With SEC fight over, Coinbase's top legal exec Grewal moves on, and others reassigned
Coinbase Chief Legal Officer Paul Grewal will depart the exchange, though he'll continue as an adviser, he said Thursday. Source:CoinDesk
Sony secures conditional approval to set up U.S. stablecoin trust bank
The New Yorkbased subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.…
AI is shortening the shelf life of crypto security audits, researchers warn
Hackers have also been exploiting the codebases of defunct decentralized finance protocols, draining millions of dollars in customer funds. Source:Cointelegraph
Dinari, tZERO join forces on turnkey platform for tokenized U.S. equities
The move comes as firms race to build the infrastructure for blockchainbased stocks and debate how tokenized stocks should work. Source:CoinDesk
Mobile app Toss and blockchain Optimism to conduct Korean won stablecoin POC : report
Toss has reportedly partnered with Optimism and Sunnyside Labs for a proof of concept on the feasibility of a Korean wonbased stablecoin for payments.…
Base to activate B20 standard for stablecoins, RWAs and other tokens
Base is scheduled to activate its B20 token standard on Wednesday at 6 pm UTC, allowing developers to begin creating native tokens on the network.…
Trump floats idea of Australia’s retirement system again. But what about Social Security?
The president said his administration was working on a plan based on the Austrialian system, days after the launch of “Trump accounts” for children.…
Coinbase gets UK license to expand into derivatives, equities
Coinbase said its UK investment services authorization will allow institutional and advanced traders to access derivatives, while retail users will be able to…
Coinbase secures UK authorization to offer traditional investments alongside crypto
The license allows institutional traders to access perpetual futures and gives U.K. retail customers the ability to trade equities to begin with.…
Coinbase AI draws backlash after pushing World Cup result before kickoff
CEO Brian Armstrong investigated, and the firm said it made updates to prevent future AIgenerated inaccuracies. Source:CoinDesk
Moonbeam to pivot from Polkadot to Base, unveils AI agent framework
Moonbeam didn’t provide a timeline for when it would launch the AI agent platform but told GLMR holders to bridge their tokens from the Polkadot parachain to…
Revolut to delist USDT in August, citing regulatory and risk concerns
Revolut notified some customers it will delist USDT after Aug. 31, with remaining holdings automatically converted into users’ base currency.…