CrowdStrike Use Confirmed by Polygon Labs CISO; Systems Okay
Mudit Gupta, Polygon Labs CISO, has verified that its systems and services are unaffected by the disruption caused by the CrowdStrike update. On Friday, the chief information security officer (CISO) of Polygon Labs confirmed that the company utilizes CrowdStrike services. Nevertheless, he clarified that the company’s system and services were not affected, even though the […]
Microsoft Windows Data Blackout Causes Major Failure In Firms
Global Microsoft Windows failure linked to a CrowdStrike software update has stopped critical services worldwide, causing bank outages and grounding flights. Microsoft, a major technology company, is currently experiencing a global Windows system malfunction that has caused significant disruptions to various critical services, such as emergency services, banks, airports, and broadcasters. According to a Forbes […]
ZA Bank to Offer Reserve Services to Stablecoin Issuers
ZA Bank, the largest virtual bank in Hong Kong, has announced an initiative to offer exclusive reserve bank services to stablecoin issuers, integrating traditional banking with cutting-edge financial technologies. The most recent regulatory framework requires cryptocurrency stablecoin issuers to deposit reserve assets in local institutions. This is a substantial stride toward establishing a more secure […]
Bitrue Ventures Launches $40M Web3 Investment Fund
The investment and research arm of the crypto exchange Bitrue has launched a $40 million pool of investment assets exclusively dedicated to the Web3 ecosystem. Several Web3 ventures and developers will be among the recipients of Bitrue Ventures’ $40 million fund, with the potential for a maximum investment of $200,000. As per the announcement, Bitrue […]
Italian State Bank Issues €25M Digital Bond on Polygon Blockchain
Italy’s Cassa Depositi e Prestiti issues €25M digital bond on Polygon blockchain, underwritten by Intesa Sanpaolo. Cassa Depositi e Prestiti (CDP), Italy’s state-owned development bank, has issued a €25 million digital bond on the Polygon blockchain. This issuance, which is the sole investor and is underwritten by Intesa Sanpaolo, represents a significant advancement in integrating […]