Author: Kryptonews

Ledn, a crypto lending company, has completed the first asset-backed securities (ABS) deal backed by bitcoin collateral, raising $188 million for crypto credit markets. Asset-backed securities are bonds backed by pools of underlying loans, with investors receiving payments from the cash flows generated by those loans.Bloomberg reported that the bonds are secured by a pool of more than 5,400 consumer loans issued by the firm, each backed by borrowers’ bitcoin holdings. The loans carry a weighted average interest rate of 11.8%.The deal includes two tranches, with the investment-grade portion priced at 335 basis points over the benchmark rate. Jefferies served…

Key takeawaysAddress poisoning exploits behavior, not private keys. Attackers manipulate transaction history and rely on users mistakenly copying a malicious lookalike address.Cases such as the 50-million-USDT loss in 2025 and the 3.5 wBTC drain in February 2026 demonstrate how simple interface deception can lead to massive financial damage.Copy buttons, visible transaction history and unfiltered dust transfers make poisoned addresses appear trustworthy within wallet interfaces.Because blockchains are permissionless, anyone can send tokens to any address. Wallets typically display all transactions, including spam, which attackers use to plant malicious entries.Most crypto users believe that their funds stay secure as long as their…

The Aptos Foundation is proposing a significant shake-up to the dynamics of the Aptos token, announcing a range of potential policy changes designed to spur greater APT deflation.  In an X post on Wednesday, the Aptos Foundation said it would submit several governance proposals to help transition the ecosystem away from its current subsidy-based emissions model toward a focus on “performance-driven mechanisms” and reducing APT supply. “The Aptos network is transitioning to performance-driven tokenomics designed to align supply mechanics with network utilization,” the Aptos Foundation said, adding:“This update replaces bootstrap-era subsidy with mechanisms tied to transaction activity, establishing a framework where burns…

Saudi Arabia commissioned Domingo Zapata to paint what’s being called the largest mural ever created—at a size, as the New York Post’s “Page Six” put it, of 540,000 square feet, or about nine football fields. The New York–based Zapata—who the Post notes “has painted stars including Kim Kardashian and Sofia Vergara, and painted with the last pope”—said he has been given “a blank check” to create a work with a team of some 100 collaborating artists over the course of four to six years. Related Articles Zapata called his future work “the Middle Eastern version of the Sistine Chapel” and…

HYLQ Strategy Corp has completed a strategic digital asset investment in qLABS, acquiring qONE tokens in an over-the-counter transaction with the Quantum Labs Foundation.The qONE token trades on the booming Hyperliquid platform and is the native token of the qLABS ecosystem. HYLQ Strategy is the second public company to invest in quantum-safe tokens. qLABS partner 01 Quantum, as a founding member, is also a holder of qONE tokens.According to the terms of the agreement shared in a company press release, HYLQ purchased 18,333,334 qONE tokens for an aggregate purchase price of $0.006 in an investment totalling $100,000, inclusive of bonus…

Coinbase is expanding its crypto-backed lending product in the U.S. to include XRP, DOGE$0.1017, Cardano’s ADA and LTC$53.44, widening access to a service it has pitched as a way for customers to unlock liquidity without selling their holdings.The product allows users to post crypto as collateral and borrow up to $100,000 in Circle’s USDC stablecoin. The loans are routed through Morpho, a decentralized lending protocol, meaning the borrowing mechanics are handled on-chain rather than through Coinbase’s own balance sheet.The service is available across the U.S., excluding New York.The move brings some of crypto’s most retail-heavy tokens into a product that…

Senate Banking Committee ranking member Elizabeth Warren has reportedly sent a letter to Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell urging them not to bail out “cryptocurrency billionaires” with taxpayer dollars. Warren warned that any potential bailout “would be deeply unpopular to transfer wealth from American taxpayers to cryptocurrency billionaires,” adding that it could also “directly enrich President Trump and his family’s cryptocurrency company, World Liberty Financial, according to CNBC.The letter comes as Bitcoin (BTC) prices have fallen more than 50% from their all-time high in October, hitting a local low of $60,000 on Feb. 6.The letter also…

Tokenization of real-world assets (RWAs) is blowing up because it bridges traditional finance (TradFi) with blockchain, letting big institutions like banks and funds put stuff like U.S. Treasuries or high-rated credit products onchain. No more silos or paperwork nightmares. This partnership tackles the “what happens next?” problem after tokenizing assets. Let’s break it down. The Big Announcement: Centrifuge Meets Pharos Centrifuge, a leader in tokenizing institutional assets, just teamed up with Pharos, a fresh Layer 1 blockchain built for “RealFi” (real-world finance onchain). Together, they’re creating shared infrastructure to distribute and operate tokenized U.S. Treasuries (like JTRSY) and AAA-rated structured…

A South African high court has dismissed artist Gabrielle Goliath’s last-ditch bid to overturn the cancellation of her Venice Biennale pavilion, rejecting the application just hours before the exhibition’s submission deadline. Goliath’s proposed pavilion, titled Elegy, was selected last month by the nonprofit Art Periodic to represent South Africa at the upcoming Venice Biennale, with Ingrid Masondo as curator. Days later, however, South African culture minister Gayton McKenzie canceled the selection, calling the work “highly divisive.” The decision came just eight days before participating nations must finalize their projects, raising fears that South Africa could be left without a pavilion…

PALM BEACH, Fla. — Banking trade groups, rather than individual banks, are chiefly responsible for stalled negotiations on crypto market structure legislation, Coinbase CEO Brian Armstrong said.Banks themselves are looking at crypto as an opportunity, he said Wednesday at the World Liberty Forum hosted at Mar-a-Lago.”For whatever reason, sometimes incumbent industries have trade groups, and they view the world with a zero-sum mindset [where they believe] for the banks to win, crypto has to lose,” he said. “They’re not viewing this as a positive [step].”Banking trade groups have represented the industry in meetings with the crypto industry hosted by the…