Posts

Showing posts with the label partnership

SwissBorg CEO blames $41M loss on staking partner Kiln

SwissBorg CEO Cyrus Fazel denies that hackers breached his wealth management firm to steal $41 million, instead blaming the exploit on an external DeFi wallet held by its SOL staking partner Kiln.  The theft, which was first reported by crypto sleuth ZachXBT on Monday, has already been compared by blockchain security specialist Chaofan Shou to the 2025 ByBit hack. Shou noted that a week-old unstaking transaction gave the hacker withdrawal authority over the funds.   Somehow they gave withdraw authority to the exploiter while unstaking. Bybit hack V2?https://t.co/eGrtWFsedZ https://t.co/WsvK6rMFRu pic.twitter.com/aNuOE2sSnV — Chaofan Shou (svm/acc) (@shoucccc) September 8, 2025 The transaction unstaked over $200,000.  Read more: DeFi default: Kinto shutdown prompts first haircut for Wildcat lenders Kiln announced today that it has disabled various services on its staking platform, such as its “Kiln Dashboard, Widget and APIs,” until it resolves the...

Bybit partners with Cactus Custody to improve institutional trading

 Cryptocurrency exchange Bybit has formed a strategic partnership with Cactus Custody, a digital asset custodian under Matrixport Group, as per the information shared with Finbold on July 23. @Bybit_Official partners with Cactus Custody to boost institutional trading efficiency and security. ️ Secure institutional custody, no pre-funding, lower risk, full liquidity. Learn more https://t.co/5ORQArDns4 pic.twitter.com/3uU0zNklVH — CactusCustody (@CactusCustody) July 23, 2025 The collaboration introduces an off-exchange settlement solution via Cactus Oasis, designed to enhance asset security and capital efficiency for institutional clients. The integration will go live on July 28, 2025. The partnership allows institutional and professional clients to trade on Bybit without pre-funding exchange accounts. Clients deposit collateral with Cactus Custody, where assets are held in segregated, regulated custody and transferred to Bybit only at trade settlement, reducing ...

Uber and Volkswagen Unveil New 10-Year Partnership

Image
Source: Uber Volkswagen Group of America and Uber Technologies have unveiled a long-term partnership that will place thousands of fully electric, self-driving ID. Buzz Autonomous Driving (AD) vans on the Uber ride-hailing platform over the next ten years. Announced on 24 April, the agreement begins with on-road testing in Los Angeles later this year. It targets a commercial roll-out 2026, positioning the scheme as one of the largest robotaxi programmes yet attempted in the United States.​ Roll-out timetable and first launch city Under the memorandum of understanding, a pilot phase is scheduled for the fourth quarter of 2025. Each van will carry a trained safety driver who can assume control at any moment, a requirement Volkswagen and Uber say will remain until the technology delivers consistent real-world performance. Subject to state and municipal approvals, paying passengers should be able to hail the service through the existing Uber app in 2026. Los Angeles was...

Trump Media teams up with Crypto.com to launch crypto ETFs

On Tuesday, April 22, Trump Media & Technology (NASDAQ: DJT) took another step toward becoming a cryptocurrency firm by entering a binding partnership with leading crypto exchange, Crypto.com, per the information shared with Finbold. Specifically, the company, together with the streaming platform Truth+, and the FinTech brand Truth.Fi, signed a new agreement with Crypto.com and Yorkville America Digital, an asset management firm described as being ‘America First’ to facilitate the launch of digital assets exchange-traded funds (ETFs). The parties to the binding deal all expressed their enthusiasm for the partnership. TMTG CEO and Chairman Devin Nunes revealed his firm is ‘gratified to work with great partners.’  Crypto.com’s Co-Founder and CEO, Kris Marszalek, said that the ‘partnership gives the Trump Media ETFs global distribution powered by the Crypto.com platform,’ and opined that the agreement is a ‘win’ for all the involved companies. DJT and Crypto.c...

Shiba Inu Announces New Airdrop: Big News for SHIB Token Holders

Image
The Shiba Inu (SHIB) network has been making noise to boost utility. Earlier today, the network made a new announcement that caught the eye of many. SHIB holders will now be able to take part in an airdrop. The network announced that those who own the meme coin and participate in the airdrop can pocket the Philtoken (PHIL). Also Read: Top 3 Cryptocurrencies Owned By Elon Musk Looking Into Shiba Inu’s Latest Airdrop The airdrop includes a staggering 10 million PHIL tokens. According to the latest announcement, the airdrop is solely for Shiba Inu holders who have owned the meme coin since August 28, 2024. In addition, these investors are required to hold SHIB in non-custodial wallets like Trust Wallet and MetaMask. The announcement further read: “Those who left their SHIB on centralized exchanges, however, are out of luck this time. This airdrop is exclusively for the self-custody crowd.” It should be noted that the airdrop is first-come, first-served. A minimum of 500 P...

PayPal becomes available as a payment method on Crypto.com

Crypto.com, a leading cryptocurrency platform with a user base exceeding 100 million, has announced a new partnership with PayPal.  Thanks to the partnership, US-based users can now link their PayPal accounts to their Crypto.com wallets, making it easier to purchase cryptocurrencies directly through the platform.  US Customers: You can now use @PayPal to fund purchases of crypto in the https://t.co/vCNztATSCO App, taking us one step closer to our vision of cryptocurrency in every wallet! Supports 350+ tokens Direct and instant processing Coming soon to other regions! Simply add… pic.twitter.com/ExkWxnlERg — Crypto.com (@cryptocom) August 29, 2024 Transferring funds from PayPal to Crypto.com The integration allows fund transfers from PayPal to Crypto.com, allowing users to buy a wide range of digital assets available in the US market, with other regions set to be covered soon. ...

Floki Signs Massive Deal With Premier League Teams

Image
In what is a massive development for the meme coin, the Floki ecosystem has signed a major partnership with English Premier League teams. Indeed, both the FLOKI token and the Valhalla game will be featured as a key uniform sponsor. Moreover, it will appear across various stadium screens. The move is another huge step for crypto. The connection between sports and Web3 has been undeniable, with increased sponsorships taking place in recent weeks. Just last week, cryptocurrency exchange Crypto.com signed an exclusive deal with the UEFA Champions League. Source – Asia Crypto Also Read: Floki Inu Trends On X: How High Can Floki Trade This Week? FLOKI to Sponsor Premier League Teams in Massive Move There is no understating of the global popularity of football. Moreover, at the top of the sport stands the English Premier League. According to data from TransferMarkt, it is the most valuable football league on the planet. Featuring 20 teams, it is renowned for its competition and talent. W...