South Korea to Trial CBDC With 100,000 Users and 7 Banks

South Korea’s CBDC pilot will involve seven major banks issuing deposit tokens, enabling 100,000 participants to make digital payments at top retailers like 7-Eleven, Hyundai Home Shopping, and Kyobo Bookstore. South Korea’s CBDC Pilot to Test Deposit Tokens in Real-World Transactions South Korea’s central bank, the Bank of Korea (BOK), is gearing up to launch … Read more

Xapo Bank Unleashes Bitcoin-Backed Loans—Borrow up to $1M Without Selling BTC

Xapo Bank is revolutionizing bitcoin finance with a game-changing loan service—borrow up to $1M in USD without selling your BTC. Bitcoin-Backed Loans: A New Era of Crypto Credit Xapo Bank has introduced a bitcoin-backed loan service, enabling qualifying members to secure USD loans without liquidating their bitcoin holdings. The new offering, available through the Xapo … Read more

Minnesota senator proposes Bitcoin Act after going from skeptic to believer

Minnesota state Senator Jeremy Miller has introduced the Minnesota Bitcoin Act, which he drafted after completely changing his stance on Bitcoin. “As I do more research on cryptocurrency and hear from more and more constituents, I’ve gone from being highly skeptical to learning more about it, to believing in Bitcoin and other cryptocurrencies,” Miller said … Read more

EOS Network rebrands to Vaulta in shift to Web3 banking

The EOS Network, a blockchain that launched in 2018 amid the initial coin offering boom, has rebranded to Vaulta and will pivot to focusing on Web3 banking.  The switch to Vaulta is tentatively scheduled for the end of May and will include a new token and the establishment of an advisory group known as the … Read more

US Lawmakers Urge Trump to Drop Crypto Before It Hurts America

Several U.S. lawmakers have warned that President Trump’s crypto dealings and Elon Musk’s unchecked power endanger financial stability, weaken oversight, and erode public trust in government accountability. US Lawmakers Sound the Alarm Over Trump’s Crypto Ties and Musk’s Expanding Power Four U.S. senators, including Elizabeth Warren, along with Representative Jamie Raskin, sent a letter to … Read more

Four.Meme resumes operations after $120K sandwich attack

The BNB Chain-based memecoin launch platform Four.Meme has resumed operations after being hit with a sandwich attack that exploited it for around $120,000.   Four.Meme said in a March 18 X post that its launch function was back after inspecting and addressing a security issue. It had earlier suspended the function to investigate it, saying it … Read more

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