Ripple has acquired a preliminary crypto asset service provider (CASP) license in Luxembourg, making it compliant with the European Union’s Markets in Crypto-Assets (MiCA) regulations ahead of a July 1 deadline. In a statement on Tuesday, Ripple said that once its CASP is finalized, it would be able to provide regulated cryptoasset services to financial institutions and businesses across the…
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Irony abounds as infamous ‘sandwich’ bot exploited for $7.7M
Jaredfromsubway.eth MEV bot suckered into giving away millions
An infamous “sandwich” bot was exploited for $7.7 million in a hack dripping with irony. Jaredfromsubway.eth is a maximal extractable value (MEV) bot that specializes in sandwich attacks, in which an attacker sees a trade waiting to be executed and makes the same buy directly before the trade and sells immediately after it. The way it works is that the…
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Alchemy Launches AgentCard, a Visa Payment Card for AI
AgentCard will support crypto payments
Blockchain infrastructure provider Alchemy is partnering with Visa to launch AgentCard, a new payment method for AI agents designed to let them operate in the real world. Using agents from any provider, the virtual Visa card will let users’ AI agents ”book a vacation, order groceries, or renew a subscription on a consumer’s behalf, without the consumer ever touching a…
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BitGo Offers Exchanges MiCA Access As Deadline Looms
Crypto custody firm offers licensed infrastructure before July 1 deadline
Crypto custody firm BitGo has launched a crypto-as-a-service platform designed to help exchanges meet the European Union’s Markets in Crypto-Assets (MiCA) regulations. With the EU’s July 1 deadline for MiCA compliance fast approaching, firms without MiCA licenses won’t be able to continue serving customers after that date. In an X post, BitGo CEO Mike Belshe said that instead of leaving…
