Cronos Reports $9.2 Million Unrecovered After Tectonic Hack and Rollback
Cronos, a Layer 1 blockchain tied to Crypto.com, verified that approximately $9.19 million exited the network during the August 30 exploit and has not been…
DeFi
A Two-Key Security Vulnerability Could Threaten $91 Billion in USDT
Approximately half of all circulating USDT, amounting to roughly $91.3 billion on the Tron blockchain, is managed by a contract whose administrative privileges could be…
Liquid Network Hacker Vows to Send Back Majority of 4,000 BTC Following Security Patch
The individual who extracted approximately 4,000 BTC from the Liquid Network federation wallet over the weekend has sent back about 85% of the assets after…
Stablecoin Wallets Challenge Traditional Bank Accounts as Main Consumer Money Hub
Traditional bank accounts are not vanishing just yet, but their role as the sole place where consumers hold and move money is being increasingly challenged…
DBS and Citi Execute Initial Weekend USD Transfer Across Singapore and U.S. Using Tokenized Deposits
On Monday, DBS and Citi announced the successful execution of the inaugural weekend U.S. dollar transaction linking Singapore and the United States through tokenized deposits…
DBS and Citi Execute First Weekend Tokenized Cross-Border Deposit on Swift
Singaporean financial services enterprise DBS and US financial titan Citi successfully performed the initial weekend tokenized international transfer between the United States and Singapore on…
US Inflation and Coinbase Deribit Migration Lead Crypto Week Ahead
Crypto Week Ahead functions as an exhaustive overview detailing upcoming developments across the blockchain and cryptocurrency sectors, alongside the principal macroeconomic factors shaping digital asset…
South Korea’s Hanwha Builds Avalanche-Based Tokenized Securities Platform Amid Evolving Regulations
Hanwha Investment & Securities, a prominent South Korean brokerage firm, has allegedly created a tokenized securities network utilizing Avalanche (AVAX). Based on a Sunday publication…
Coldcard Hacker Transfers Nearly Half of Wave 3 Stolen Assets, Reports Galaxy
The perpetrator responsible for the security breaches affecting Coldcard bitcoin hardware wallets has transferred 45 percent of the funds pilfered during the third phase of…
Ethena Brings Stablecoins to Mainstream Banking Through High-Yield Savings and Cards
Summary Ethena is branching into consumer finance via the Ethena Pay neobank application, providing savings, payment capabilities, and money transfers. The platform features a 6%…