Source: Solana Foundation

Aid for Ukraine - an initiative between the Ukrainian Ministry of Digital Transformation, Everstake (a Ukraine-based Web3 company), Solana (a public blockchain platform with smart contract functionality and whose native cryptocurrency is SOL) and the crypto community around the world, has already collected $1.4M in $SOL to date.

Mastercard and Visa have blocked multiple financial institutions from their payment networks in response to Russia's invasion of Ukraine.

As Russia moves further into Ukraine and sanctions have isolated Russian banks from the rest of the global financial system, depriving the country of vital technology, UK foreign secretary Liz Truss has revealed that the “UK is working with allies to exclude Russia from the Swift financial system.”

Credit Suisse has called in outside experts to help find the source of a leak that exposed the details of accounts held by wealthy clients allegedely involved in torture, drug trafficking, money laundering, and corruption.

Some of the biggest players in crypto - including BlockFi, Coinbase and Robinhood - have joined forces to develop technology that helps them meet a rule designed to counter money laundering.

Source: DBS

DBS announced today that it will be availing a complimentary cybersecurity training programme to help protect the 280,000-strong SME community in Singapore[1] from the growing threat of cybercrime.

US banks racked up $20 billion in losses to synthetic identity fraudsters in 2020, according to new data from the Federal Reserve.