![Tokenized RWAs go onchain as Ondo Finance launches institutional L1 blockchain](/image/67a4fafb26615.jpg)
Ondo Finance has announced the launch of a new layer 1 blockchain designed to accelerate institutional adoption of real-world assets. Ondo Chain, built as part of Ondo ( ONDO )’s push to bring capital markets onchain, is an L1 blockchain purpose-built for institutions. The RWAs-focused chain, which the Ondo team announced on Feb. 6, is the infrastructure that will support Ondo Global Markets, providing features and capabilities that will make institutional adoption of tokenized securities a reality. Ondo’s team has been developing this project for several months and believes its launch will take institutional tokenization to the next level. Current challenges in adopting tokenized securities that Ondo Chain seeks to overcome include incompatibility with decentralized finance, cross-chain liquidity fragmentation, and high transaction fees. Regulatory concerns, bridging issues, and network security risks also remain key hurdles. Other platforms, including Sui ( SUI ) and Aptos ( APT ) are also eyeing this market. You might also like: Tokenized funds go on-chain as Sui, Libre Capital expand blockchain finance To offer a solution to these challenges, the proof-of-stake blockchain combines the benefits of both public and permissioned chains. Public blockchains offer openness while permissioned chains allow for enhanced compliance and security features. Apart from institutional-grade network security, and permissioned validators, native omnichain messaging and proof of reserves are some of the features built into Ondo Chain. Native support for RWAs in DeFi, allowing for dApps that offer access to borrowing, lending and staking with real-world assets is another key feature. “Through these features, Ondo Chain will provide infrastructure purpose built for the tokenization of RWAs while catering to the comprehensive needs of both traditional and crypto-native investors. By combining the strengths of public and permissioned blockchains, Ondo Chain aims to foster a thriving ecosystem where the potential of tokenized RWAs is fully realized,” the Ondo team wrote. Ondo Finance aims to create a cost-effective experience for investors, encourage broader financial institution participation, and support further development across crypto wallets, protocols, and applications. The goal is to deliver a blockchain network that bridges decentralized finance with traditional finance. According to data from RWA.xyz, the global market for tokenized real-world assets has grown steadily over the past year. Major players such as BlackRock have contributed to this expansion, bringing the total value of tokenized assets onchain to over $17 billion. Meanwhile, Ondo’s $650 million market share is part of the $3.5 billion tokenized U.S. Treasuries market. Read more: Ondo Finance announces framework to bring stocks, bonds, and ETFs onchain
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Jupiter Exchange Regains X Account Following Hack
![Jupiter, a Solana-based decentralized exchange aggregator, had its X account briefly compromised, with the attacker using it to promote scam tokens, leading to market turbulence. The team has since regained control of the page, confirming that no funds or customer data were affected. Hack Leads to Token Scam Promotion The drama kicked off in the early hours of February 6 when an unknown attacker took over Jupiter’s X account, which boasts more than half a million followers. They then started posting about a newly launched meme coin called $MEOW, with the name a play on the platform co-founder’s pseudonym, Meow. On-chain records show that within minutes of the promotion, the fake token’s market value flew past $20 million as it attracted unsuspecting investors. However, the bad actor soon drained its liquidity pool, leaving traders unable to sell their holdings. Interestingly, as panic started spreading, the attacker doubled down on their scheme, using the Jupiter handle to push another token, DCOIN. Soon after, a related page, JupiterDAO, issued a warning , urging users not to interact with the fraudulent posts from the compromised main account. “Do not click on any links. Do not copy-paste any CA’s,” it cautioned. Nonetheless, the damage had already been done, with the price of Jupiter’s native JUP token nosediving 12% soon after news of the hack leaked. Team member Ben Liew also took to X, telling followers they were working with different unspecified parties to recover the profile. Hours later, the exchange announced it had regained control of its handle. It also reassured users that all customer funds and treasury holdings were secure, as they are stored in multisig wallets. Additionally, it stressed that no other communication channels had been breached, with the incident isolated to X. Jupiter co-founder Meow later revealed that they had been traveling with another key team member, Mei, at the same time when the attack happened. However, Mei was unreachable because of poor Wi-Fi signals, thus delaying the initial response to the situation. X Hacks Are Becoming More Prevalent It is not the first time hackers have targeted the social channel of a prominent crypto entity or personality. In the last couple of months alone, there have been many such cases, including an attack on former Department of Government Efficiency (D.O.G.E.) co-lead Vivek Ramaswamy’s X account last December. On that occasion, the hackers announced a fake partnership between the task force and the USUAL stablecoin project, boosting its native token to an all-time high price of $1.61. In a more recent incident, bad actors forcefully accessed the social accounts of three crypto projects , Foresight Ventures, Holoworld AI, and Litecoin, using them to promote a slew of bogus tokens. Another criminal also hacked the Nasdaq Twitter page to push a fake meme coin called STONKS, with its market cap blowing up to $80 million before the scammers pulled the rug from under the feet of oblivious investors. The post Jupiter Exchange Regains X Account Following Hack appeared first on CryptoPotato .](/image/67a519736d562.jpg)
Jupiter, a Solana-based decentralized exchange aggregator, had its X account briefly compromised, with the attacker using it to promote scam tokens, leading to market turbulence. The team has since regained control of the page, confirming that no funds or customer data were affected. Hack Leads to Token Scam Promotion The drama kicked off in the early hours of February 6 when an unknown attacker took over Jupiter’s X account, which boasts more than half a million followers. They then started posting about a newly launched meme coin called $MEOW, with the name a play on the platform co-founder’s pseudonym, Meow. On-chain records show that within minutes of the promotion, the fake token’s market value flew past $20 million as it attracted unsuspecting investors. However, the bad actor soon drained its liquidity pool, leaving traders unable to sell their holdings. Interestingly, as panic started spreading, the attacker doubled down on their scheme, using the Jupiter handle to push another token, DCOIN. Soon after, a related page, JupiterDAO, issued a warning , urging users not to interact with the fraudulent posts from the compromised main account. “Do not click on any links. Do not copy-paste any CA’s,” it cautioned. Nonetheless, the damage had already been done, with the price of Jupiter’s native JUP token nosediving 12% soon after news of the hack leaked. Team member Ben Liew also took to X, telling followers they were working with different unspecified parties to recover the profile. Hours later, the exchange announced it had regained control of its handle. It also reassured users that all customer funds and treasury holdings were secure, as they are stored in multisig wallets. Additionally, it stressed that no other communication channels had been breached, with the incident isolated to X. Jupiter co-founder Meow later revealed that they had been traveling with another key team member, Mei, at the same time when the attack happened. However, Mei was unreachable because of poor Wi-Fi signals, thus delaying the initial response to the situation. X Hacks Are Becoming More Prevalent It is not the first time hackers have targeted the social channel of a prominent crypto entity or personality. In the last couple of months alone, there have been many such cases, including an attack on former Department of Government Efficiency (D.O.G.E.) co-lead Vivek Ramaswamy’s X account last December. On that occasion, the hackers announced a fake partnership between the task force and the USUAL stablecoin project, boosting its native token to an all-time high price of $1.61. In a more recent incident, bad actors forcefully accessed the social accounts of three crypto projects , Foresight Ventures, Holoworld AI, and Litecoin, using them to promote a slew of bogus tokens. Another criminal also hacked the Nasdaq Twitter page to push a fake meme coin called STONKS, with its market cap blowing up to $80 million before the scammers pulled the rug from under the feet of oblivious investors. The post Jupiter Exchange Regains X Account Following Hack appeared first on CryptoPotato . crypto.news
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Harrison Ford: `Indiana Jones` Game Voice Actor Shows You Don`t Need AI to `Steal My Soul`
"He did a brilliant job and it didn’t take AI to do it," the actor, also known for playing Han Solo, told the Wall Street Journal. crypto.news