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Prisma Finance Grapples with $11.6M DeFi Exploit Fallout

Prisma Finance grapples with fallout from an $11.6M DeFi exploit, navigating demands from a "white hat" hacker amidst unresolved fund retrieval.

BlackRock’s Foray into RWA Tokenization Sparks Surge in Crypto Interest

Amidst the blurred boundaries of traditional finance and cryptocurrencies, BlackRock's $100 million tokenization fund sparks interest in RWA tokenization. Aptos emerges as a potential partner for BlackRock, with speculation rife about forthcoming announcements and strategic alliances with major asset management firms.

US Consumer Financial Watchdog Considers Applying EFTA to Crypto

The Consumer Financial Protection Bureau (CFPB) in the US is mulling over the application of the Electronic Fund Transfer Act (EFTA) to cryptocurrencies. This move aims to safeguard consumers from fraudulent crypto transfers amidst a surge in crypto-platform hacks. Learn more about the CFPB's...

Robert Kiyosaki’s Bold Prediction on the Future of Money

Learn about Robert Kiyosaki's predictions regarding the fate of fiat money and the rise of cryptocurrencies in the world of finance. Can his forecasts be trusted? Renowned financial expert Robert Kiyosaki, author of the bestselling book "Rich Dad Poor Dad," recently made waves on social...

Federal Reserve Tightens Supervision on Banks Involved in Crypto and Stablecoin Activities

The Federal Reserve has initiated the Novel Activities Supervision Program to enhance the supervision of all banking organizations involved in crypto, distributed ledger technology, and technology-driven partnerships with nonbanks. The move is to ensure that regulation and supervision allow for innovations that improve financial...

Uncertainty Surrounding Paypal’s PYUSD Stablecoin Raises Concerns

On August 7, 2023, Paypal made headlines by unveiling a new stablecoin, pegged to the value of the U.S. dollar. However, the lack of specific information regarding the token contract has given rise to confusion and speculation in the crypto community. Both Paypal and...