The UK Financial Conduct Authority (FCA) has appointed Sarah Pritchard as its new Deputy Chief Executive, a role created to reflect the organization’s expanding responsibilities, including the integration of the Payment Systems Regulator and the regulation of stablecoin and crypto firms. Since joining the FCA in June 2021, Pritchard has led the supervision, policy, and […] Source CryptoX Portal
Threat Fabric’s Mobile Threat Intelligence (MTI) team has warned cryptocurrency users about a new variant of the Crocodilus mobile malware, now equipped with an automated seed phrase collector. Malware Features Seed-Phrase-Collecting Parser The Mobile Threat Intelligence (MTI) team at Threat Fabric has issued a warning to cryptocurrency users about a new variant of mobile malware, […] Source CryptoX Portal
OpenTrade has raised $7 million in a strategic round led by Notion Capital and Mercury Fund, with backing from a16z crypto, AlbionVC, and CMCC Global. The latest funding brings the London-based company’s total haul to $11 million in just six months, a signal of investor confidence in the startup’s push to bring yield-bearing stablecoins to users in unstable economies. The company runs a “yield-as-a-service” platform designed for fintech apps, exchanges, and neobanks. Clients like Criptan in Spain and Littio in Colombia use OpenTrade’s backend to let users earn interest —…
Ripple has committed over $5 million to expand blockchain research in APAC, advancing innovation, education, and talent across the region. Ripple Commits Over $5M to Advance Blockchain Research in APAC Ripple is expanding its commitment to blockchain development in the Asia-Pacific (APAC) region, as highlighted in a Ripple Insights article published on June 10. APAC […] Source CryptoX Portal
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. In his latest macro-technical analysis, crypto strategist Kevin (@Kev_Capital_TA) has flagged a potentially pivotal moment for Ethereum (ETH), arguing that a confluence of rare monthly chart signals—some not seen in years—could be laying the groundwork for…
The XRP Ledger is now home to a groundbreaking new offering: Digital Commercial Paper (DCP). This innovative fixed-income asset is fully backed by U.S. Treasuries and carries a top-tier Prime-1 rating from Moody’s. Ripple Highlights XRP Ledger’s Role as Guggenheim Modernizes Commercial Paper Issuance Ripple announced on June 10 that Guggenheim Treasury Services, a subsidiary […] Source CryptoX Portal
The U.S. Securities and Exchange Commission may approve a spot Solana exchange-traded fund within the next few months, according to multiple sources cited by Blockworks. The SEC has reportedly asked prospective Solana (SOL) ETF issuers to submit amended S-1 registration statements by next week. One source suggested an approval could arrive within three to five weeks. Two sources told Blockworks the agency will provide comments on the updated filings within 30 days. The changes focus on two key areas: how issuers plan to handle in-kind redemptions and whether staking will…
President Donald Trump’s pick to be chairman of the U.S. commodities watchdog, Brian Quintenz, fielded crypto questions more than any other topic at his Senate confirmation hearing on Tuesday, and he assured the lawmakers that the agency can walk a middle ground between unhampered innovation and robust consumer safeguards. Even as Quintenz awaits the Senate Agriculture Committee’s vote on whether to advance his nomination as chairman of the Commodity Futures Trading Commission, Congress is working on market structure legislation that could elevate that agency as the marquee regulator of U.S.…
Aave has deployed its decentralized finance protocol on Soneium, an Ethereum layer two (L2) developed by Sony Block Solutions Labs. Sony’s Soneium Welcomes DeFi Giant Aave to Its L2 Network Aave, a major decentralized finance (defi) protocol, has launched on Soneium, a new Ethereum L2 developed by Sony Block Solutions Labs, a joint venture between […] Source CryptoX Portal
Decentralized finance (DeFi) firm Aave is arriving on Soneium, the Ethereum L2 blockchain linked to Japanese electronics giant Sony, the companies said on Tuesday. Decentralized finance, which shot to prominence during the so-called “DeFi summer” of 2020, is resurgent, amid a huge growth in stablecoins and crypto-backed lending. The integration of GHO, Aave’s decentralized overcollateralized stablecoin, into Sonieum is being explored for real-world use cases in payments, savings, and digital commerce, according to a press release. Soneium’s 7-million user ecosystem already includes Uniswap v4, Velodrome, Stargate, Lido, and native protocols…