News
IG Japan Confirms Potential Data Exposure of 163 K Clients, but No "External Leak
2+ hour, 33+ min ago (286+ words) IG Securities, also known as IG Japan, issued an apology today (Monday) after identifying improper handling of customer "specific personal information," including My Number identification data. Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!)....
The Day a $292 M Kelp DAO Bridge Exploit Turned Into a $14 B De Fi Stress Test
5+ day, 17+ hour ago (764+ words) On April 1819, an attacker drained 116, 500 rs ETH from Kelp DAO's Layer Zero-based bridge, roughly 18% of the token's supply and about $292293 million at the time. The bridge held reserves backing rs ETH on more than 20 networks, so the exploit instantly created…...
Weekly Wrap: Kraken's Crazy Week; a Close Look at the UAE's First Regulated Finfluencers
1+ week, 2+ day ago (1070+ words) The UAE, the first country to formally regulate financial influencers, now counts 171 registered "finfluencers" on its Capital Markets Authority (CMA) registry'just over a year after launching the framework. Singapore Summit: Meet the largest APAC brokers you know (and those you…...
The UAE Regulated Finfluencers First. Now Comes the Hard Part.
1+ week, 5+ day ago (1148+ words) Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!) Despite the gaps, the initiative has been a great success. The structured regime has attracted many, including regulator finfluencers and even contracts for differences (CFD) broker…...
FCA Pulls Investment Apps Into Open Finance Net With 2030 Roadmap
1+ week, 6+ day ago (494+ words) Adam Jackson, the group's chief strategy officer, said open finance could "be a foundation for widespread adoption of agentic AI," referring to AI systems that make decisions and execute transactions on a user's behalf. The FCA roadmap echoes the framing,…...
Kraken Reports Dark Web Ransom Threat, Denies Breach
1+ week, 6+ day ago (316+ words) Videos circulating on dark web forums have pulled crypto exchange Kraken into an extortion attempt, but the company says no systems were compromised and client funds remain secure. The firm claims a criminal group is threatening to release internal footage…...
Circle Defends Limited Role in $285 Million Crypto Hack, Citing Legal Boundaries
3+ week, 2+ day ago (283+ words) Circle is facing criticism from parts of the crypto community after hackers drained about $285 million from the Solana-based Drift protocol, most of which was quickly converted into USD Coin (USDC) and transferred to Ethereum. Blockchain investigator Zach XBT alleged Circle…...
FINRA Launches Portal for Cyber Threats as 50% of Retail Investors Face Risky Offers
3+ week, 5+ day ago (290+ words) The Financial Industry Regulatory Authority has launched a new portal aimed at improving coordination on cybersecurity and fraud threats across the securities industry, including risks that affect retail investors. Singapore Summit: Meet the largest APAC brokers you know (and those…...
Cy SEC: "Smartphones Have Made Risk-Taking Easier" - And the EU Needs to Act
3+ week, 6+ day ago (414+ words) "The SIU should explicitly reject any gamification of long-term investing and demand transparency from companies about how they make money and where their incentives might work against the customer," Vakkou wrote in the Eurofi piece. His piece calls for clear…...
Why Data Security Is Not a Compliance Checkbox for Brokers
1+ mon, 1+ week ago (719+ words) Data security remains a challenge for CFD brokers in 2026 amid the AI boom. Cyberattackers can discover and exploit system vulnerabilities much faster thanks to AI technology and develop new, sophisticated techniques. AI-driven phishing attacks have gone all the way from…...