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Crypto exec warns of ‘ELUSIVE COMET’ threat after losing 75% of assets


The chief executive of non-fungible token platform Emblem Vault is warning X users to be wary of the video meeting app Zoom after a nefarious threat actor known as “ELUSIVE COMET” recently stole over $100,000 of his personal assets. On April 11, Emblem Vault CEO, podcaster and...

MANTRA and Laser Digital Deny Role in OM Token Collapse


Two major players tied to the OM token—MANTRA’s co-founder and Nomura’s Laser Digital—issued statements Monday distancing themselves from the token’s 90% price drop over the weekend. MANTRA’s Mullin Defends Project After OM Tumbled 90% John Patrick Mullin, co-founder of MANTRA, addressed the token...

MANTRA’s OM Token Crashes 90% Amid Insider Sell-Off Allegations


The MANTRA crypto project is embroiled in controversy after its OM token crashed 90% on Sunday, with investors alleging an insider dumped its holdings, wiping out an estimated $5 billion in market value. MANTRA Blames ‘Reckless Liquidations’ for OM Token’s Historic Crash MANTRA...

Thailand Intensifies Fight Against Mule Accounts in Digital Assets


Thailand has approved significant amendments to the digital asset and cybercrime laws to combat cybercrime and online scams. Combating Mule Accounts in the Crypto Industry The Thailand Cabinet has approved significant amendments to the Digital Asset Business Law and the Cybercrime Law, aiming...

Tokenized Treasury Growth Rockets 8.7% in 7 Days as Crypto Economy Stumbles


While digital currency markets have faltered, the tokenized real-world asset (RWA) ecosystem has flourished, eclipsing recent market turbulence with a 12.5% valuation climb over 30 days. Tokenized Treasury instruments, in particular, outpaced peers with an 8.7% leap across seven days. Tokenized...

Working Through the Riddles of Tokenized Securities


Despite the recent regulatory thaw around digital assets, regulating digital assets remains a thorny problem. Here is a primer on the more common riddles currently facing developers of tokenized securities from Skadden’s Daniel Michael, Michelle Gasaway and Greg Zaffino

EU Regulator: Crypto Assets Pose No Significant Risk to Financial Stability


The securities regulator believes that crypto assets currently pose a minimal risk to financial stability due to their relatively small size and limited integration with traditional financial systems. Crypto Assets 1% of Global Financial Assets The European Securities and Markets Authority (ESMA)...

Bitcoin DeFi booms as Core blockchain hits $260M in dual-staked assets


Core, a proof-of-stake blockchain built on Bitcoin, has surpassed $260 million in dual-staked assets as institutional interest in Bitcoin-based decentralized finance (DeFi) continues to grow.Core’s initial contributor, Rich Rines, told Cointelegraph that as of April 7, over 44 million Core...

Crypto fintech Taurus launches interbank network for digital assets


Swiss cryptocurrency fintech Taurus has launched an interbank network that is purpose-built for regulated institutions involved in digital asset operations.On April 9, Taurus announced it launched Taurus-Network (TN), an interbank network designed to simplify and improve digital asset transactions...

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