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Today β€” 23 July 2026Main stream

Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq

23 July 2026 at 02:00

Bitcoin Magazine

Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq

BancaStato, the cantonal bank of Ticino in southern Switzerland, has launched regulated crypto trading, a service that lets clients buy, hold, and sell bitcoin from the bank’s existing web and mobile apps, the digital asset bank Sygnum said on Thursday.

The bank connected Sygnum’s application programming interface to its Avaloq core banking system and digital channels, a setup that places bitcoin trading inside the same apps clients use for traditional accounts.Β 

At launch, clients can trade bitcoin (BTC) and other crypto with market orders placed by quantity or U.S. dollar value.

Bitcoin sits at the center of the offering, a pattern across the wave of European banks that have added crypto services. BancaStato clients gain exposure to the asset through a regulated channel rather than a standalone exchange, and their holdings rest in Sygnum’s custody rather than on the bank’s own balance sheet.

Sygnum said client assets are held in an institutional-grade, multi-layer custody solution built on hardware and software controls, governance processes, and independent external audits. The firm said all client assets are held off-balance sheet in regulatory and legal compliance, a structure meant to shield holdings if the bank enters bankruptcy.Β 

The point matters for bitcoin holders, since a bearer asset kept off the balance sheet stays separate from the claims of a failed institution’s creditors.

The integration runs on Sygnum’s B2B API without a separate order management system, an approach the firms said cuts cost and complexity. β€œBancaStato, becoming the first bank on Avaloq’s SaaS environment to enable clients to buy, hold and sell crypto via API with Sygnum directly from within its e-banking platforms, marks a significant step in the maturity and scalability of regulated digital asset infrastructure,” said Fritz Jost, Sygnum’s chief B2B officer.

Founded in 1915, BancaStato runs its core banking and digital channels on the Avaloq platform in a software-as-a-service model. Curzio De Gottardi, the bank’s head of products and services and vice-chairman of its executive board, cast the launch as an extension of the bank’s existing lineup. β€œOur seamless integration of traditional assets, investment solutions β€” and now digital assets β€” further enhances our group’s future-ready offering,” he said.

BancaStato joins Zuger Kantonalbank and more than 25 other banks and financial institutions on Sygnum’s B2B platform. Sygnum said its partner banks give more than a third of the Swiss population a route to own digital assets.

Bitcoin in swiss banks

The launch adds to a run of Swiss institutions bringing BTC to their clients. ZΓΌrcher Kantonalbank, the country’s fourth-largest bank, rolled out bitcoin trading and custody; St. Galler Kantonalbank opened bitcoin buying and custody to retail clients; and UBS has weighed bitcoin trading for select wealth clients. Sygnum itself has built out bitcoin-linked lending, from a partnership with Relai on BTC-backed loans to a $50 million bitcoin-backed syndicated loan for Ledn.

Sygnum holds a Swiss banking license and, since June 30, 2026, a Crypto-Asset Service Provider license under the EU’s Markets in Crypto-Assets Regulation, granted by Liechtenstein’s Financial Market Authority.Β 

That license lets EU banks tap Sygnum’s infrastructure to launch digital asset services, a path other providers such as Bitcoin Suisse have taken from the same jurisdiction.

This post Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

Critical RefluXFS Linux Kernel Flaw Lets Local Attackers Gain Root Access

By: Divya
23 July 2026 at 01:48

A critical vulnerability in the Linux kernel, identified as CVE-2026-64600 and referred to as RefluXFS. This vulnerability enables an unprivileged local user to gain root access on systems that utilize reflink-enabled XFS filesystems. The flaw resides in the XFS copy-on-write path and has reportedly existed since the release of Linux kernel version 4.1 in 2017. […]

The post Critical RefluXFS Linux Kernel Flaw Lets Local Attackers Gain Root Access appeared first on GBHackers Security | #1 Globally Trusted Cyber Security News Platform.

CISA Urges Organizations to Remove Rockwell PLCs From Direct Internet Exposure

23 July 2026 at 01:35

CISA and partner agencies are directing U.S. critical infrastructure operators to immediately remove Rockwell and other programmable logic controllers (PLCs) from direct internet exposure and to hunt for Iranian-affiliated APT activity in OT environments aggressively. In a joint advisory first issued on April 7, 2026 and updated on July 22, 2026, the FBI, CISA, NSA, […]

The post CISA Urges Organizations to Remove Rockwell PLCs From Direct Internet Exposure appeared first on GBHackers Security | #1 Globally Trusted Cyber Security News Platform.

Anthropic Launches Claude Security Plugin to Scan Codebases for Vulnerabilities Before Commit

By: Divya
23 July 2026 at 01:12

Anthropic has launched the Claude Security plugin for Claude Code in beta, enhancing its AI-assisted development platform with security scanning capabilities designed to identify vulnerabilities earlier in the software development lifecycle. The company stated that developers can scan code changes before committing them or initiate comprehensive security reviews across an entire codebase directly from the […]

The post Anthropic Launches Claude Security Plugin to Scan Codebases for Vulnerabilities Before Commit appeared first on GBHackers Security | #1 Globally Trusted Cyber Security News Platform.

Critical Adobe Acrobat Chrome Extension Flaw β€œHermeticReader” Lets Hackers Hijack WhatsApp Chats of 300M+ Users

By: Divya
23 July 2026 at 01:05

Guardio Labs has disclosed a critical vulnerability chain in the Adobe Acrobat Chrome extension that could allow a malicious website to hijack and exfiltrate rendered WhatsApp Web data from affected users. This vulnerability is tracked as CVE-2026-48294 and has impacted Adobe Acrobat extension version 26.5.2. The extension is installed across approximately 329 million browsers. Adobe […]

The post Critical Adobe Acrobat Chrome Extension Flaw β€œHermeticReader” Lets Hackers Hijack WhatsApp Chats of 300M+ Users appeared first on GBHackers Security | #1 Globally Trusted Cyber Security News Platform.

Yesterday β€” 22 July 2026Main stream
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