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Mavryk Secures $10M From Multibank to Power $10B UAE Real Estate Tokenization
Mavryk Network closed a $10 million strategic investment led by Multibank Group, the companies announced, marking an institutional endorsement of the Layer‑1 blockchain built for regulated real‑world asset (RWA) markets. Multibank — a derivatives institution with $35 billion in daily trading volume and operations across 100 countries — will expand an existing partnership to tokenize…
Ethereum’s Vitalik Buterin Responds to Allegations of Excessive Control By ETH Inner Circle
Ethereum core developer Péter Szilágyi has publicly shared a letter he sent to the ETH Foundation, slamming founder Vitalik Buterin and a small inner circle for weilding execessive influence. The matter got serious with Polygon CEO Sandeep Nailwal called the ETH community a ‘shit show’. Buterin has reponded to this developments, in what seems a…
Polymer Launches Real-Time Interoperability For Ethereum Rollups – Crypto-News.net
New York City, New York, November 11th, 2024, Chainwire Polymer Labs has officially launched Polymer Hub, a real-time interoperability protocol for connecting all Ethereum rollups. By streaming messages, states, and logs over IBC primitives (equivalent to Web2’s TCP/IP), Polymer Hub verifies and stores the headers of all connected rollups, allowing applications to prove any arbitrary…
Wells Fargo Accused of Draining Customers’ Accounts Without Notice or Authorization in ‘Blatant Disregard’ of Consumer Loan Protections: Class-Action Lawsuit – The Daily Hodl
A Wells Fargo customer in California just filed a proposed class-action lawsuit accusing the bank of draining customers’ accounts in blatant violation of consumer protection laws. The plaintiff, piano teacher Helen Palma, alleges Wells Fargo unlawfully seized funds from her bank account after she fell behind on credit card payments, reports ClassAction.org. According to the filing,…
Spot BTC, ETH ETFs see outflows as inflation ticks up under Trump tariffs
Spot Bitcoin and Ether ETFs recorded outflows on Friday as the Federal Reserve released key inflation data showing price pressures are creeping higher under President Donald Trump’s trade policies. According to SoSoValue data, Ether (ETH) ETFs saw a net outflow of $164.64 million, reversing five straight days of inflows that had added more than $1.5…
US Government’s $20M Crypto Breach: Quick Recovery and Security Concerns
Blockchain intelligence firm Arkham Intelligence reported that $20 million worth of cryptocurrency was unexpectedly transferred from U.S. government-linked wallets. While security experts scrambled to assess the situation, the funds were largely returned within 24 hours, prompting critical questions about the security protocols around the U.S. government’s crypto holdings. This rapid recovery, though positive on the…
