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Chainlink, JPMorganโs blockchain unit Kinexys, and Ondo Finance have completed the first cross-chain Delivery versus Payment (DvP) transaction on Ondo Chainโs testnet, integrating traditional bank payment rails with tokenized asset markets. First Cross-Chain DvP The transaction, according to the release sent to Cryptox.trade News, settled Ondo Financeโs tokenized U.S. Treasuries Fund (OUSG) using JPMorganโs permissioned [โฆ] Source CryptoX Portal
Decentralized finance (DeFi) protocol Curve Finance has warned that a hacker has again hijacked its domain name system (DNS), sending users to a malicious website.ย ย In the second attack on its infrastructure in a week, the โcurve.fi DNS might be hijacked. Donโt interact!โ the team said in a May 12 warning to X. In a follow-up post to a user asking whether it was a hack or a hijack, the Curve Team said the website โPoints to the wrong IPโ when users try to visit. A DNS works like a…
The crypto industry has been desperate for U.S. regulation as the last major piece in its global maturity puzzle, but sector veteran and compliance expert TuongVy Le, a former Securities and Exchange Commission lawyer, argues that what Congress and the regulators are working on isnโt just for todayโs digital assets space but for the core of the future financial system. Le, who has held top legal and regulator positions at Anchorage Digital, Bain Capital and the former Worldcoin (now World Network), told CryptoX that she expects the new rules coming…
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The cryptocurrency market continued to surge this past week as the overall digital asset market capitalization exceeded $3.27 trillion, an 8.6% increase over the previous week. Bitcoin (BTC) reached a high of $103,600 on May 8 after reclaiming $100,000 for the first time since January. Its market dominance also surged above 60%, reflecting more bullish BTC sentiment. This marked the third time BTC has broken through six figures since it reached the milestone on Dec. 5, 2024, and again on Jan. 20, ahead of US President Donald Trumpโs inauguration.ย The…
A hacker involved in the $4.67 million exploit of the decentralized finance lending protocol Voltage Finance in 2022 has moved some of the stolen Ether to Tornado Cash after a short hibernation.ย Blockchain security firm CertiK said in a May 6 post to X that the 100 Ether (ETH), worth $182,783 at current prices, was moved from a different address initially used in the exploit but can be traced back to the hacker.ย ย In March 2022, the exploiter took advantage of a โbuilt-in callback functionโ in the ERC677 token standard…