Headlines

Malaysia and Thailand Central Banks Join Singapore’s BLOOM as Roster Hits 24 Firms

Maybank, one of nine new BLOOM participants, already runs one of Bank Negara Malaysia’s three ringgit stablecoin and tokenized deposit pilots, while Thailand’s Kasikornbank was in the group before the Bank of Thailand. Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) joined BLOOM, Singapore’s cross-border settlement initiative for stablecoins and tokenized deposits,…

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Senator Probes Tether’s Reported $6M Deal With Firm Tied to Ex-Trump Crypto Advisor

Key Takeaways Sen. Richard Blumenthal is probing Tether’s reported $6.3 million payments to a consulting firm co-owned by former White House crypto adviser Bo Hines. Blumenthal raised concerns that Hines may have influenced stablecoin legislation benefiting Tether while retaining an ownership stake in the firm. Blumenthal requested contracts, payment records, and communications from Tether and…

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Ethereum Delays Glamsterdam Testing After 13 Contracts Trigger Concerns

Key Takeaways Ethereum developers canceled Glamsterdam’s Oct. 26 Hoodi activation following security concerns. Swiss blockchain cybersecurity and smart contract auditing firm Chainsecurity identified 13 deployed contracts vulnerable to potentially permanent failure states. Ethereum’s tentative December launch faces uncertainty, but mainnet users need take no action. Ethereum Delays Glamsterdam Testing After Security Flaws Threaten Contracts Ethereum’s…

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