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JPMorgan expands blockchain push with tokenized money-market fund on Ethereum
The fund is seeded with $100 million and requires a minimum investment of $1 million. Tokenized money-market funds offer faster settlement, continuous trading, and onchain ownership visibility. The tokenized money-market sector has grown to $9 billion in assets over the past year. JPMorgan Chase is preparing to deepen its push into blockchain-based finance through a…
Binance launches USD1 rewards programme with WLFI token airdrops
Binance launched a USD1 rewards campaign, distributing $40m in WLFI tokens through weekly airdrops. WLFI payouts are based on users’ net USD1 balances, with higher rewards for USD1 used as collateral. USD1’s market cap has surpassed $3 billion, while WLFI activity has increased across DeFi and payroll uses. Binance has rolled out a new rewards…
Singapore’s StraitsX to expand XSGD and XUSD stablecoins onto Solana
The integration will support automated payments and onchain SGD-USD exchange. XSGD and XUSD have processed more than $18 billion in onchain transactions. StraitsX operates under MAS regulation and is exploring payments with Grab. Singapore-based stablecoin issuer StraitsX plans to extend its Singapore dollar-backed XSGD and US dollar-backed XUSD to the Solana blockchain by early 2026.…
LSEG launches Digital Settlement House to enable 24/7 blockchain-based settlement
London Stock Exchange has launched Digital Settlement House. DiSH is a platform for post-trade settlement with 24/7 tokenized commercial bank deposits. LSE has welcomed multiple crypto ETPs, the latest a Bitcoin and Gold ETP by 21Shares. London Stock Exchange Group has announced the launch of its digital settlement hub, a blockchain platform designed to offer…
Silent wallet drains raise fresh crypto security concerns across EVM networks
More than $107,000 in total losses have already been identified through on-chain analysis. No specific wallet provider or exploit vector has yet been confirmed by investigators. Attackers are siphoning small amounts under $2,000 per wallet, delaying detection and spreading risk widely. A new on-chain alert has drawn attention to a discreet but wide-reaching crypto theft…
DeadLock ransomware abuses Polygon blockchain to rotate proxy servers quietly
Group-IB published its report on Jan. 15 and said the method could make disruption harder for defenders. The malware reads on-chain data, so victims do not pay gas fees. Researchers said Polygon is not vulnerable, but the tactic could spread. Ransomware groups usually rely on command-and-control servers to manage communications after breaking into a system.…
How a governance failure led to the Unleash Protocol hack
An unauthorised contract upgrade enabled direct withdrawals from the protocol. Funds were bridged to Ethereum and laundered through Tornado Cash. Assets affected included WIP, USDC, WETH, stIP, and vIP. A governance failure at Unleash Protocol has resulted in a major security breach, with attackers draining around $3.9 million in user funds. The incident was first…