After an AI model helped uncover a four-year-old flaw in Zcash, security researchers warn that similar bugs may be hiding across crypto …
Banks
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Regulation
Banks’ survey says people don’t want to rock the boat if stablecoin yield risks lending
by shayaanby shayaanU.S. banking lobbyists unveiled a survey to back up their campaign against U.S. stablecoins that return yield to their users, seeking to …
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Regulation
Banks’ survey says people don’t want to rock the boat if stablecoin yield risks lending
by shayaanby shayaanU.S. banking lobbyists unveiled a survey to back up their campaign against U.S. stablecoins that return yield to their users, seeking to …
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Markets
JPMorgan Chase CEO Speaks Out Against Clarity Act, Says Banks Will Fight Bill in Upcoming Markup
by shayaanby shayaanThe CEO of financial services titan JPMorgan Chase says banks will fight back against the CLARITY Act, the landmark crypto bill that …
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DeFi
DeFi won’t win over big banks until it fixes its hacking problem, executives say
by shayaanby shayaanThe long-term value of decentralized finance (DeFi) depends on its ability to transform the back-office operations of global banking institutions rather than …
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Regulation
“Banks Will Not Consent to the Current Version of the Clarity Act on Cryptocurrencies”
by shayaanby shayaanJamie Dimon announced that they oppose the current version of the CLARITY Act, a bill aimed at creating a regulatory framework for …
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Markets
Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain
by shayaanby shayaanCertiK CEO and co-founder Ronghui Gu says April was the worst month for DeFi in four years with exploits on 27 out …
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Markets
‘The banks will not accept it’: Dimon escalates battle over stablecoin rewards in CLARITY Act debate
by shayaanby shayaanJPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and …
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Finance
The Fed may open direct settlement rails to crypto firms as banks warn of liquidity risk
by shayaanby shayaanYou never see the most important part of any of your payments. When an app says your money moved, a number changes …
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Smart Contracts
With Central Bank’s Blessing, Georgia Taps Tether for ‘Official’ Stablecoin
by shayaanby shayaanIn short Tether is working with the government and the Central Bank of Georgia to launch GELT, an official stablecoin pegged to …