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Hackers exploited Wanchain’s bridge connecting Cardano and BNB Chain, draining about 515 million NIGHT tokens valued at roughly $9 million and forcing the affected cross-chain route to suspend operations. The attack targeted infrastructure operated by Wanchain rather than the Cardano or Midnight blockchains. Midnight Foundation said its network, validators and consensus system remained secure, seeking to contain concern that the breach had compromised the underlying privacy-focused protocol. […]

Mirae Asset Group has completed its acquisition of Korbit, placing South Korea’s first cryptocurrency exchange under the control of one of the country’s largest financial conglomerates and accelerating the convergence of traditional finance and digital assets. Mirae Asset Consulting became Korbit’s largest shareholder after completing regulatory and transaction procedures. The deal gives the group control of more than 90 per cent of the exchange, following an agreement […]

Three cryptocurrency protocols linked to Bitcoin and Ethereum lost more than $35 million in a series of attacks within about six hours, exposing persistent weaknesses in cross-chain bridges, administrative controls and contract validation systems. The largest loss was recorded by AFX Trade, a perpetual futures platform operating through an independently managed bridge on Arbitrum. Attackers removed about $24.15 million in USDC before transferring the assets from Arbitrum […]

The XRP Ledger has processed more than one million transactions initiated by artificial intelligence agents, highlighting the rapid emergence of machine-controlled payments across blockchain networks. The milestone was disclosed as developers expand systems that allow autonomous software to purchase data, computing capacity and other digital services without requiring a person to approve every payment. Ayo Akinyele, head of engineering at RippleX, expects activity to accelerate sharply, potentially […]

London Stock Exchange is preparing to open a near-continuous weekday trading venue designed for algorithmic systems and AI-enabled trading, extending access to its markets across Asian, European and American time zones. The new platform, London Stock Exchange 24, or LSE 24, is scheduled to enter client testing by the end of 2026. Exchange-traded products will become its first asset class during the first half of 2027, subject […]

Arabian Post Staff -Dubai Changer. ae and Tether have signed a memorandum of understanding to examine regulated cross-border settlement services using USD₮, expanding efforts to build institutional digital asset infrastructure within Abu Dhabi Global Market. The agreement brings together Changer, an Abu Dhabi-based virtual asset custodian regulated by the Financial Services Regulatory Authority, and Tether, issuer of the world’s largest dollar-linked stablecoin. The companies will assess USD₮-to-fiat […]

Arabian Post Staff -Dubai Dubai Future District Fund has expanded its portfolio to 30 investments, confirming that the future is now sufficiently diversified to survive several pitch decks, two market corrections and at least one founder describing an ordinary payment service as “transformational infrastructure”. The fund made eight new investment commitments during 2025, including five venture capital funds and three high-growth companies. Its portfolio now consists of […]

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Citadel Securities has invested $400 million in cryptocurrency exchange Crypto. com, valuing the Singapore-based trading platform at $20 billion as established financial groups deepen their involvement in digital assets. The strategic investment will support Crypto. com’s expansion beyond cryptocurrency trading into tokenised securities, derivatives and other blockchain-based financial products. The transaction also gives the exchange a powerful institutional partner with extensive expertise in liquidity provision, pricing and […]

Revolut has secured in-principle approval from Dubai’s Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, advancing the financial technology group’s plan to build a regulated digital finance platform in the country. The proposed Virtual Assets Service Provider licence would permit Revolut to provide broker-dealer, management and investment, and exchange services. Full operations will remain subject to the company meeting VARA’s conditions and obtaining final […]

Arabian Post Staff -Dubai Dealing. com has secured a Guinness World Records title after making 24,343 tokenised stocks available for trading on a single investment platform, placing the Dubai-linked service at the centre of efforts to widen access to global securities through blockchain infrastructure. The title for the “Most Tokenised Stocks Available for Trading on a Single Platform” was presented to Tajinder Virk, co-founder and chief executive […]

SBI Holdings and the Solana Foundation have formed a strategic partnership to develop an on-chain financial market centred on Japan, spanning stablecoins, tokenised securities, institutional services and cross-border settlement infrastructure. The collaboration will involve the Solana Foundation acquiring a stake in SBI R3 Japan, a blockchain-focused company jointly backed by SBI Holdings and Sumitomo Mitsui Financial Group. SBI R3 Japan is set to be renamed SBI Solana […]

Arabian Post Staff -Dubai ADI Chain has secured a $50 million strategic investment to accelerate the international deployment of blockchain infrastructure designed for governments, enterprises and regulated digital-asset markets. The funding will support network expansion, institutional integrations and the development of applications that connect public blockchain technology with national payment systems, financial institutions and large corporate users. The company did not disclose detailed commercial terms of the […]

Polymarket has filed regulatory applications that could allow its United States prediction-market business to offer margin trading, a major step towards introducing leveraged event contracts to American customers. The applications were submitted to the National Futures Association on July 3 through PM Derivatives LLC. They seek registration as a futures commission merchant, membership of the industry regulator and approval to operate as a swap firm. Coming Home […]

Securitize’s shares have fallen about 40 per cent since the BlackRock-backed tokenisation firm completed its public listing through a Cantor Fitzgerald-linked blank-cheque vehicle, exposing a sharp gap between investor enthusiasm for blockchain-based financial infrastructure and the early trading performance of companies entering public markets through SPAC deals. The company, now trading on the New York Stock Exchange under the ticker SECZ, slipped to about $8 after opening […]

Arabian Post Staff -Dubai DMCC has launched a dedicated cybersecurity vertical as part of a wider restructuring of its technology ecosystem, bringing more than 4,000 technology companies under the newly formalised DMCC Tech platform. The new unit, DMCC Cyber, is designed to support businesses working across cyber resilience, digital trust, data protection, identity management, and governance, risk and compliance. It will sit alongside the DMCC AI Centre, […]

Ripple has secured full authorisation under the European Union’s Markets in Crypto-Assets framework, clearing the San Francisco-based blockchain payments company to expand regulated crypto services across the European Economic Area. The approval, granted through Luxembourg’s financial regulator to Ripple Payments Europe S. A., gives the company a Crypto Asset Service Provider licence and allows it to passport services across 30 EEA markets. It follows a preliminary clearance […]

Securitize began trading on the New York Stock Exchange under the ticker SECZ after completing its merger with Cantor Equity Partners II, giving the tokenisation platform a public-market foothold at a time when Wall Street is testing blockchain rails for regulated securities. The Miami and New York-based company closed its business combination on 1 July, with trading starting the following day. The deal is expected to raise […]

Arabian Post Staff -Dubai Mastercard has joined a consortium of more than 140 companies backing Open USD, a new dollar-pegged stablecoin designed to lower the cost of business payments and widen corporate use of blockchain-based settlement. The initiative, run by Open Standard, brings together payment networks, banks, technology companies, crypto platforms and asset managers in an attempt to create a shared stablecoin infrastructure rather than a token […]

Dubai’s virtual asset sector has reached a fresh regulatory marker after the Virtual Assets Regulatory Authority issued its 50th Virtual Asset Service Provider licence to Tribe Tokenisation FZE, strengthening the emirate’s push to build a supervised digital-finance industry. The licence, recorded on VARA’s public register as VL/26/06/002 and issued on 22 June 2026, authorises Tribe Tokenisation FZE for broker-dealer services. Its addition takes the number of active […]

A broad group of payment, banking, technology and crypto firms has joined Open Standard to introduce Open USD, a US dollar-backed stablecoin designed for large-scale business payments and digital settlement. The initiative brings together more than 140 companies, including Visa, Mastercard, American Express, BlackRock, Coinbase, Stripe, BNY, Standard Chartered, Google, Shopify, Coinbase, Ripple, Fireblocks, Gemini, MetaMask, Emirates NBD and Abu Dhabi Islamic Bank. Open USD, trading under […]

Tether is moving to turn its multibillion-dollar bullion base into an active lending instrument, with holders of its gold-backed XAU₮ token set to borrow against their digital claims on physical gold without selling the underlying asset. The plan extends the company’s tokenised gold strategy into collateralised credit, a market structure already familiar to holders of bitcoin who use digital assets to obtain liquidity while keeping exposure to […]

Bitcoin slipped below $60,000 in the final week of June as digital assets endured one of their sharpest weekly reversals of the year, with Dogecoin, XRP and Solana showing relative resilience while broader market sentiment weakened under pressure from interest-rate expectations, a stronger dollar and fund outflows. The largest cryptocurrency changed hands near $59,873 after briefly falling through a level watched closely by traders for signs of […]

Avalanche has launched the Avalanche Payments Collective, bringing together 28 financial and technology groups including VanEck, Franklin Templeton, Anchorage Digital and Paxos in a push to build blockchain-based infrastructure for global payments, treasury management and settlement. The initiative, unveiled on Thursday, is designed to consolidate a payments ecosystem around Avalanche’s blockchain network, covering stablecoins, custody, foreign exchange, card issuance, business payments, asset management, global payouts and on-chain […]

A macOS backdoor linked to North Korea-aligned cyber operations has exposed a new weakness in security workflows by embedding instructions designed to confuse artificial intelligence systems used by malware analysts. The malware, tracked as macOS. Gaslight, is written in Rust and contains a 3.5 KB prompt-injection payload made up of 38 fabricated “system” messages. The messages are not aimed at Apple’s operating system or at a conventional […]

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