BTCS Prepares DeFi Business To Provide Liquidity For Tokenized Stocks
TL;DR BTCS says its Imperium DeFi unit has completed preparatory compliance steps for potential use of the SEC’s Covered Firm exemption. The company has submitted the required notice and published relevant disclosures. Imperium has not yet started providing tokenized-equity liquidity because a qualifying Tokenized Securities Venue must first become operational. BTCS is positioning its DeFi…
Chainlink Launches CCIP 2.0 With Extra Security Controls For Tokenized Assets
TL;DR Chainlink has launched CCIP 2.0, a major upgrade to its Cross-Chain Interoperability Protocol. The new version adds optional third-party verifiers, faster-than-finality transfers, built-in compliance tools and more flexible execution. Chainlink is positioning the upgrade for banks and asset issuers moving regulated assets across multiple blockchains. Chainlink has launched the next version of its cross-chain…
Citi And Coinbase Bring Stablecoin Payments Into Corporate Banking
TL;DR Citi and Coinbase have expanded their partnership with new stablecoin and fiat payment infrastructure for businesses. Citi clients can accept stablecoin payments while Coinbase provides blockchain rails and conversion into fiat. Coinbase business customers can also use Citi-powered virtual accounts that automatically move between fiat and stablecoins. Citi and Coinbase are connecting corporate bank…
Oracle Connects Bank Payment Systems To Swift’s Blockchain Ledger
TL;DR Oracle is integrating its banking and blockchain infrastructure with Swift’s shared ledger for tokenized deposits. Banks can connect their own tokenized-deposit systems to cross-bank payment flows while retaining control of the underlying assets. Oracle Banking Payments will link those digital-asset flows with existing ISO 20022 processing. Oracle is building a bridge between the systems…
KelpDAO Sues LayerZero Over $292M rsETH Bridge Exploit
TL;DR Evercrest Technologies, the company behind KelpDAO, has filed a civil claim against LayerZero entities and co-founder Bryan Pellegrino. The lawsuit concerns the April exploit that drained 116,500 rsETH, worth about $292 million at the time. KelpDAO alleges LayerZero reviewed and endorsed the bridge configuration later blamed for the attack; those claims have not been…
US Charges Man After Crypto Scam Wallets Received More Than $53M
TL;DR U.S. prosecutors have charged a Vietnamese national with money laundering tied to alleged cryptocurrency “pig butchering” schemes. Prosecutors say wallets controlled by the defendant received roughly $53.3 million linked to fraud schemes targeting U.S. victims. One victim allegedly transferred about $16 million after being directed to a fake crypto investment platform. U.S. prosecutors have…
Socure Brings AI Identity Checks To Circle’s Arc Onramp
TL;DR Socure has integrated its RiskOS identity and fraud platform into the Arc Onramp experience. The system is designed to verify users and make fraud decisions as they move from fiat currency into USDC through applications built on Arc. The integration adds a compliance layer to Circle’s institution-focused blockchain without moving identity data directly into…
Bitget Raises Hack Estimate To $387.5M And Sets Withdrawal Restart Plan
TL;DR Bitget has increased the confirmed value of assets transferred to attacker-controlled addresses from $351.6 million to about $387.5 million. The exchange says the underlying vulnerability has been identified and remediated. Withdrawals are scheduled to return in stages beginning with Bitcoin on September 28 and continuing through October 2. Bitget has published a substantial update…
ARK Brings $1.3B Venture Fund Onchain Through Securitize
ARK Invest is tokenizing its ARK Venture Fund through Securitize. The fund has roughly $1.3 billion in assets and invests across private and public technology companies including OpenAI, Anthropic, Stripe and Databricks. The move tokenizes ownership and administration of the existing fund rather than creating a new crypto fund. **ID:** N25-02 **Site:** NewsBTC **Status:** READY…
IBM Connects Banks To Swift’s Blockchain Ledger For Tokenized Deposits
IBM Digital Asset Haven can now connect financial institutions to Swift’s blockchain-based shared ledger through a beta integration. Banks can instruct tokenized-deposit transactions using existing ISO 20022 payment messages. Swift’s ledger is already being tested by 17 first-mover institutions, while IBM is also adding an on-premises version of Digital Asset Haven. **ID:** N25-05 **Site:** NewsBTC…