Everything else across crypto, blockchain, and digital assets. 443 stories curated by CryptoCatalyst.
Private key security flaws, not smart contracts, were responsible for 40% of crypto's $16 billion hack losses. The industry is working on solutions, but progress is uneven. Wish Wu, co-founder and CEO of Pharos, highlights the need for better key management.
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Blockchain is becoming the financial layer for capital-intensive industries like AI and robotics rather than just crypto-native speculation, according to Michael Anderson, co-founder of Framework Ventures.
Polymarket has updated its hack losses to $3.1 million. The platform is also facing investigations over potential false or deceptive marketing practices. Users are awaiting promised refunds.
Framework Ventures has raised $400 million for its fourth fund, expanding beyond its traditional crypto focus into AI and robotics. The firm also promoted Rajiv Patel-O'Connor to general partner.
Yuma, backed by Digital Currency Group, has launched a fund offering institutional exposure to Bittensor's TAO token. This move comes as decentralized AI gains traction following recent restrictions on Anthropic's models.
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Securitize, a BlackRock-backed tokenization specialist, expects to close its SPAC merger next week and begin trading on the NYSE, pending shareholder approval. The company is targeting $400 million in funding.
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SBI, a major Japanese financial group, is buying Bitbank for $289 million, forming the country's biggest crypto exchange. The deal expands SBI's crypto ecosystem, including trading, stablecoins, and blockchain services.
Law enforcement disrupted three major infostealer malware operations that harvest cryptocurrency wallets and passwords, freezing €41 million in crypto. The takedown targeted SocGholish, Amadey, and StealC, which infected millions of devices worldwide.
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South Korea's Financial Services Commission has placed token securities infrastructure within a wider capital-market modernization plan covering faster settlement, longer trading hours and digital transformation.
A notorious crypto trading bot known for front-running was tricked and drained of $7.5 million. The bot, named 'JaredFromSubway,' was exploited by an unknown attacker who manipulated the bot's trading logic. This incident highlights the vulnerabilities in automated trading systems and the importance of security in crypto transactions.
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BNY Mellon reports that asset managers are rushing to explore blockchain-based ETFs out of fear of missing the early-mover advantage in tokenized finance, a trend that could broaden access to such investments.
Allium, a blockchain data startup, secured $40 million in Series B funding to enhance its infrastructure for institutional clients like Visa and the Federal Reserve. This highlights growing interest in onchain analytics from traditional financial players.
THORChain has restarted all network activities after a month-long pause to fix vulnerabilities that led to a $10.7 million exploit. The team implemented multiple security upgrades and a vault migration to ensure safety.
The European Parliament has approved a legal framework for a digital euro, aiming to reduce reliance on U.S. payment systems. This move could reshape Europe's financial landscape by 2029, offering a state-backed digital currency alternative.
Franklin Templeton has created a dedicated crypto division following the completion of its acquisition of 250 Digital. The move comes as the firm's tokenized assets grew from roughly $768 million to over $2.5 billion in a year.
Anchorage Digital has introduced a new platform allowing banks to offer 24/7 payments and settlements using tokenized deposits. This lets financial institutions leverage blockchain without overhauling their existing systems.
The New York Stock Exchange's parent company, ICE, is teaming up with crypto exchange OKX to advance tokenized securities. This joint venture, co-chaired by a former New York governor, aims to bring blockchain-based financial products to mainstream investors.
Decentralized AI computing is struggling due to high latency and technical challenges. Most attempts to distribute large AI models across consumer GPUs have failed, highlighting the difficulty of this approach.