Four-hour briefing · 3 items
Fintech Briefing: Banking-Crypto Infrastructure Talks, Asset Recovery, and Public Listings
- BNY in Preliminary Talks with Kraken Parent Over Digital Asset Partnership
BNY is exploring a potential digital asset infrastructure partnership with Kraken parent Payward spanning payments, custody, trading, and wealth management. The proposed setup centers on using Payward Services to bridge regulated banking rails with digital asset infrastructure, though no agreement is guaranteed.
- NEAR Intents Recovers $3.8 Million Exploited via Infrastructure Bug
NEAR Intents recovered the full $3.8 million stolen in a recent exploit following a 48-hour deadline issued to the attacker. The incident was traced to a bug between a smart contract and the Omni deposit-and-withdrawal infrastructure, which has now been patched.
- OpenPayd Targets Year-End Nasdaq Listing for U.S. Growth
Payments firm OpenPayd is targeting a Nasdaq listing by the end of the year. The capital will be used to finance acquisitions and expand the company's footprint in the United States.
BNY in Preliminary Talks with Kraken Parent Over Digital Asset Partnership
BNY is exploring a potential digital asset infrastructure partnership with Kraken parent Payward spanning payments, custody, trading, and wealth management. The proposed setup centers on using Payward Services to bridge regulated banking rails with digital asset infrastructure, though no agreement is guaranteed.
NEAR Intents Recovers $3.8 Million Exploited via Infrastructure Bug
NEAR Intents recovered the full $3.8 million stolen in a recent exploit following a 48-hour deadline issued to the attacker. The incident was traced to a bug between a smart contract and the Omni deposit-and-withdrawal infrastructure, which has now been patched.
OpenPayd Targets Year-End Nasdaq Listing for U.S. Growth
Payments firm OpenPayd is targeting a Nasdaq listing by the end of the year. The capital will be used to finance acquisitions and expand the company's footprint in the United States.