According to Cointelegraph, Singapore’s DBS Bank has introduced a new suite of blockchain-powered services for its institutional clients. The bank announced the launch of “DBS Token Services,” which facilitate real-time payment settlements using the bank’s permissioned blockchain. Permissioned blockchains are networks with an access layer that allows participants to interact with a pre-approved level of authority. While these blockchains use distributed ledger technology, they are not fully decentralized. DBS had previously announced the capabilities of its Ethereum Virtual Machine (EVM) compatible permissioned chain when it unveiled its blockchain-powered treasury tokens pilot on August 13. The bank stated that smart contracts would enable institutions to govern funds with predefined conditions, enhancing security and transparency. DBS emphasized that using a permissioned blockchain provides the bank full control over these services, allowing it to harness the benefits of blockchain technology while adhering to compliance standards. Lim Soon Chong, the group head of global transaction services at DBS Bank, highlighted the importance of a new generation of “always on” banking services to support the growing demand for digital services. He noted that companies and public sector entities are already reimagining their operating models and engagement strategies. Chong explained that tokenization and smart contracts allow DBS Token Services to optimize liquidity management and streamline operational workflows for its clients. These technologies unlock new opportunities for end-customer and end-user engagement and strengthen business resilience. He added that this development marks a significant step forward in transaction banking and demonstrates how traditional financial institutions can use blockchain technology to provide new services to their clients. In addition to its new token services and treasury tokens pilot, DBS has introduced other blockchain-related developments in 2024. On August 22, DBS Bank announced a pilot for blockchain-based government grants, which the bank said enhances governance control and reduces the need for manually processing cash handling. On September 17, the bank revealed plans to launch over-the-counter (OTC) crypto options trading and structured notes for institutional investors, offering products related to Bitcoin (BTC) and Ether (ETH) prices.

According to Foresight News, Cyvers Alerts has reported that an individual has lost approximately $804,000 worth of mETH after signing a malicious phishing contract. The victim approved the malicious contract around 14 minutes prior to the report, and the funds are currently held in the phishing address. Cyvers recommends that users revoke approvals for phishing contracts to prevent such incidents.

Cyvers Alerts monitoring shows that the address starting with 0x84b lost about $804,000 in mETH due to signing a malicious phishing contract.

DBS Bank has launched its “DBS Token Services” for real-time blockchain payment settlements, using smart contracts for enhanced security and transparency. source: https://cointelegraph.com/news/dbs-rolls-out-blockchain-based-banking-for-institutions?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin exchange-traded products (ETPs) recorded a major inflow of 25,675 BTC ($1.74 billion) in just seven days, the highest since July. This comes as Bitcoin’s price jumped by 15% since October 10, fueled by optimism around potential Federal Reserve rate cuts and pro-crypto sentiment ahead of the U.S. election. U.S.-listed Bitcoin ETFs have attracted nearly … source: https://coinpedia.org/crypto-live-news/bitcoin-etps-see-biggest-inflow-since-july-as-price-surges/

Users should not click on any airdrop links shared in EigenLayer’s recent post, warns onchain detective ZachXBT. source: https://cointelegraph.com/news/eigenlayer-x-account-compromised-malicious-airdrop-link?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

In response to the accusation of "suspected rug", IBXtrade responded on X: "We understand the current dissatisfaction in the community and are doing our best to resolve it. We will do everything we can to resolve the problem and will share the next steps as soon as possible. Orderly has nothing to do with the release of the token, which is entirely carried out by the IBX and Artic teams." Previously, DeFi analyst Anon Vee posted on X that many users reported that the Orderly Network ecological project IBXtrade was suspected of rug.

The Ctrl Wallet is one of the best general-purpose wallets in the market today. It has a great user experience and is considered one of the best wallets for beginners in crypto. And they have some big news out now. Their token migration change from $XDEFI to $CTRL is going on now and into early […] source: https://www.altcoinbuzz.io/product-release/ctrl-token-migration-going-live/

Citigroup said in a research note on Wednesday that a sweeping Republican victory in the upcoming U.S. election would be the most favorable outcome for Coinbase and the broader crypto market, while a Harris win and a split Congress could lead to greater uncertainty in the digital asset industry. "The Trump/Vance camp has publicly supported digital asset reform, and Republican control of the Senate is critical to passing bills such as FIT21 and confirming institutional leaders who support crypto," the team led by analyst Peter Christiansen wrote, adding that "the pace of digital asset reform could accelerate if both houses of Congress are in agreement." (CoinDesk)

null source: https://x.com/BTC_Archive/status/1847225407348580806

From V1 to V4, from UNI X to UNIChain, how far is UNI from the ultimate answer to DEX?

Netflix shares surged 5.2% in premarket trading on Friday after the streaming giant exceeded Wall Street’s expectations for new subscriber

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The U.S. Department of the Treasury recovered $4 billion in fraudulent payments in fiscal 2024, a significant increase from the previous year's $652.7 million, thanks to its use of artificial intelligence and machine learning. As online payment fraud is expected to exceed $362 billion by 2028, the Treasury and other agencies are intensifying their AI efforts to combat fraud and protect taxpayer money.

To the surprise of various community members, the Shiba Inu team has announced the postponement of the highly anticipated ShibaCon conference.

Is Firedancer the most needed project for Solana right now?

台湾本土加密教育平台CBA亚洲区块链学院的创办人刘庭瑋因涉嫌未履行分析师就业承诺，遭到学员集体提起诉讼。学员们指控原本承诺的高薪就业未兑现，课程内容不符预期，导致愤而提告，要求赔偿损失。

Worldcoin has rebranded to "World" and launched new initiatives, including the World ID Credentials program and an upgraded Orb device for identity verification. While the project has generated excitement, trust issues remain, particularly due to concerns about privacy and recent controversies surrounding its leadership, which has resulted in a mixed market response.

Penn Engineering researchers have uncovered significant vulnerabilities in AI-enabled robots through jailbreaking, developing an algorithm that bypasses standard safety protocols meant to prevent harmful actions. This raises an important question: Are their actions justifiable, or do they pose a safety risk?

At Trump’s Pennsylvania campaign, Elon Musk was asked if he'd lead a “Department of Government Efficiency.” He replied, “Yeah, Doge,” causing Dogecoin to surge over 10% to $0.1344, sparking speculation about whether it was coincidence or a strategic move.