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Cybersecurity Breach at Evolve Bank

Cybersecurity Breach at Evolve BankEvolve Bank & Trust has recently confirmed a cybersecurity incident. The cybercrime group Lockbit 3.0 reportedly released customers’ personal identification data on the dark web. The bank, known for its fintech partnerships and facilitation of customer accounts for firms with significant crypto user bases, is now under scrutiny. The incident has raised concerns about the […]

Ripple Labs’ RLUSD stablecoin: Everything you need to know

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued 

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection, especially in its dealings with fintech companies and prominent crypto players like FTX. Compliance Concerns Trigger Regulatory Action Against Evolve Bank Evolve Bank […]

Ripple Labs’ RLUSD stablecoin: Everything you need to know