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MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
MGUSD, issued by Stripe's Bridge, will power services across MoneyGram's global network as stablecoins gain traction …
Kelp DAO Hackers Launder Nearly All Recoverable Funds
Hackers linked to North Korean cyber group TraderTraitor have laundered nearly all of the roughly $220 million in un…
Unable to recover from roughly $50 million hack, Radiant Capital is winding down
Radiant Capital said it hasn't been able to recover a meaningful amount of funds or raise new capital since the 2024 …
Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes
In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather t…
Failed Ethereum ICO from 2016 just unlocked 1,003 ETH by exploiting itself
A whitehat and HongCoin's original multisig used a preserved overflow bug to reopen refunds trapped since 2016. The p…
Dogecoin gains access to Paxos network used by PayPal and Venmo
House of Doge struck partnership with Paxos to integrate DOGE across the firm's enterprise-grade brokerage and custod…
Japan's ruling party supports crypto ETF trading, yen-based stablecoins
Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a…
Europe is actively trying to stop the dollar stablecoin takeover
Europeans conduct 38% of global stablecoin transactions, but euro-denominated tokens account for just 0.3% of the tot…
‘Gnosis will cover all user losses’ amid exploit related to Gnosis Pay, co-founder Koppelmann says
Gnosis co-founder Martin Koppelmann said all user losses will be covered as containment efforts continue following an…
Whitehat developer unlocks $2 million stuck in a 2016 Ethereum ICO contract for nine years
0xflorent, a security researcher, found an integer-overflow flaw in the HongCoin token sale contract that lets the te…
Three Sui mainnet halts in 48 hours traced to an upgrade bug by developers
The Sui Foundation's post-mortem published Sunday traces all three outages to interactions between a new address-bala…
Dev helps rescue $2 million locked in 2016 ICO contract for nine years with whitehat exploit
The developer told The Block that two of 48 eligible investors have already claimed 96.5 ETH that was unfrozen, worth…
XRP Ledger's new proposal blocks the flash loan attacks costing DeFi hundreds of millions
A draft XRPL amendment notes that flash loan attacks are "structurally impossible" on the network because of how its …
Cosmos-based Gravity Bridge drained of $5.4 million in suspected key compromise, researchers say
The attacker took USDC, ether, tether and PAYG tokens before laundering a portion through ChangeNow and Binance.
Wall Street’s trillion-dollar dilemma: Why AI-powered hackers are keeping big banks off the blockchain
CertiK CEO and co-founder Ronghui Gu says April was the worst month for DeFi in four years with exploits on 27 out of…
Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit
Zama CEO Rand Hindi said the protocol's confidential USDC contract was "caught in a crossfire" and that his team is i…
Gravity Bridge Exploit Results in $5.4 Million Crypto Loss
Gravity Bridge was exploited in a security breach that resulted in the theft of approximately $5.4 million in digita…
Bitcoin’s biggest quantum risk may not be wallet keys. An early investor fears something bigger
Andrew Gault, the venture capitalist who funded the quantum hardware labs now threatening bitcoin, says the industry …
Mass deployment of AI agents is a disaster waiting to happen, says CertiK CEO
Ronghui Gu shares tips on how to isolate AI agents while testing them so they do not have access to critical personal…
Sui blockchain suffers more downtime following Thursday’s six-hour outage
Sui was offline for 5 hours and 55 minutes on Thursday due to a bug in the blockchain's latest "1.72 release."
Paxos wins SEC approval to clear U.S. stocks on blockchain
Paxos new license positions it alongside legacy giants such as DTCC and makes it a compelling, more efficient alterna…
‘First and only’: Paxos secures SEC registration as clearing and settlement agency
Paxos said it is the first and only blockchain-native firm to be registered as a clearing agency under the SEC.
Solana, Sui and Aptos wallet data targeted in TrapDoor package attack
The campaign targets crypto, DeFi, AI and security developers with fake tooling packages to steal wallets, SSH keys, …
Why the Ethereum Foundation is suddenly again at the center of crypto’s culture war
In this week's edition of The Protocol Newsletter, we're diving deep into the institution that has been the main stew…
Tether's U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals
USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and…
Tether’s USAT supply grows 540% month-over-month, latest attestation shows
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's …
UniCredit warns Europe may struggle to contain crypto-bank crisis under MiCA rules
EU deposit insurance (up to €100,000) may not absorb stress from large stablecoin reserve accounts, unlike the full…
Toddlers learn by falling: Why DeFi's $20 billion TVL drop is just a market stress-test
DeFi Technologies president Andrew Forson says the stablecoin layer is thriving, with more than $150 billion in U.S. …
Sui blockchain suffers another network outage as transactions grind to a halt
This is the second time this year that the Sui network has suffered an outage.
Australia’s Project Acacia shows why tokenized markets still hinge on settlement money
Project Acacia has now tested how tokenized asset markets could settle in Australia. The Reserve Bank of Australia an…