A coordinated strike towards decentralized derivatives platform Hyperliquid resulted in almost $5 million in losses from its Hyperliquidity Provider (HLP) vault. Key Takeaways: An attacker burned $3 million to manipulate Hyperliquid’s POPCAT market. The transfer induced almost $5 million in losses to the platform’s Hyperliquidity Provider vault. The exploit concerned splitting funds throughout 19 wallets…
The Monetary Authority of Singapore (MAS) plans to pilot the issuance of tokenized MAS payments that will probably be settled utilizing central financial institution digital forex (CBDC). Key Takeaways: MAS will pilot tokenized authorities payments settled with a CBDC. The transfer marks a serious step towards integrating blockchain-based belongings into Singapore’s monetary system. DBS, OCBC,…
Cybercriminals in Australia are exploiting the federal government’s official cybercrime reporting system to pose as federal cops and steal cryptocurrency from unsuspecting victims, authorities warned on Wednesday. Key Takeaways: Scammers are exploiting Australia’s ReportCyber platform to impersonate federal police and steal cryptocurrency. Fraudsters use stolen private information and pretend case numbers to make their schemes…
A choose on the Dubai International Financial Centre (DIFC) has imposed a worldwide freeze on $456 million in assets tied to the alleged misappropriation of TrueUSD (TUSD) stablecoin reserves, a case linked to Tron founder Justin Sun’s earlier bailout of the token. Key Takeaways: A Dubai courtroom has ordered a worldwide freeze on $456 million…
Crypto fund supervisor Canary Capital has filed to launch the primary U.S. exchange-traded fund (ETF) tied immediately to MOG Coin, a memecoin on the Ethereum community. This marks Canary’s first foray into launching a fund to monitor the worth of a memecoin. The funding agency formally submitted S1 registration with the US SEC on Wednesday,…
LunarCrush data has indicated a pointy enhance in XRP attention, coinciding with discussions in regards to the potential for a primary U.S. spot XRP ETF itemizing on Nasdaq this week. Mentions and engagements accelerated into the information window, whereas AltRank improved from prior lows, suggesting social exercise clustered across the identical theme. CoinMarketCap exhibits XRP…
Altcoin season exercise remains uneven, but selective energy continues to seem in tokens tied to clear use circumstances and group engagement. Decred, SKY, and Story have been among the many few names to put up double-digit every day positive aspects, drawing consideration to area of interest areas of exercise whereas the broader market stays cautious….
The privateness coin market was jolted again into the headlines this week after BitMEX co-founder Arthur Hayes issued a stark warning to Zcash holders, urging them to withdraw their tokens from centralized exchanges or threat shedding the very privateness the asset was designed to shield. On Wednesday, Hayes took to X (previously Twitter) to caution…
Zcash (ZEC) is going through its most risky week of the yr. From its latest high close to $750, the coin has now fallen greater than 35%. Despite the sharp correction, many specialists stay bullish on ZEC. What makes them imagine this correction received’t derail a stronger upcoming bull run? Here are the important thing…
Circle Internet Group, Inc. (NYSE: CRCL) reported a powerful third quarter for fiscal yr 2025, with USDC circulation reaching $73.7 billion, up 108% year-over-year. The surge in stablecoin utilization drove whole income and reserve earnings to $740 million, marking a 66% improve from the identical interval in 2024. This morning we shared our Q3 outcomes…