Browsing: stablecoins
Circle’s reserve engine absorbed a tough second quarter. Gross USDC redemptions exceeded mints by about $4 billion, and reserve yield…
After 3 reverse stock splits and a $13.5M loss, this real estate firm bet $8M on crypto it may not be allowed to withdraw
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Real estate services company La Rosa Holdings put $8.14 million of digital assets on its March 31 balance sheet in…
One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story
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Stablecoin Development Corporation, a public company built around holding and staking Sky Protocol’s SKY governance token, reported that $2.2 million…
Biotech company asks shareholders to dilute stock by 951% to hoard illiquid crypto token instead of funding its own drug
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Enlivex, a Nasdaq-listed biotechnology company, is asking shareholders to authorize up to $800 million of financing tied to the RAIN…
As Ethereum turns 11 years old it hosts $148B in stablecoins, but daily mainnet revenue just fell to $330k
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Ethereum turned 11 on July 30, the anniversary of the day users generated and loaded the Frontier genesis block in…
BitMEX wipes out 35 derivatives as exchange shutdown approaches with punishing post-closure fees
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BitMEX settled 35 derivatives today, July 30, closing any remaining positions and canceling open orders as the exchange moved another…
Compromised owner contract just let hackers print 5.2 million WEMIX stablecoins out of thin air, forcing a complete network freeze
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The WEMIX team said compromised ownership of a contract tied to its WEMIX$ stablecoin enabled approximately 5.23 million tokens to…
On-chain data shows 5,280 ETH draining into single address following quiet Triple-A wallet breach
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Triple-A, a Singapore-based stablecoin payments firm, said unauthorized access to wallets holding its own digital assets was contained without affecting…
31 newly discovered vulnerabilities expose 99% of x402 crypto payments to asset theft and free shopping
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A new security study reported 31 previously unknown vulnerabilities across 15 major facilitators supporting x402, an HTTP-native standard for programmatic…
Why two public companies quietly liquidated 511 Bitcoin in 24 hours to escape $31.7 million in debt
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KULR Technology Group, a US-listed battery technology company, and The Smarter Web Company, a UK-listed web services group with a…