Crypto News
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Dubai’s VARA and Securitize Sign MoU on Tokenization Innovation
VARA and Securitize signed an MoU to promote tokenization innovation in Dubai and explore potential regulatory approaches for tokenized financial innovation across the region, Cointelegraph reported.
Cointelegraph
TrueUSD defendant given days to disclose source of legal funding in $456 million case
A TrueUSD defendant in a $456 million court case must submit an affidavit identifying sources of legal funding within days. Any sanctions would require a separate application from Techteryx.
CryptoSlate
Nearly $10 Million at Risk as Ethereum Layer 2 Prepares to Shut Down
Nearly $10 million could be stranded on an Ethereum layer 2 after deposits were halted and the network announced plans to shut down. CryptoSlate said users must follow differing exit procedures before New Year’s Eve to avoid possible loss.
CryptoSlate
TAC blockchain remains frozen after exploit triggers 1.26 billion-token bailout
TAC has remained frozen for more than 10 days after an exploit led to a 1.26 billion-token bailout. A transaction emptied 28.6% of the bonded pool, while 1.66 billion attacker-held TAC remains unresolved.
CryptoSlate
OpenAI’s Astra Reportedly Gains Critical Hacking Capabilities
OpenAI’s unreleased Astra model can reportedly find zero-day vulnerabilities and combine them into working exploits without step-by-step human guidance. Decrypt says access to the capability is beginning with a small group of testers.
Decrypt
Layer-1 blockchain freezes for four hours after $4.9 million exploit
CryptoSlate reported that a layer-1 blockchain paused for about four hours after a $4.9 million exploit. An emergency patch disabled binary-options settlement, while researchers linked an address holding roughly 1,980 ETH to the incident.
CryptoSlate
Cardano Clears Constitutional Committee Renewal Thresholds by 0.18%
Cardano’s constitutional committee renewal vote passed key thresholds by a 0.18% margin. CryptoSlate reported that non-participating SPO stake weighed against renewal, even though it was not recorded as an explicit “No” vote.
CryptoSlate
London Stock Exchange operator plans tokenized UK stocks with Kraken parent
The London Stock Exchange operator is reportedly working with Kraken’s parent on 24/5 exposure to tokenized UK equities, as traditional financial institutions accelerate efforts to develop blockchain-based stock offerings.
Cointelegraph
Cronos pauses network after alleged $75 million Tectonic lending exploit
Cronos validators halted the network after an alleged $75 million exploit at Tectonic. CoinDesk said the attacker inflated thinly traded TONIC by 100 times, used it as collateral and left most borrowed funds stranded.
CoinDesk
Polygon Patched Security Flaws in Austin and Kyoto Hard Forks Before Disclosure
Polygon quietly fixed denial-of-service and consensus-hardening flaws in the Austin and Kyoto hard forks before disclosure. The network said the vulnerabilities, patched in Bor and Heimdall clients, were never exploited.
Decrypt
The Long Drive to Move Money Without Moving Wealth
CoinDesk traces the evolution of money transfer from hawala to Swift, showing how efforts to remove friction and physical handling have improved efficiency while creating new opportunities for increasingly sophisticated exploits.
CoinDesk