Authorities targeted funds from a $140 million sponsorship deal with crypto firm Sorare, though law enforcement confirmed no wrongdoing by the Premier …
Account
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Regulation
US bank lobby wants stablecoin holders to open an account before cashing out
by shayaanby shayaanThe American Bankers Association is pressing US regulators to require anyone who buys or redeems a payment stablecoin directly with its issuer …
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Smart Contracts
What is account abstraction and why seed phrases are becoming optional
by shayaanby shayaanSmart accounts replace seed phrases with passkeys, social recovery, and gas sponsorship, making self-custody usable without memorizing 12 words. Summary Account abstraction …
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Finance
South Korea has approved new sovereign fund account for AI and strategic sectors
by shayaanby shayaanSouth Korea has approved plans to establish a new 20 trillion won investment account within its sovereign wealth fund to finance artificial …
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Finance
Fed’s Limited Payment Account Offers No Real Alternative to Master Accounts
by shayaanby shayaanAnchorage Digital, a federally chartered crypto bank, has publicly stated that the U.S. Federal Reserve’s recent proposal for a limited-purpose payment account …
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Altura has announced that the account holding the cash that is meant for the last round of payouts from its stablecoin vault …
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Scams
Robinhood CEO Vlad Tenev’s X Account Hacked to Shill Fake ‘Vladhood’ Token
by shayaanby shayaanIn brief Attackers hijacked Robinhood CEO Vlad Tenev’s verified X account on Thursday to promote a fake meme coin called Vladhood (VLAD). …
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Scams
Polymarket Account in Farage Backer’s Name Took $9M in Crypto From Unknown Sources: FT
by shayaanby shayaanIn brief The Financial Times reported that a Polymarket account in the name of George Cottrell—a convicted fraudster who has bankrolled Nigel …
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Markets
Robinhood CEO Vlad Tenev's X account hacked to promote token amid memecoin frenzy
by shayaanby shayaanThe post, now deleted, touted a token called $VLAD and falsely claimed it would be listed on Robinhood. www.coindesk.com
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Adoption
Digital-Native Generations May Never Need A Bank Account, Crypto Execs Warn
by shayaanby shayaanThe traditional bank account—long treated as a non-negotiable entry point into the financial system—is starting to look optional for a growing cohort …