Key Highlights: OKXICE, supported by a major global exchange operator, previously revealed a 62-company initial roster to trade tokenized shares using Uniswap liquidity pools on OKX’s XLayer blockchain. Twenty-two corporate objections have been lodged, blocking trading on the platform, though some objecting companies were not part of the initial proposed roster. OKXICE Co-Chairman Andrew Cuomo ...
Key Highlights: Major U.S. corporations, including Microsoft, Alphabet, and Goldman Sachs, have filed formal objections to having their equity shares tokenized under a new SEC regulatory framework. Former New York Governor Andrew Cuomo, board member of OKX and co-chair of the OKXICE venture, defended the initiative, framing the pushback as an experimental phase in transitioning ...
Key Highlights: Major financial institutions are issuing urgent warnings after customers began sharing their bank login credentials and passwords directly with autonomous artificial intelligence agents. Investor panic over AI bots attempting unauthorized fund transfers and contacting call centers caused notable stock declines for banking giants such as Morgan Stanley and Citi. Lenders including JPMorgan Chase ...
Key Highlights Tether confirms exposure to EQIBank is less than 0.034% of total group assets, approximately $64 million based on its June 2024 attestation of $187.75 billion. U.S. authorities seized funds from Capstone, a payment processor used by EQIBank to move customer money through Wells Fargo and JPMorgan Chase accounts, alleging misrepresentation of business activities. ...