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Make CryptoSlate preferred on South Korea’s Kbank has signed a strategic partnership with Ripple to test blockchain-based overseas remittances, placing a bank with a central role in Upbit’s KRW account access beside one of crypto’s longest-running payments infrastructure firms.Local reports describe the work as a technical verification, or proof-of-concept, focused on whether Ripple’s infrastructure can improve the speed, cost, and transparency of overseas remittances. ZDNet Korea separately described the test as part of a phased push around bank-linked overseas remittance infrastructure.For now, the commercial pieces remain open: launch date, customer access, fees, live volume, and the exact settlement asset.Kbank already…
In brief DeFi United has received enough contributions to potentially restore rsETH, receiving contributions worth $303 million, as of Monday. The coordinated relief effort has drawn participation from across the crypto industry, including contributions from Consensys and the Avalanche Foundation. The total amount raised was contingent on governance proposals, including one on Arbitrum that’s expected to take roughly 49 days. A coordinated relief effort to raise funds following Kelp DAO’s $290 million exploit this month crossed a critical threshold on Monday, receiving enough contributions to potentially cover decentralized finance’s biggest hack in recent memory.The organization dubbed DeFi United, which has…
U.S. lawmakers and White House officials used a Nakamoto Stage panel to argue that clear crypto rules will decide whether the United States leads or cedes ground in the next phase of financial innovation. The discussion, titled “Are We Getting More Clarity?”, focused on the Clarity Act, enforcement under past administrations, and the risk that political swings could undo progress on crypto regulation. Senator Cynthia Lummis warned that another hostile administration would mean “game over for sensible regulation,” framing the 2026 election cycle as a direct test of whether Congress can lock in a durable framework for digital assets. She…
Make CryptoSlate preferred on South Korea’s Kbank has signed a strategic partnership with Ripple to test blockchain-based overseas remittances, placing a bank with a central role in Upbit’s KRW account access beside one of crypto’s longest-running payments infrastructure firms.Local reports describe the work as a technical verification, or proof-of-concept, focused on whether Ripple’s infrastructure can improve the speed, cost, and transparency of overseas remittances. ZDNet Korea separately described the test as part of a phased push around bank-linked overseas remittance infrastructure.For now, the commercial pieces remain open: launch date, customer access, fees, live volume, and the exact settlement asset.Kbank already…
In brief LayerTwo Labs CEO Paul Sztorc has proposed a Bitcoin hard fork called eCash. The fork would clone and “reassign” coins linked to Bitcoin creator Satoshi Nakamoto and give them to eCash investors. Previous Bitcoin and Ethereum hard forks have been far less successful than the originals long-term. Bitcoin developer Paul Sztorc has proposed a hard fork that would reassign some of the earliest coins on the original crypto network—widely believed to belong to pseudonymous creator Satoshi Nakamoto—to investors in a new project.The co-founder and CEO of LayerTwo Labs, Sztorc announced the project, called eCash, on Friday. The plan…
Bitcoin Magazine announced BM TV, a daily live broadcast network focused on Bitcoin markets, macroeconomics, geopolitics, and frontier technology. The network is scheduled to begin broadcasts in Summer 2026 from Nashville, Tennessee. The program will air Monday through Friday from 9:30 to 11:30 AM Eastern Time, aligned with the U.S. market open. BM TV will operate from the company’s Nashville offices and distribute content through six platforms: X, YouTube, Facebook, Rumble, BitcoinMagazine.com, and LinkedIn. The network targets an existing audience of 6 million aggregated followers across Bitcoin Magazine channels. The company reported more than 1 billion total impressions in 2025.…
In brief Publicly traded Strive Inc. purchased an additional 789 Bitcoin for its treasury. The purchase brings Strive’s total Bitcoin holdings to 14,557 BTC, valued at roughly $1.1 billion. True North, Strive’s subsidiary, will host a Bitcoin for Business summit in Lake Oswego, Oregon on May 21. Publicly traded Strive Inc. purchased an additional 789 Bitcoin for its treasury, the structured finance company and institutional asset manager announced Monday.The company paid an average price of $77,890 per Bitcoin, Strive CEO and Chairman Matt Cole wrote on X, putting the purchase at a price of about $61.45 million. Bitcoin has fallen…
Make CryptoSlate preferred on The European Union’s latest Russia sanctions package, its twentieth so far, brings crypto settlement squarely into an already fractured geopolitical spotlight.Adopted on April 23, the package adds 120 new listings and rolls out financial measures that touch just about every corner of Russia’s crypto scene. That includes service providers, decentralized trading platforms, ruble-backed tokens, payment agents, and even support for the digital rouble.Earlier rounds of restrictions mostly went after specific exchanges, wallets, or operators. This time, the EU is aiming higher up the stack, targeting the service layer that keeps Russia-linked crypto settlement running. That means…
In brief Over 560 Google employees have signed an open letter urging CEO Sundar Pichai to block military use of the company’s AI technology. Workers cite ethical concerns about AI systems being used for lethal autonomous weapons. The letter demands transparency on existing Pentagon contracts and creation of an ethics board with employee representation. More than 580 Google employees have signed an open letter demanding CEO Sundar Pichai block the Pentagon from using the search giant’s artificial intelligence technology for military applications, escalating Silicon Valley’s internal battles over defense work.The letter calls for an immediate moratorium on deploying Google’s AI…
Paystand announced the launch of USDb, a stablecoin designed specifically for commercial-scale business finance, including accounts receivable, accounts payable, payroll, and treasury operations, on the Bitcoin network. Paystand is a Bitcoin-powered B2B payments network that processes accounts receivable and accounts payable for more than one million businesses across North America and Latin America. The company has handled over $20 billion in payment volume and built a full-stack CFO platform through acquisitions of Yaydoo, Teampay, and Bitwage, covering AR automation, spend management, LATAM compliance, and cross-border payroll. Founded in 2013 and headquartered in Santa Cruz, California, Paystand operates Paystand.org, a non-profit…
Make CryptoSlate preferred on The European Union’s latest Russia sanctions package, its twentieth so far, brings crypto settlement squarely into an already fractured geopolitical spotlight.Adopted on April 23, the package adds 120 new listings and rolls out financial measures that touch just about every corner of Russia’s crypto scene. That includes service providers, decentralized trading platforms, ruble-backed tokens, payment agents, and even support for the digital rouble.Earlier rounds of restrictions mostly went after specific exchanges, wallets, or operators. This time, the EU is aiming higher up the stack, targeting the service layer that keeps Russia-linked crypto settlement running. That means…
In brief Google documented a 32% surge in malicious indirect prompt injection attacks between November 2025 and February 2026, targeting AI agents browsing the web. Real payloads found in the wild included fully specified PayPal transaction instructions embedded invisibly in ordinary HTML, aimed at agents with payment capabilities. No legal framework currently determines liability when an AI agent with legitimate credentials executes a command planted by a malicious third-party website. Attackers are quietly booby-trapping web pages with invisible instructions designed for AI agents, not human readers. And according to Google’s security team, the problem is growing fast.In a report published…