Coinbase (COIN), Bybit said to be working together on tokenization, custody and distribution of U.S. stocks

Cryptocurrency exchange Coinbase (COIN) is working with Bybit, one of the largest cryptocurrency trading platforms, to explore ways to tokenize, custody and distribute assets such as U.S. public stocks and pre-IPO shares, a person familiar with the matter told CoinDesk. The person, who requested anonymity because he was directly involved in the discussions, said the…

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Navy warns US sailors to secure social media from Iran online threats

The Navy is advising sailors to protect their electronic devices, social media accounts and personal information as the U.S.-Israeli war in Iran increases cyber threats to service members. in a unconfidential memorandum Secretary John Phelan has issued a warning to Navy personnel, saying “adversary cyber actors” are trying to “psychologically influence” sailors and their families…

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RWA news: Tether backs UAE tokenization firm KAIO in $8M funding round

Abu Dhabi-regulated tokenization company KAIO said on Monday it had raised $8 million in a strategic funding round backed by Tether and several other cryptocurrency and institutional investors as it builds infrastructure to bring traditional funds into the blockchain orbit. This round brings KAIO’s total funding to $19 million. New investors include Systemic Ventures, Further…

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Global stablecoin rules slow down as BIS urges cooperation to avoid fragmentation risks

Work on setting global standards for stablecoins has slowed over the past year, raising concerns among central bankers who fear regulatory gaps could fragment markets and amplify risks. Reuters reported last week that Andrew Bailey, governor of the Bank of England and chairman of the Financial Stability Board, said progress on international rules had stalled….

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Alarms sound in the cockpit as two Southwest jets fly dangerously close near Nashville International Airport

Two Southwest Airlines Boeing 737s were forced to perform evasive maneuvers at Nashville International Airport on Saturday after a collision alert in the cockpit warned pilots that the two planes were too close. Southwest Flight 507 from Myrtle Beach, South Carolina, landed in gusty winds at the same time Southwest Flight 1152 took off from…

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Kelp DAO hits back at LayerZero for trying to shift the blame after a massive exploit

The popular Spider-Man meme showing three identical superheroes pointing fingers at each other is having its crypto moment today. An L2 source familiar with the matter told CoinDesk that the Kelp DAO will push back against LayerZero’s post-mortem of the $290 million vulnerability on Sunday, which essentially blamed Kelp. Kelp plans to dispute the cross-chain…

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