Search results for "PIP"

Polygon Crypto Activates Giugliano Hardfork: What to Know?

Polygon crypto activated its Giugliano hardfork on mainnet at block 85,268,500 on April 8, targeting a measurable reduction in transaction finality by allowing block producers to announce blocks earlier in the confirmation cycle. The Polygon Foundation confirmed the upgrade in a post on X, citing a
DEFI7,39%
MEME7,16%
Coinspeaker·04-07 10:26

LiteLLM PyPI Supply Chain Attack: AI Package with 97 Million Monthly Downloads Compromised with Malware, SSH Keys and API Credentials Fully Leaked

On March 24, a supply chain attack occurred on the Python package LiteLLM, with version 1.82.8 maliciously compromised, potentially leading to the leakage of sensitive data including SSH keys and AWS credentials. The affected version was downloaded 97 million times, with extensive impact. Security researchers suspect the GitHub and PyPI accounts were compromised, with attackers simultaneously targeting multiple large-scale projects, causing significant damage. Immediate version checks and downgrades to secure versions are necessary, along with a reconsideration of dependency culture.
ChainNewsAbmedia·03-25 07:54

Japan's Financial Services Agency supports the banking industry's stablecoin pilot: positioned as an "electronic payment tool"

The Japan Financial Services Agency (FSA) officially announced support on Friday for a stablecoin pilot project led by the three major banks—Mizuho Bank, MUFG (Mitsubishi UFJ Financial Group), and SMBC (Sumitomo Mitsui Banking Corporation). The experiment aims to explore how multiple banking groups can jointly issue stablecoins that meet Japan's legal definition of "electronic payment tools," and to accelerate the modernization of domestic payment systems while ensuring regulatory compliance. This pilot is the first official project under the FSA's "Payment Innovation Project" (PIP) and is scheduled to continue from November 2025, marking a significant step forward for Japan in blockchain payment innovation.
ETH0,45%
MarketWhisper·2025-11-07 10:46

Japan's three major banks team up to launch a stablecoin! Official endorsement from the Financial Services Agency, launching in November

Japan's Financial Services Agency (FSA) officially announced support for a stablecoin pilot project involving the country's three major banks, marking a significant step forward in Japan's payment innovation. The trial brings together Mizuho Bank, Mitsubishi UFJ Financial Group (MUFG), and Sumitomo Mitsui Banking Corporation (SMBC), aiming to jointly issue a stablecoin for payments through collaborative efforts. The alliance also includes Mitsubishi Corporation, Progmat, and Mitsubishi UFJ Trust and Banking Corporation.
MarketWhisper·2025-11-07 07:11
news-image

Japan launches a pilot project for the issuance of a yen-backed stablecoin in collaboration with several banks.

Japan's Financial Services Agency (FSA) supports a pilot project by major banks MUFG, SMBC, and Mizuho to issue yen-backed stablecoins. This aims to test the legal and operational aspects of stablecoin issuance, paving the way for a future digital payment system. The experiment is set to start in November 2025, marking a significant advancement in Japan's integration of blockchain technology into regulated banking.
TapChiBitcoin·2025-11-07 06:57

Japan launches its first PIP payment project support! Three major banks collaborate to test stablecoin Compliance.

To promote innovation in financial technology (FinTech) and alleviate concerns in the industry regarding the lack of precedent for empirical experiments, the Japan Financial Services Agency (FSA) established the "FinTech Experimental Center" (FinTech Hub) in 2017. Now, with the acceleration of payment technologies such as Blockchain and stablecoins, the center will be active on November 7, 2025.
ChainNewsAbmedia·2025-11-07 06:34