
What happened last night? 🌝 🏦 #Ripple received final approval from the #OCC to establish a national trust bank in the United States. This federally regulated entity will manage reserves for the stablecoin #RLUSD (a dollar-backed crypto) and offer digital asset custody services to large enterprises. The issuance of RLUSD remains under the control of a regulated entity in New York. RLUSD represents approximately $2.5 billion. ⚠️ The DotSwap V1 protocol suffered an attack. Approximately 8.5 BTC (around $685,000) were stolen from liquidity pools via an outdated signature function. Losses affect liquidity providers on this version. 🔐 On Keystone, hackers allegedly stole a key used to verify the authenticity of hardware wallets, as part of the reported data breach. 📅 The #Fed meets Wednesday to decide on interest rates. The market widely expects no change. Have a great morning!

