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Term Finance Reports Estimated $8.5 Million Loss Following Governance Exploit
Term Finance has reported an estimated $8.5 million loss after an attacker exploited the governance controls of its strategy vaults. Security firms said the hacker gained enough voting power to pass proposals that enabled control of the vaults, draining Ether and stablecoins. Term has halted its Meta Vaults while it works with external security exp...
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MANTRA Halts Network Transactions Following Unspecified Incident
MANTRA Chain has halted network operations while its engineering and security teams investigate an unspecified incident affecting the blockchain. The shutdown has stopped transactions and asset transfers, with validators, public nodes, bridge migration processes, and Inter-Blockchain Communication relays among the affected components. Deposits and ...
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1inch Introduces Aqua to Unite DeFi Liquidity on 13 Chains
Decentralised exchange aggregator 1inch has launched Aqua, a protocol designed to improve capital efficiency by unifying liquidity across 13 blockchain networks. Aqua enables users to allocate the same wallet balance across multiple DeFi strategies without locking funds into individual liquidity pools until trades are executed. The protocol combine...
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Solana Foundation Launches STRIDE Network to Strengthen DeFi Security
The Solana Foundation has launched the STRIDE Network to improve security across DeFi protocols. Developed with Asymmetric Research, the framework evaluates projects across multiple risk areas and introduces a real-time incident response network. The move comes amid rising exploit cases, as the industry looks to strengthen transparency, monitoring,...
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China Urges Banks to Use Blockchain for Lending, Tax Data Sharing
China is encouraging banks to adopt blockchain technology to enable secure sharing of tax data and improve lending processes. The initiative is expected to enhance transparency, reduce fraud risks, and make credit more accessible, especially for small businesses. It also reflects the country’s focus on using blockchain in regulated financial syst...
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MeitY Launches Blockchain India Challenge, Invites Startups to Solve Governance Problems
The Ministry of Electronics and Information Technology (MeitY) announced a new national-level initiative on Wednesday. It is intended to promote the use of blockchain technology in various sectors. The initiative has been named “Blockchain India Challenge.” This is a move towards developing indigenous blockchain solutions. MeitY stated that the...
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IBW 2025 Dates Announced: Week-Long Web3 Events Scheduled for December
India Blockchain Week (IBW) will return to Bengaluru from December 1 to 7 for its third edition, featuring conferences, workshops, and community events focused on Web3, AI, and blockchain regulation. Organised by Hashed Emergent, the week will include global speakers, developer programmes and ecosystem initiatives, with participation expected from ...
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Crypto Firms Form Global Alliance to Standardise Stablecoin Payments
A group of major blockchain organisations, including Solana Foundation, Polygon Labs, Stellar Development Foundation, and Fireblocks, has launched the Blockchain Payments Alliance to improve interoperability and compliance across stablecoin payments. The collaboration seeks to create unified standards for digital transactions, reduce fragmentation ...
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Telegram Founder Pavel Durov Launches Cocoon, a Decentralised AI Project on TON
Telegram founder Pavel Durov has announced Cocoon, a decentralised AI network built on The Open Network (TON). The platform allows users to earn Toncoin by sharing GPU power while maintaining control of their personal data. Cocoon’s launch highlights Durov’s push for privacy-driven AI innovation and builds on Telegram’s growing Web3 ecosystem...
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Visa to Add Support for Four Stablecoins Across Four Blockchains as Usage Surges
Visa is planning to expand support for four stablecoins across four blockchains as part of its growing digital asset strategy. The company aims to simplify cross-border settlements and enhance financial efficiency. With more than 130 stablecoin-linked programmes in 40 countries, Visa is positioning itself as a major bridge between traditional finan...
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Reliance Jio, Aptos to Launch Blockchain Rewards for 500 Million Users
Reliance Jio has joined hands with Aptos Foundation and Aptos Labs to launch a blockchain-based rewards platform for its 500 million subscribers. Built on Aptos’ high-speed, low-cost blockchain, the system focuses on real-world utility over speculation. It’s currently in beta with 9.4 million users, and it represents one of the largest telecom-...
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London Stock Exchange Completes First Blockchain-Powered Fundraising via DMI Platform
The London Stock Exchange Group (LSEG) has executed its first blockchain-powered fundraising through its new Digital Markets Infrastructure (DMI) platform. Developed in partnership with Microsoft, the platform facilitated a private fundraise by MembersCap. The LSEG is the first global exchange to integrate blockchain across issuance, trading, and s...
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Google Confirms Plans for GCUL Layer-1 Blockchain Project for Financial Institutions
Google Cloud has unveiled the Google Cloud Universal Ledger (GCUL), a new Layer-1 blockchain designed for financial institutions. The platform will support asset tokenisation, cross-border settlements, and Python-based smart contracts, offering a neutral foundation for banks, exchanges, and payment firms. Backed by Google Cloud’s scale, GCUL aims...
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Bitget Partners UNICEF Unit to Expand Blockchain Training Across India, Other Countries
Bitget plans to educate over 3,00,000 individuals across eight countries, including India, Brazil, Malaysia, and Morocco among others, in partnership with UNICEF Luxembourg . "Bitget Academy", the educational arm of exchange, will create a training module teaching how to create video games using the blockchain technology.
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Airtel Chairman Sunil Mittal Urges Government to Introduce Regulatory Framework for AI, Crypto
Sunil Mittal has urged the government to set clear crypto rules to oversee the sector. The Airtel founder was speaking at the Confederation of Indian Industry's (CII) Annual Business Summit 2025, where he addressed the recent growth of the digital assets sector.
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Term Finance Reports Estimated $8.5 Million Loss Following Governance Exploit
Term Finance has reported an estimated $8.5 million loss after an attacker exploited the governance controls of its strategy vaults. Security firms said the hacker gained enough voting power to pass proposals that enabled control of the vaults, draining Ether and stablecoins. Term has halted its Meta Vaults while it works with external security exp...
-
MANTRA Halts Network Transactions Following Unspecified Incident
MANTRA Chain has halted network operations while its engineering and security teams investigate an unspecified incident affecting the blockchain. The shutdown has stopped transactions and asset transfers, with validators, public nodes, bridge migration processes, and Inter-Blockchain Communication relays among the affected components. Deposits and ...
-
1inch Introduces Aqua to Unite DeFi Liquidity on 13 Chains
Decentralised exchange aggregator 1inch has launched Aqua, a protocol designed to improve capital efficiency by unifying liquidity across 13 blockchain networks. Aqua enables users to allocate the same wallet balance across multiple DeFi strategies without locking funds into individual liquidity pools until trades are executed. The protocol combine...
-
Solana Foundation Launches STRIDE Network to Strengthen DeFi Security
The Solana Foundation has launched the STRIDE Network to improve security across DeFi protocols. Developed with Asymmetric Research, the framework evaluates projects across multiple risk areas and introduces a real-time incident response network. The move comes amid rising exploit cases, as the industry looks to strengthen transparency, monitoring,...
-
China Urges Banks to Use Blockchain for Lending, Tax Data Sharing
China is encouraging banks to adopt blockchain technology to enable secure sharing of tax data and improve lending processes. The initiative is expected to enhance transparency, reduce fraud risks, and make credit more accessible, especially for small businesses. It also reflects the country’s focus on using blockchain in regulated financial syst...
-
MeitY Launches Blockchain India Challenge, Invites Startups to Solve Governance Problems
The Ministry of Electronics and Information Technology (MeitY) announced a new national-level initiative on Wednesday. It is intended to promote the use of blockchain technology in various sectors. The initiative has been named “Blockchain India Challenge.” This is a move towards developing indigenous blockchain solutions. MeitY stated that the...
-
IBW 2025 Dates Announced: Week-Long Web3 Events Scheduled for December
India Blockchain Week (IBW) will return to Bengaluru from December 1 to 7 for its third edition, featuring conferences, workshops, and community events focused on Web3, AI, and blockchain regulation. Organised by Hashed Emergent, the week will include global speakers, developer programmes and ecosystem initiatives, with participation expected from ...
-
Crypto Firms Form Global Alliance to Standardise Stablecoin Payments
A group of major blockchain organisations, including Solana Foundation, Polygon Labs, Stellar Development Foundation, and Fireblocks, has launched the Blockchain Payments Alliance to improve interoperability and compliance across stablecoin payments. The collaboration seeks to create unified standards for digital transactions, reduce fragmentation ...
-
Telegram Founder Pavel Durov Launches Cocoon, a Decentralised AI Project on TON
Telegram founder Pavel Durov has announced Cocoon, a decentralised AI network built on The Open Network (TON). The platform allows users to earn Toncoin by sharing GPU power while maintaining control of their personal data. Cocoon’s launch highlights Durov’s push for privacy-driven AI innovation and builds on Telegram’s growing Web3 ecosystem...
-
Visa to Add Support for Four Stablecoins Across Four Blockchains as Usage Surges
Visa is planning to expand support for four stablecoins across four blockchains as part of its growing digital asset strategy. The company aims to simplify cross-border settlements and enhance financial efficiency. With more than 130 stablecoin-linked programmes in 40 countries, Visa is positioning itself as a major bridge between traditional finan...
-
Reliance Jio, Aptos to Launch Blockchain Rewards for 500 Million Users
Reliance Jio has joined hands with Aptos Foundation and Aptos Labs to launch a blockchain-based rewards platform for its 500 million subscribers. Built on Aptos’ high-speed, low-cost blockchain, the system focuses on real-world utility over speculation. It’s currently in beta with 9.4 million users, and it represents one of the largest telecom-...
-
London Stock Exchange Completes First Blockchain-Powered Fundraising via DMI Platform
The London Stock Exchange Group (LSEG) has executed its first blockchain-powered fundraising through its new Digital Markets Infrastructure (DMI) platform. Developed in partnership with Microsoft, the platform facilitated a private fundraise by MembersCap. The LSEG is the first global exchange to integrate blockchain across issuance, trading, and s...
-
Google Confirms Plans for GCUL Layer-1 Blockchain Project for Financial Institutions
Google Cloud has unveiled the Google Cloud Universal Ledger (GCUL), a new Layer-1 blockchain designed for financial institutions. The platform will support asset tokenisation, cross-border settlements, and Python-based smart contracts, offering a neutral foundation for banks, exchanges, and payment firms. Backed by Google Cloud’s scale, GCUL aims...
-
Bitget Partners UNICEF Unit to Expand Blockchain Training Across India, Other Countries
Bitget plans to educate over 3,00,000 individuals across eight countries, including India, Brazil, Malaysia, and Morocco among others, in partnership with UNICEF Luxembourg . "Bitget Academy", the educational arm of exchange, will create a training module teaching how to create video games using the blockchain technology.
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Airtel Chairman Sunil Mittal Urges Government to Introduce Regulatory Framework for AI, Crypto
Sunil Mittal has urged the government to set clear crypto rules to oversee the sector. The Airtel founder was speaking at the Confederation of Indian Industry's (CII) Annual Business Summit 2025, where he addressed the recent growth of the digital assets sector.
