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Fed and OCC Probe Bank Security After Binance’s $6.3B Hack: Report

The Federal Reserve and Office of the Comptroller of the Currency (OCC) contacted U.S. banks following Binance’s $6.3 billion hack, Reuters reported Nov. 5. Supervisors sought information about suspicious activity,…

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JPMorgan and Wall Street Giants Block AI Agents Over Security Fears

America’s banking giants are drawing a line against autonomous artificial intelligence agents, restricting third-party software from moving customer money without proper authorization. JPMorgan Chase, Citigroup and other financial institutions are…

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JPMorgan Lends Its Expertise to Solana’s Atomic Settlement Program

On Tuesday, the Solana Foundation revealed an open-source escrow program called Solana DvP, calling it an “atomic settlement program built for financial institutions.” The foundation explained that the largest bank…

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SWIFT Services Provider Taps Chainlink to Bring 600 Banks Onchain

Chainlink and Bottomline are teaming up to give more than 600 banking customers access to blockchain-based cross-border settlement while allowing banks to keep using familiar payment messaging systems. Bottomline Brings…

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Saeed Al-Marri: How Tokenization Is Opening Maritime Shipping Funds

According to Saeed Bin Saleh Al-Marri, tokenization can lower entry barriers to expensive maritime assets by fractionalizing vessel ownership into smaller, digital units. However, it cannot magically eliminate underlying asset…

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Interactive Brokers Unleashes Stablecoin Rails, Slashes Crypto Trading Costs

Interactive Brokers announced a major expansion of its digital asset footprint on Tuesday, introducing nine new trading tokens and unveiling bidirectional account funding through prominent stablecoins. The Connecticut-based brokerage firm…

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$12 Trillion Vanguard Signals Deeper Crypto Push With New Head of Digital Assets Position

Vanguard, which manages about $12 trillion in global assets under management, is recruiting a senior executive to oversee digital assets within its Personal Wealth division, signaling a reassessment of how…

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