Ondo Finance, a leading platform in digital asset tokenization, has announced its agreement to acquire Oasis Pro, a U.S.-regulated broker-dealer. The strategic acquisition will allow Ondo to significantly expand its operations in the U.S. securities market by leveraging essential regulatory licenses. Ondo Finance Gains Broker-Dealer, ATS, and Transfer Agent Licenses Through the acquisition, Ondo will obtain a bundle of U.S. securities licenses, including: These licenses are regulated by the U.S. Securities and Exchange Commission (SEC) and are critical for operating legally within the U.S. market for digital securities. The deal is currently pending regulatory approval. The Growing Demand for Tokenized…
Author: Blockto Team
A major cyberattack targeting Brazil’s financial infrastructure has resulted in the theft of $140 million, with attackers now laundering a significant portion of the stolen funds through cryptocurrency exchanges and over-the-counter (OTC) desks in Latin America. $30M–$40M in Stolen Funds Converted to Crypto According to blockchain investigators, the hackers have already laundered between $30 million and $40 million in digital assets. These funds were converted into Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) through Latin American OTC desks and crypto exchanges. This laundering process allows attackers to obscure the origins of the stolen fiat currency, complicating tracking efforts by law…
Cosmos’ ATOM token faced significant downward pressure over the past 24 hours, dropping nearly 4% as traders pushed the asset closer to a key psychological support level at $4.00. The decline reflects growing market uncertainty and aligns with a broader pullback in altcoins following Bitcoin’s recent price correction. ATOM/USD Slips Below Key Support as Bearish Momentum Builds Between July 3 at 15:00 and July 4 at 14:00, the ATOM/USD pair fell from $4.22 to $4.06, marking a 3.95% drop in just 24 hours. The selling intensified during the U.S. holiday session, with volume surging to 588,338 units—well above the daily…
Technical Framework Proposed for Canadian Digital Dollar The Bank of Canada has released a new research paper outlining a technically viable system design for a retail central bank digital currency (CBDC). The study introduces OpenCBDC 2PC, a model developed in collaboration with MIT’s Digital Currency Initiative, emphasizing speed, privacy, and decentralization. This marks a renewed focus on the digital Canadian dollar, despite the central bank’s 2024 announcement to delay retail CBDC development unless public demand increases. Privacy at the Core of the Design A primary focus of the proposal is enhancing user privacy—a critical concern globally in CBDC debates. The…
Dogecoin Forms Bullish Double-Bottom Near Key Support Dogecoin (DOGE) is showing signs of a bullish reversal, forming a double-bottom pattern around the $0.15 support level. This classic technical pattern indicates strong buyer interest and often precedes a significant price rebound. After trading between $0.13 and $0.25 since February, DOGE is now attempting to break above short-term resistance levels, currently hovering near $0.1626. The breakout above a descending trendline in early July further supports the bullish thesis, with technical momentum now pointing toward a move higher. DOGE Price Faces Critical Resistance at $0.177 DOGE faces its first major resistance at $0.177,…
In a strategic leadership move, Binance, the world’s largest cryptocurrency exchange, has appointed Gillian Lynch, a seasoned fintech executive and former Gemini Europe CEO, as its Head of Europe and UK. The hire comes as Binance intensifies efforts to meet the EU’s Markets in Crypto-Assets Regulation (MiCA) and regain regulatory footing across Europe. Gillian Lynch Brings Deep Compliance and Fintech Experience Lynch brings over 20 years of experience in financial services and digital assets, having held key leadership roles at: Her appointment follows Binance’s exit from key markets like the Netherlands and the UK, where regulatory hurdles, particularly around registration…
A malicious Solana trading bot repository on GitHub has been exposed for distributing crypto-stealing malware, according to a detailed investigation by blockchain security firm SlowMist. The scam highlights an alarming rise in software supply chain attacks targeting unsuspecting crypto users. Fake GitHub Repo Disguised as Solana Pump Bot The repository, hosted under the account “zldp2002,” posed as an open-source Solana pump-and-dump trading bot called solana-pumpfun-bot. With a deceptively high number of stars and forks, the project initially appeared trustworthy. SlowMist launched the investigation after a user reported wallet theft linked to the tool. The repository has since been deleted. Malware…
As digital assets become central to global finance, Western nations are racing to define crypto regulation frameworks. While the European Union and United Kingdom push forward with structured—but cautious—rules, the United States is emerging as a surprising leader, driven by political momentum, legislative action, and massive ETF adoption. United States: From Uncertainty to Acceleration In 2025, the U.S. crypto landscape is undergoing a dramatic shift. As crypto becomes a hot topic in the presidential election cycle, policymakers have accelerated efforts to clarify digital asset legislation. “Crypto has become a front-line topic in U.S. politics, which shows its global relevance,” says…
Bitcoin Current Price Action and Support Breakdown Bitcoin (BTC) is currently trading below the critical $108,000 level, hovering around $107,764, following a 1.5% intraday decline. This sharp retracement has pushed the leading cryptocurrency away from its recent highs near $110,000, signaling increasing market hesitation as macroeconomic uncertainties resurface. The $108K level had been acting as a psychological and technical support for the past few weeks. Its breakdown suggests a potential short-term bearish shift, especially as institutional inflows slow and open interest in futures contracts sees a notable drop. Technical Outlook: Bearish Pressure Builds From a technical analysis standpoint, Bitcoin faced…
Russian state-owned conglomerate Rostec is preparing to enter the digital asset space with the launch of RUBx, a ruble-pegged stablecoin built on the Tron blockchain, along with RT-Pay, a smart contract-based payment system that integrates directly with Russia’s banking infrastructure. What Is RUBx? A Ruble-Pegged Token on Tron According to Russian news agency TASS, each RUBx token will be backed 1:1 with the Russian ruble held in a treasury account, with Rostec serving as the sole issuer and operator. The stablecoin’s value will be legally anchored through ruble-denominated obligations, ensuring consistent pegging to the fiat currency. RUBx is being designed…