blockchain
Blockstream Patches Liquid Network After $320M Exploit, Funds Declared Safe
Blockstream has confirmed its bridge nodes are patched and funds safe to return following a $320M exploit on the Liquid Network sidechain.…
Fintech, banking and infrastructure,
under the hood.
Long-form coverage of cards, IBANs, payment rails, regulation and the technology that moves money — in seven languages, written by working operators.
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bitcoin
$320M Bitcoin Breach Exposes Fault Lines in Blockstream's Liquid Network
Around 4,000 BTC worth $320M was drained from Blockstream's Liquid Federation wallet on a Sunday afternoon, raising serious questions about federated sidechain security.…
regulation
Philippines Eyes 12-Month Freeze on New Payment Operators Amid Crypto Crackdown
The Philippines proposes a 12-month moratorium on new payment operator licences while tightening crypto rules, threatening to slow Bitcoin adoption across the archipelago.…
regulation
OCC's Hard Line: How bunq and Wise Fell Short of Federal Charter Standards
The OCC rejected charter bids from neobank bunq and payments giant Wise, exposing how capital gaps and AML history can derail even the most ambitious fintech expansions.…
bitcoin
Coldcard Third-Wave Attacker Moves 45% of Stolen Bitcoin as Galaxy Tracks Laundering
A third-wave Coldcard attacker has moved 45% of stolen Bitcoin, while Galaxy reports 82% of all funds across attack waves remain dormant in original addresses.…
bitcoin
Coldcard Hacker Moves $7.7M in Methodical Third-Wave Bitcoin Drain
A sophisticated attacker linked to the Coldcard hardware wallet breach has moved $7.7M in Bitcoin across 293 vaults, emptying them largest-first.…
payments
Philippines Proposes 12-Month Freeze on New Payment Operator Registrations
The Philippines has proposed a 12-month moratorium on new payment operator registrations, prioritizing regulatory oversight and consumer protection over market expansion.…
tokenization
Citi and DBS Execute First Weekend Tokenized Cross-Border Deposit on Swift
Citi and DBS have completed the first tokenized cross-border deposit transfer over a weekend using Swift's blockchain-based ledger, challenging traditional banking hour constraints.…
tokenization
DBS and Citi Execute First Weekend Cross-Border USD Payment on Swift's Blockchain
DBS Bank and Citi have completed the first weekend cross-border USD payment using tokenized deposits settled on Swift's blockchain ledger, signalling a new era for global banking.…
regulation
Philippines Central Bank Proposes Payment Operator Freeze and Tighter VASP Oversight
The Bangko Sentral ng Pilipinas is weighing a halt on new payment operator registrations alongside stricter monitoring and transaction caps for firms linked to virtual asset providers.…
bitcoin
Purported White-Hat Hackers Pull $320M in Bitcoin From Liquid in Blockstream Standoff
Unidentified actors claiming white-hat status have withdrawn $320M in Bitcoin from Liquid, with Blockstream negotiating via PGP-signed on-chain messages.…
blockchain
Harmony Proposes Layer-1 Shutdown and ONE Token Migration to Ethereum
Harmony has proposed sunsetting its layer-1 blockchain and migrating the ONE token to Ethereum, weeks after a damaging exploit forced plans to discard 109,000 transactions.…