Headlines

Zilliqa Ledger app flaw exposes private keys, halts ZIL transfers

Zilliqa has suspended native ZIL transactions after disclosing a critical flaw in its Ledger application that can allow attackers to recover private keys from public transaction signatures.  Summary Zilliqa halted native transactions after a Ledger app flaw exposed private keys from public signatures. Accounts signing roughly five native transactions with Ledger devices should be treated…

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Thrift Banks Eye AI, Digital Banking at 52nd Annual Convention

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Chamber of Thrift Banks (CTB) opened its 52nd Annual Convention on July 15 in Makati City, prioritizing the integration of artificial intelligence and digital services alongside traditional banking. The event gathered banking executives, regulators,…

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Coinbase Reveals How One Configuration Error Triggered a 50-Minute Outage

Key Takeaways Coinbase traced the 50-minute outage to an undetected Kubernetes resource name collision during a routine infrastructure update. The incident disrupted transfers, Coinbase Card debit purchases, institutional settlements, and onchain services across multiple platforms. The outage also disabled Coinbase’s normal rollback process, prompting new safeguards and infrastructure changes. Coinbase Explains What Went Wrong Crypto…

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Crypto PAC pours nearly $1M into Michigan race backing Thanedar

A crypto-backed political action committee has spent nearly $1 million in Michigan’s 13th Congressional District Democratic primary as the industry continues directing money toward candidates it views as supportive of digital asset policy. Summary Protect Progress spent nearly $1 million backing Thanedar while funding opposition advertising against Donavan McKinney. Thanedar backed major crypto bills, making…

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SwiftPay Launches SwiftGuard to Help Banks Meet BSP Anti-Fraud Rules

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. SwiftPay, the enterprise payments arm of Bangko Sentral ng Pilipinas (BSP)-regulated Swift Technology Ventures Inc., has launched SwiftGuard, a real-time fraud-detection and decisioning layer aimed at helping local banks and BSP-supervised financial institutions (BSFIs) comply…

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Crypto Industry Launches First Major Legal Challenge to Illinois’ Digital Asset Tax

The case centers on equal treatment, with challengers claiming blockchain users should not face different tax rules than traditional finance. The Digital Chamber has filed a lawsuit to block Illinois’ upcoming crypto tax. The industry advocacy group argues that the tax unlawfully targets blockchain transactions for discriminatory reasons. Illinois Faces Legal Challenge Over Crypto…

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