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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US government isn’t waiting for Congress to settle the debate over cryptocurrency regulation. Speaking at Ripple’s Swell conference in New York on October 27, Treasury Secretary Scott Bessent outlined how federal regulators could move forward after the CLARITY Act failed to advance in the Senate. His proposal involves closer cooperation between the Treasury Department, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC). For crypto companies still waiting for clearer operating rules, the message was encouraging. Washington wants to keep moving. The…

In brief South Korean crypto exchange Bithumb said an outside party accessed its internal mobile groupware system and leaked personal information. The exchange is investigating whether customer data was among the information exposed, though an industry source told Yonhap some had leaked. Brokerage Daishin Securities and asset manager Mirae Asset Global Investments also reported breaches, as authorities inspect the incidents. Bithumb, South Korea’s second-largest crypto exchange, said an unauthorized outside party had accessed its internal mobile groupware system, resulting in a leak of personal information, according to Yonhap News Agency.The exchange is investigating whether customer data was compromised, Reuters reported,…

In brief Circle has tapped ACI Worldwide to integrate USDC settlement into existing banking infrastructure across Latin America, starting with a pilot in Colombia built on ACI’s Bre-B instant-payments system. The effort pairs Circle’s USDC with ACI’s Connetic orchestration platform to show banks how stablecoin settlement can run alongside traditional rails. It extends Circle’s regional push into dozens of emerging markets and an earlier USDC foothold via Mercado Pago. Circle is extending its reach across Latin America, teaming up with payments-technology firm ACI Worldwide to fold USDC settlement into the region’s existing banking rails, starting with a pilot in Colombia.Announced…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A major Bitcoin-related accounting controversy has shaken investor confidence in Datavault AI, sending its shares down nearly 50% after the company revealed difficulties accessing cryptocurrency associated with a $150 million investment agreement. We believe the development raises an important question for companies adopting Bitcoin as a treasury asset: What happens when cryptocurrency appears on a balance sheet but cannot be transferred when needed? Datavault AI’s latest disclosures reveal that the problem extends beyond cryptocurrency custody, potentially affecting the company’s financial reporting, liquidity assumptions, and ability to secure…

In brief Intel, Oracle, IBM and IonQ joined the list of companies objecting to trading of their shares on OKXICE TSV, according to its Oct. 26 notice. The total has climbed from nine on Oct. 15 to 26, though the notices don’t explain the objections or their effect. The notice says it’s uncertain whether tokenized shares in self-custodied wallets would be protected by SIPC if the tokenizer’s broker-dealer failed. The tech sector’s resistance to tokenized stocks keeps building.Intel, Oracle, IBM, and quantum computing firm IonQ are the latest companies to object to having their shares traded on OKXICE TSV, according…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Solana’s Firedancer team now requires researchers to burn 1 SOL per bug report to combat AI-generated submissions flooding its security program. TLDR Firedancer, the Solana validator client built by Jump Crypto, now requires researchers to burn 1 SOL (about $100) per bug report. The fee is nonrefundable, even for invalid, out-of-scope or duplicate reports. A recent audit contest drew 809 reports but produced only 127 unique security findings, and Jump believes AI helped create nearly all of them. Jump is temporarily boosting rewards, with critical Alpenglow flaws…