Infini, a prepaid payments card issuer that offers interest on deposited dollar stablecoins, warned a hacker it had “gathered critical IP and device information” after losing almost all the value locked in its wallets.

The attacker drained $49.5 million from the Hong Kong-based neobank’s wallets, according to Peckshield. The company said only on Sunday it had hit $50 million in total value locked.

The exploit came just days after Bybit, the second-largest cryptocurrency exchange by trading volume, saw a hacker drain its ether cold wallet and make off with nearly $1.5 billion in crypto’s largest exploit.

“We are closely monitoring the address involved and are prepared to take immediate action to freeze any stolen funds if necessary,» Infini told the hacker in a blockchain transaction. «In an effort to resolve this matter amicably, we are willing to offer you 20% of the stolen assets should you choose to return the funds.”

Infini gave the perpetrator 48 hours to “facilitate a swift resolution,” and that failure to respond means it will “have no choice” but to continue its investigation in collaboration with law enforcement.

According to Cyvers, the exploit occurred after a developer who helped set up its smart contract kept admin rights over it. More than three months later, they leveraged these rights and drained the funds to a wallet funded over cryptocurrency mixer Tornado Cash.

The neobank’s founder, Christian Li, has pledged to cover the full loss from his personal funds and took responsibility for the incident.

RealNOI, a company focused on transforming real estate income into a tradable asset, has rolled out its blockchain-powered rental income platform build on top of real-world asset (RWA) tokenization service Chintai.

The platform gives investors access to cash flows worth $570 million from nearly 1,900 apartments with projected annual returns exceeding 5%. Unlike traditional real estate tokenization, which involves fractional property ownership, RealNOI focuses solely on rental income, eliminating the need for title transfers, notaries, or direct property management. Rental cash flows are recorded on-chain for real-time transparency and can be traded on secondary markets.

RealNOI’s launch represents a significant jump from the $124 million initially projected when the company announced its partnership with Chintai in December.

«We have been flooded with inquiries [since the announcement],» Connor Gallic, chief blockchain officer at RealNOI, said in an interview with CoinDesk. Citing a report from commercial real estate intelligence service CRED iQ, he said that 40% of multi-family property owners’ loans have trouble getting refinancing because higher interest rates diminished property valuations and needed additional capital. Tokenizing the rental cashflows can help bridge the capital needs.

«There is a big dislocation in the market,» Gallic said. «Our solution fixes that. And it gives the crypto community an opportunity to show the finance markets the power of the crypto markets to transform the finance industry in a meaningful way.

Chintai describes its services as «Shopify» for asset tokenization with its layer-1 blockchain and native token CHEX powering the network. Chintai Network Services Pte Ltd, the network’s ecosystem development firm, is regulated and licensed by the Monetary Authority of Singapore (MAS) to act as a Capital Markets Services provider and a Recognized Market Operator for primary issuance and secondary market trading in digital securities, according to the project’s white paper.

In this case, RealNOI sources and curates the properties for the platform, while the Chintai handles all tokenization processes, including creating RentStream tokens representing rental income that investors can buy, automated rent payouts through smart contracts and compliance with regulations.

«RealNOI going live is super exciting, but the wider story as well is that this model can be replicated across various industries,» a spokesperson for Chintai said. «You could have countless versions of RealNOI launching with Chintai, powering everything.»

DekaBank, a German investment bank with 377 billion euros ($395 billion) in assets under management, introduced cryptocurrency trading and custody services for institutional clients after almost two years of development.

The Frankfurt-based company’s move follows regulatory approval for a crypto custody license from the Federal Financial Supervisory Authority (BaFin), while operating under the supervision of the European Central Bank (ECB), Bloomberg reported.

«We have the necessary experience, required licenses and a tested, ready-to-use infrastructure to support savings banks and our institutional clients,» board member Martin K. Müller told Bloomberg.

DekaBank, the asset manager of the country’s largest financial services group, Sparkassen-Finanzgruppe, is marketing its new offering with a focus on security and regulatory compliance, according to the report.

Other cryptocurrency offerings in the country’s broader savings bank sector have already been introduced. Financial institutions such as Landesbank Baden-Württemberg (LBBW), have partnered with crypto platforms like Bitpanda to allow corporate clients to buy and sell cryptocurrencies.

Meanwhile Germany’s cooperative banks, led by DZ Bank, are planning to roll out a cryptocurrency offering aimed at private customers by the middle of the year. The initiative is being launched alongside IT service provider Atruvia and the Stuttgart Stock Exchange.

DekaBank had not responded to a request for a comment by publication time.