THORChain refused Bitget's request to freeze hacker wallets after a $387.5 million theft, defending its permissionless design as exchange executives accuse it of enabling laundering.
KelpDAO developer Evercrest is suing LayerZero and co-founder Bryan Pellegrino, alleging the firm approved in writing the single-verifier bridge setup blamed for a $292 million exploit.
BlackRock and Ondo Finance launched three tokens that each represent a full, self-rebalancing model portfolio — a step beyond tokenizing single stocks or funds.
IBM's Digital Asset Haven now links to Swift's blockchain ledger via an ISO 20022 adapter, letting banks move tokenized deposits through familiar payment messaging.
Canada's six largest banks are building a shared tokenized deposit system for interbank transfers, a private-sector alternative to the digital dollar that public consultation found little appetite for.
Chainalysis data shows cross-border stablecoin transfers jumped 77.5% to $220.3 billion even as crypto's market cap fell 37%, pointing to payments-driven growth rather than speculation.
Ondo Finance and Alpaca now let approved institutions mint and redeem tokenized stock tokens using shares directly, cutting the cash buffer previously required under the old model.
World has launched World Money, a self-custodial finance app separating payments and trading from identity verification, rolling out across more than 150 countries with Apple Pay funding via Stripe.
S&P Global's acquisition of smart contract auditor OpenZeppelin places Web3 security infrastructure directly under a major credit ratings firm's oversight.
Symbiosis says it has clawed back about 15 BTC after an exploit minted fraudulent synthetic bitcoin, but liquidity providers still have no compensation plan or timeline.
