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CoinDCX has put a nearly $16 million price tag on a wallet incident its CEO initially dismissed as a false alarm.

The Indian exchange confirmed the loss in an October 25 update. It says the missing 15.99 million USDT came from retired infrastructure. The company says it has absorbed the cost and customer balances remain unaffected. Those assurances come from...


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HSBC is putting its first stablecoin inside an app millions of Hong Kong residents already use to pay people.

The bank announced RedCoin, ticker RCHKD, on October 23. It is denominated in Hong Kong dollars and launches through PayMe. HSBC says more than 3.3 million users will be able to activate a stablecoin wallet over the coming days. That is a potential ...


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Standard Chartered has signed a deal to take full ownership of Zodia Custody, bringing another piece of crypto's infrastructure closer to a major bank.

The October 21 announcement moves the transaction from an accepted non-binding offer to definitive agreements. Standard Chartered I H Limited would acquire 100% of Zodia Custody Limited. Regulatory approvals...


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Stablecoin issuers now have a final OCC rulebook, but submitting an application will not necessarily be enough to keep issuing coins after January.

The Office of the Comptroller of the Currency announced its GENIUS Act final rule on October 21. It takes effect on January 18, 2027. The agency also laid out a waiver process for existing issuers still awaiting...


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Moving crypto without copying a wallet address sounds like a small improvement until you remember what a wrong transfer can cost.

Zerohash just announced their new feature "AUTH" - account linking for transfers involving crypto, stablecoins and tokenized securities. Its


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