Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans

Crypto custody specialist Taurus has partnered with lending company Teylor.Source

Ledger Exploit Endangers DeFi; Sushi Says ‘Do Not Interact With ANY dApps’

The exploit reportedly prompts users to connect their wallets via a pop-up, triggering a token drainer.Source

Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain’s BBVA

The institutional crypto platform uses Nasdaq’s trading tech, and comes out the gates with seven banks and securities firms.Source

Global Banking Regulator Proposes Changes to Criteria That Give Stablecoins Preferential Risk Treatment

The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.Source

Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment

The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.Source

Crypto Exchange CoinList Settles OFAC’s Russian Sanctions Allegations for $1.2M

CoinList did not detect users who claimed to be from non-embargoed countries, but provided addresses in Crimea, OFAC said.Source

Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs

The new “Cronos zkEVM chain” is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.Source

JPMorgan Is Cautious About Crypto Markets Into 2024

Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.Source

ARK Sells $42.6M Coinbase Shares as COIN Hits 20-Month High

The firm has sold over $150 million worth of stake in COIN since Dec. 5.Source

Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%

The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April.Source