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DOJ Launches Criminal Probe Into Coinbase Breach Involving Bribed Employees


The U.S. Justice Department has reportedly initiated a criminal probe into a security incident at Coinbase Global Inc., the nation’s premier cryptocurrency exchange, as disclosed by a Bloomberg source with knowledge of the situation. Intruders corrupted customer support staff and third-party...

Ripple launches cross-border blockchain payments in UAE


Ripple, the creator of cryptocurrency XRP (XRP), launched cross-border blockchain payments in the United Arab Emirates (UAE), a development that could spur the adoption of cryptocurrency in a country receptive to digital assets.Zand Bank, the UAE’s first all-digital bank, and Mamo, a fintech...

Chainlink CCIP Launches on Solana, Linking $19B in Assets


Chainlink’s CCIP is now live on Solana, enabling cross-chain transfers between Solana and major blockchains like Ethereum and BNB Chain. Chainlink’s Cross-Chain Protocol Goes Live on Solana Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now operational on Solana, marking its first...

Franklin taps blockchain to offer yield on idle payroll funds


Franklin, a hybrid cash and crypto payroll provider, is launching a new initiative that aims to turn idle-sitting payroll into an opportunity for yield.The new solution, dubbed Payroll Treasury Yield, uses blockchain lending protocols to help firms earn returns on payroll funds that would otherwise...

Franklin taps blockchain to offer yield on idle payroll funds


Franklin, a hybrid cash and crypto payroll provider, is launching a new initiative that aims to turn idle-sitting payroll into an opportunity for yield.The new solution, dubbed Payroll Treasury Yield, uses blockchain lending protocols to help firms earn returns on payroll funds that would otherwise...

Pi Network to invest $100M in startups building blockchain apps


Mobile-first blockchain Pi Network has launched a $100 million fund to invest in initiatives built on its infrastructure.According to a May 14 announcement, the Pi Foundation is launching Pi Network Ventures with an initial investment of $100 million in Pi (PI) tokens and US dollars. The fund will...

Pareto launches synthetic dollar backed by private credit


Private credit marketplace Pareto has introduced a new synthetic dollar aimed at linking institutional investors with decentralized finance (DeFi) opportunities — a move that highlights the expanding role of stablecoins in global finance.The newly launched USP synthetic dollar is fully backed...

VanEck launches 'Onchain Economy' ETF


VanEck has launched a new actively managed exchange-traded fund (ETF) designed to invest in stocks and financial instruments offering exposure to the digital economy, the asset manager said on May 14.The VanEck Onchain Economy ETF (NODE) is listed on the Cboe exchange and aims to provide investors...

Bitpay Launches HODL Pay to Enable Crypto-Backed Stablecoin Spending


Atlanta-based firm Bitpay has introduced HODL Pay, enabling users to borrow stablecoins against cryptocurrency holdings for payments without liquidating assets. The service integrates decentralized finance (DeFi) protocols with Bitpay’s merchant network. Crypto Users Can Now Borrow Stablecoins...

UAE’s Mbank Launches AED Crypto Conversion


Mbank and Changer.ae have launched a Dirham-based crypto conversion service, following approval from the UAE Central Bank to open a fully regulated AED escrow account. Secure and Regulated Dirham to Crypto Conversions The United Arab Emirates (UAE) integrated digital bank, Al Maryah Community Bank...

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