Court Lets Arbitrum DAO Transfer $71M in ETH Tied to North Korea Hack to Aave

Rewrite this content into a 1000-word SEO friendly article: A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked exploit. Judge Margaret Garnett of the Southern District of New York issued the order on Friday, … Read more

Kraken Parent Company Applies for OCC Charter in Move Toward Banking

Rewrite this content into a 1000-word SEO friendly article: Latest NewsPublishedMay 8, 2026 The US banking regulator has already approved similar charter applications for Coinbase, Ripple Labs, BitGo, Circle, Fidelity Digital Assets and Paxos. Payward, the parent company of cryptocurrency exchange Kraken, announced that it had filed an application with the US Office of the … Read more

Lagarde Says Stablecoins Will Not Strengthen Euro’s Global Role

Rewrite this content into a 1000-word SEO friendly article: European Central Bank (ECB) President Christine Lagarde said stablecoins are not Europe’s best route to strengthening the euro’s international role, pushing back against calls to respond to US dollar-backed stablecoins with euro-denominated tokens. Speaking on Friday at the Banco de España LatAm Economic Forum in Roda … Read more

JPMorgan, Mastercard Make US Treasury Transfer on XRP Ledger

Rewrite this content into a 1000-word SEO friendly article: Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails. The pilot transaction involved blockchain tokenization platform Ondo Finance redeeming the US Ondo … Read more