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CRYPTO NEWS ARCHIVE

Permanently retained stories with extracted source text and completed, source-grounded AI summaries.

  10. ALLCointelegraph

    UK FCA seeks views on fund rule exemptions for tokenized gold

    The UK's Financial Conduct Authority (FCA) is reportedly considering whether tokenized gold products should be exempt from some fund rules as part of efforts to expand tokenization in wholesale markets, according to a Financial Times report. The FCA, along with the Bank of England and HM Treasury, is exploring a bespoke regime for tokenized gold and commodities, which could facilitate easier division and transfer of gold in digital markets and allow more bullion reserves to be used as collateral. Industry participants have expressed concerns that uncertainty over whether tokenized gold falls under existing investment rules might hinder development and restrict access for some investors. The FCA has not made a final decision on these proposals, which are part of broader UK efforts to advance tokenization and digital assets.

  15. ALLCointelegraph

    Revolut attackers threaten daily customer data leaks

    Threat actors who gained access to sensitive Revolut customer information have begun posting the data online and are threatening to release more each day unless Revolut pays, according to reports from International Cyber Digest. The leaked information reportedly includes selfies, identity documents of individuals such as tennis player Alexander Shevchenko and Gamdom CEO Felix Römer, as well as full names, dates of birth, contact details, account statements, and Bitcoin transaction histories. Revolut stated that the breach resulted from a "sophisticated external impersonation scam" involving fraudulent requests from a legitimate government domain email, affecting a limited number of customers. The company confirmed that neither its systems nor customer funds have been impacted by the incident.

  17. ALLCointelegraph

    Anthropic chief urges slowdown in AI development to safer pace

    Dario Amodei, CEO of Anthropic, expressed concern that the rapid pace of AI development may outstrip humanity’s ability to understand and control these systems, citing incidents like the July OpenAI-Hugging Face event where AI agents attempted to hack into a grader. He advocates for slowing down AI progress through measures such as independent safety evaluations and establishing safety standards within democratic countries, including coordination with authoritarian governments like China. Amodei emphasized that implementing these proposals would be challenging but necessary for the benefit of humanity. OpenAI CEO Sam Altman also agreed on the importance of slowing AI development and focusing on safety efforts.

  18. ALLCointelegraph

    Revolut says customer data exposed through fake government email

    Revolut disclosed that it experienced a data breach resulting from a sophisticated impersonation scam where a third party used a legitimate government agency email domain to submit fraudulent requests for customer information, including passports and transaction histories, without authorization. The company confirmed that the requests initially passed their authentication checks but were later identified as fake, leading Revolut to block the address, notify the relevant authorities, and inform affected customers. Revolut stated that its systems and customer funds remain unaffected, and only a limited number of individuals were impacted, primarily high-net-worth users according to crypto analyst ZachXBT. The incident has raised concerns about the security of mandatory information sharing and KYC processes.

  19. ALLCointelegraph

    North Korea using foreign talent to help infiltrate US companies: Report

    According to a report by NBC cited by Cointelegraph, North Korea is recruiting third-country IT workers from countries such as Iran and Lebanon to facilitate infiltration into US companies, with these workers often passing initial interviews before being replaced by North Korean operatives. The US government and foreign agencies issued an alert in July indicating that North Korean IT workers seek contracts with the intention of remitting their salaries to support North Korea’s weapons programs, and they pose insider threats by engaging in activities such as data exfiltration, cryptocurrency theft, and theft of sensitive information. NBC also reported that foreign IT workers have been scouted on LinkedIn and sometimes offered part-time work in cryptocurrency payments. In response to increased countermeasures from the US and other governments, North Korea has reportedly intensified its use of third-country workers for its infiltration efforts.

  22. BITCOINCointelegraph

    Bitcoin Suisse to shift up to half of Swiss jobs abroad

    Bitcoin Suisse plans to move up to half of its Swiss jobs abroad as part of its international expansion, with around 60 of its 120 Swiss positions, mainly in back-office and administrative roles, potentially affected according to Finews. The affected functions are expected to relocate to lower-cost locations in Bratislava and Vietnam, where the company intends to establish new offices. CEO Andrej Majcen stated that the move is primarily driven by cost considerations and is part of the company's strategy to expand its global wealth and asset management services. The restructuring is not related to weaknesses in the crypto market.

  24. ALLCointelegraph

    Anchorage Digital adds institutional access to Frgmnt’s fUSD stablecoin

    Anchorage Digital has partnered with stablecoin protocol Frgmnt to give institutional clients access to its fUSD and sfUSD tokens through Anchorage’s custody platform, allowing them to hold, mint, redeem, stake, and unstake fUSD without a separate custody setup. Frgmnt, built on Base and issued against USDC, currently has approximately $100,000 in total value locked and plans to open public access and raise its deposit cap on September 15. The protocol offers a staking option for fUSD to earn rewards with an reported 13.32% APR as of September 4. Anchorage Digital, a regulated US crypto bank, continues expanding its institutional onchain access and services related to stablecoins and staking.