/bitcoin-atm-maker-shuts-cloud-service-after-user-hot-wallets-compromised
Bitcoin ATM maker shuts cloud service after user hot wallets compromised

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Bitcoin ATM manufacturer General Bytes said a hacker was able to install and run a Java application in its terminals that could access user information and send funds from hot wallets.

/fed-central-banks-enhance-swap-lines-to-combat-banking-crisis
Fed, central banks enhance ‘swap lines’ to combat banking crisis

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Currency swap lines have been used during times of crisis in the past, such as the 2008 global financial crisis and the 2020 coronavirus pandemic.

/venezuela-overhauls-national-crypto-department
Venezuela overhauls national crypto department

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A new board will lead the reorganization, headed by Anabel Pereira Fernández. The new team excludes Joselit Ramirez, who led the department since its inception in 2018.

/svb-uk-arm-issues-15m-pounds-in-bonuses-after-symbolic-bailout-report
SVB's UK arm issues 15M pounds in bonuses after symbolic bailout: Report

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Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following Silicon Valley Bank UK arm's "near-collapse.”

/switzerland-preparing-emergency-measures-for-ubs-takeover-of-credit-suisse-report
Switzerland preparing emergency measures for UBS' takeover of Credit Suisse: Report

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The emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation.

/us-midsize-banks-seek-fdic-insurance-on-all-deposits-for-2-years-report
US midsize banks seek FDIC Insurance on 'all deposits' for 2 years: Report

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The banking coalition reportedly argued that it would bring stability to the banking industry and reduce the chances of "more bank failures," in a letter to federal regulators.

/former-coinbase-cto-makes-2m-bet-on-bitcoin-performance
Former Coinbase CTO makes $2M bet on Bitcoin's performance

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Balaji Srinivasan has predicted Bitcoin will reach $1 million within 90 days as a consequence of hyperinflation in the United States.

/real-world-assets-tokenization-lacks-infrastructure-not-just-regulation
Real-world assets tokenization lacks infrastructure, not just regulation

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The next generation of securities and asset tokenization has been held back by a lack of infrastructure and regulatory standards worldwide, according to BlackRock’s Larry Fink.

/protego-s-conditional-national-bank-status-expired-without-approval-report
Protego’s conditional national bank status expired without approval: Report

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In a week when the crypto industry — and the rest of the world — was beset by bad news about banking, one more banking setback has come to light.