. Summary Pi Network’s Core Team picked Blind_Lounge as the top Mainnet app, with Starmax and RUN FOR PI taking second and third in a 215-submission hackathon. Honorable mentions like Kindrek, Workflet For Pi,…
Trump’s CFTC pick Michael Selig heads for a Senate vote as the agency scraps “actual delivery” rules, greenlights spot crypto on futures bourses, and tests RWA collateral. Summary Michael Selig, Trump’s nominee to lead the CFTC, faces a full Senate vote after a narrow committee approval, promising to make the U.S. “Crypto Capital of the…
