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Cosmos EVM Security Issue Prompts Chain Halt, Bitbank Launches ETH Staking

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Cosmos EVM's security issue has prompted Cosmos Lab to advise related chains to stop operations. This follows reports of KiiChain losing approximately 148 million KII due to a hack.

Meanwhile, Bitbank has launched its Ethereum (ETH) staking service, which rewards users with interest payments every week.

The Japanese financial regulator is considering reviewing the tax procedures for trust-based stablecoins, according to reports.

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