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Blockchain News page 21

The infrastructure and the law around it: bank charters, custody rules, AML regimes, tokenised funds and the enterprise deployments that are actually in production. This is where crypto meets the institutions that have to sign things off.

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The two firms tested a blockchain-based US Treasury token to settle a repurchase agreement faster than traditional methods allow. BNY and Citadel Securities have conducted a test using tokenized US Treasury securities to support a repurchase agreement, according to reports from UNLOCK Blockchain and crypto.news.

The move expands wallet-based infrastructure for autonomous AI transactions on the XRP Ledger, as usage volume crosses a new milestone. Ripple has added wallet technology owned by Stripe to the XRP Ledger, according to reporting from CoinDesk and BeInCrypto.

The Ethereum layer-2 network's new feature aims to stop outside observers from linking a user's DeFi activity to a single wallet. Starknet, a layer-2 scaling network built on Ethereum, has launched a feature called Shadow Accounts. The tool is designed to prevent wallets used for decentralized finance activity from being linked together by outside observers.

The exchange, which reportedly holds about 5% of all bitcoin in circulation, is pushing for adaptable cryptographic upgrades ahead of any quantum computing threat. Coinbase has laid out its thinking on how Bitcoin should prepare for a future in which quantum computers could threaten existing cryptographic protections.

The deal will see the two firms explore digital asset custody and tokenized products in the South Korean market. Ripple has announced a new partnership with Meritz Securities, a South Korean financial firm, to explore custody and tokenization offerings.

The network overhaul aims to sharply reduce the time it takes transactions to become irreversible on Solana. Solana developers have scheduled October 21 as the rollout date for the Alpenglow upgrade. The update is designed to bring transaction finality down to approximately 150 milliseconds.

The central bank is stepping back from direct stablecoin issuance as Seoul tightens oversight of crypto trading platforms. The Bank of Korea has decided against issuing its own stablecoin, according to crypto.news. The central bank's position marks a clear signal about how it views its role in the country's fast-growing digital asset sector.

The exchange's new product will let users trade stock-linked tokens around the clock, though holders will not own actual shares. Bybit has announced plans to launch mStocks next month, a new offering that brings tokenized equity trading to its platform.

The asset manager's fixed-income fund now trades yield directly on the Pendle protocol under the FLHYon ticker. Franklin Templeton has launched a tokenized high-yield bond ETF on Pendle under the ticker FLHYon, according to reports from CryptoBriefing, Coinfomania, and The Cryptonomist.

The hardware wallet maker says tampered units secretly transmitted private keys over a mobile network. Ledger has detailed a security incident involving devices sold by a vendor identified as CryptoBilis, which allegedly contained covert components capable of transmitting cryptocurrency wallet keys over a mobile network.

A London court decision strengthens the British government's position over roughly 61,000 seized Bitcoin worth close to $5 billion. A UK court has issued a ruling that complicates efforts by Chinese fraud victims to claim the full market value of roughly 61,000 Bitcoin seized by British authorities.

The closure adds to mounting evidence that the NFT trading boom has faded. Blur, the NFT marketplace that rose to prominence by courting high-volume traders with token rewards, is winding down operations. According to crypto.news and Decrypt, the platform will shut down its website and stop originating new loans through its Blend lending product next…

Regulators in Seoul target unregistered trading platforms as officials weigh whether the move will redirect capital to licensed domestic exchanges. South Korean regulators have taken steps to block access to 27 cryptocurrency exchanges that lack proper registration in the country.

Officials reportedly worry that artificial intelligence tools could become a trigger for the next financial crisis. US financial regulators are increasing their scrutiny of artificial intelligence deployment across the banking sector, according to reporting from CryptoBriefing.

The incident adds to a growing list of physical attacks targeting crypto holders over their digital wealth. A crypto trader based in the United Kingdom has reported being robbed of approximately $800,000 during a violent home invasion.

Onchain data shows a wallet untouched since the 2020 market crash has resumed activity, reviving questions about long-term holder behavior. A Bitcoin wallet that had shown no activity for six years has moved approximately $378 million worth of BTC, according to onchain data cited by The Block and CoinDesk.

CryptoBriefing describes KB Kookmin Card and SBI Holdings as pursuing separate, unlinked initiatives, while crypto.news reports the two companies signed a four-party MOU together with Everspin and SBI Everspin. CryptoBriefing describes KB Kookmin Card and SBI Holdings as pursuing separate, unlinked initiatives, while crypto.news reports the two companies signed a four-party MOU together with Everspin…

The Layer-1 network has deployed a new transaction privacy layer aimed at blocking common forms of on-chain exploitation. Aptos has introduced an Encrypted Mempool, a new system built to protect users from frontrunning and sandwich attacks on its network. The feature was reported by Cointelegraph and crypto.news within hours of each other on October 13.

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