Tag: Stablecoins

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Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing

Today, the Senate Banking Subcommittee on Digital Assets hosted its first hearing, entitled “Exploring Bipartisan Legislative Frameworks for Digital Assets,” at which certain...

The Ethereum Foundation is donating $1.25M to the legal defense of Alexey Pertsev

The Ethereum Foundation announced it would support the legal defense of Alexey Pertsev, co-founder of Tornado Cash. The Foundation will set aside $1.25M...

Bybit unveils bounty platform to tackle crypto crime following massive Lazarus hack

Bybit announced a bounty platform designed to combat crypto-related crime titled LazarusBounty.com following. The initiative employs a structured, four-pronged approach to identifying illicit...

Thief Washes 18% of $1.4B Haul in 60 Hours

The attacker behind the massive Bybit exploit has already laundered 18% of the stolen funds in just 60 hours. They are reportedly using THORChain...

Neobank Infini celebrates $50M TVL, then suffers $49.5M USDC exploit due to former insider

Infini, a stablecoin-focused neo-bank, suffered an exploit that resulted in a loss of approximately $49.5 million in USDC.Blockchain security firm Cyvers detected the...

Tether Co-Founder to Launch Yeild Bearing Stablecoin USP

Tether co-founder Reeve Collins is launching a decentralized stablecoin that will compete with USDT in an increasingly crowded space that is still dominated...

Over $5.5 Billion Stolen in Pig Butchering Scams: Cyvers Reports

A disturbing trend emerges in the demographic profile of pig butchering scam victims. While older adults have historically been the main targets of...