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Blockchain data showed stablecoin issuer Paxos both minted and burned 300 trillion tokens of the PayPal USD stablecoin within 30 minutes, leaving many crypto users scratching their heads.In a Wednesday X post following the mint and burn, Chaos Labs founder Omer Goldberg said Aave would be temporarilā¦
A Hyperliquid user operating wallet address 0x0cdCā¦E955 has lost $21 million worth of crypto to hackers, following a private key breach.Blockchain security specialists at of stolen assets through on-chain analysis, revealing that the attackers quickly moved to transfer the compromised funds to the Eā¦
A group of banks is in the process of exploring the launch of stablecoins focused on some of the worldās biggest fiat currencies, including the US dollar, euro and Japanese yen.According to a Friday statement from BNP Paribas, banks including Bank of America, Goldman Sachs, Deutsche Bank and Citi saā¦
The Polkadot community on a proposal for pUSD, a native stablecoin backed entirely by DOT tokens, through a governance referendum currently underway on the networkās āWish for Changeā track.The proposal, detailed in RFC-155 and authored by Bryan Chen, would deploy the stablecoin on Polkadot Asset Huā¦
A notorious crypto wallet linked to the Coinbase hacker made another big crypto purchase. The $300 million Coinbase hacker added approximately 3,976 Ether for $18.9 million, when it is trading at $4,724.79. The crypto company is yet to drop a comment on this matter.Ā How is Coinbase Hacker Making Morā¦
Flows into Iranian crypto trading platforms have fallen in 2025 due to a breakdown in nuclear negotiations with Israel, a $90 million hack on Iranās largest crypto exchange, and a major stablecoin blacklisting, says blockchain analytics firm TRM Labs.Iranian crypto flows hit $3.7 billion between Janā¦
A blockchain investigator has attributed at least $5.27 million in crypto stolen over three weeks to a rising scam service known as Vanilla Drainer.Drainers are entities that provide scam software to fraudsters, often paired with phishing tactics to access victimsā funds. Vanilla is part of a new geā¦
The ink on the GENIUS Act is barely dry, but its ripple effects are already visible across the crypto industry. In just seven days, the sector added nearly $4 billion, pushing the stablecoin market cap above $264 billion and fueling corporate interest in related ventures. The surge is no surprise. Tā¦
Opinion by: Merav Ozair, PhDLately, stablecoins are everywhere ā this time around, headed by ātraditionalā financial institutions. Bank of America and Standard Chartered are considering launching their own stablecoin, joining JPMorgan, which launched its stablecoin, JPM Coin ā rebranded as Kinexys Dā¦
Sky's core governance design team, Atlas Axis, submitted a proposal Wednesday that, if approved, would complete the protocol's upgrade from MKR to SKY. This shift would make SKY the exclusive governance token and enable staking, unlocking USDS rewards for SKY holders.Sky co-founder Rune Christensen ā¦
The concept of a Russian ruble stablecoin received special attention at a major local crypto event, the Blockchain Forum in Moscow, with key industry executives reflecting on some of the core features a ruble-backed stablecoin might require.Sergey Mendeleev, founder of the digital settlement exchangā¦
Today in crypto, the US Securities and Exchange Commission dropped its lawsuit against Kraken, Binance announced it will delist nine stablecoins, including USDT and DAI, in Europe on March 31 to comply with MiCA regulations, and United States President Donald Trump announced several assets are set tā¦