Payments
Markets

Balance Coin Crashes 99% After Attacker Feeds a Fake Bitcoin Price Into 42DAO

An oracle-manipulation exploit let an attacker liquidate collateralized vaults that should have been safe, netting about $912,000 and collapsing the stablecoin’s peg. The post Balance…
DeFi

UK digital bond plans hinge on one missing piece: onchain cash

Experts say Britain’s digital gilt pilot can unlock trapped liquidity in financial markets only if regulators approve an onchain stablecoin. Read Full Story at Coindesk.com…
Payments

Coinbase Settles FOIA Fight With the SEC Over Gensler’s Vanished Texts

Bitcoin Magazine Coinbase Settles FOIA Fight With the SEC Over Gensler’s Vanished Texts Coinbase settled its FOIA lawsuit against the SEC after the agency admitted…
Industry News

US targets $26.4 million in five crypto scam cases as DOJ says $800 million recovered

The filings show an asset-first strategy, but restraint, forfeiture and victim repayment remain separate stages. The post US targets $26.4 million in five crypto scam…
DeFi

BitMine gets 98% of revenue from staking as a decade-long contract complicates an early exit

Ethereum Tower can keep its 2% interest and may elect continuing fees or a formula-based payment after a covered termination. The post BitMine gets 98%…
Institutional

Augustus Raises $180 Million to Build a Stablecoin-Ready 'Global Dollar Bank'

The Tiger Global-led round values the startup at $1 billion as it wires stablecoin rails directly into a federally chartered bank, aiming to modernize the…
Institutional

Jack Mallers Steps Down as Twenty One Capital CEO as Tether Merger Unravels

The Strike founder is leaving the Tether-controlled treasury company after a board disagreement, as a proposed three-way merger with Strike and Elektron Energy collapses. The…
Markets

Tether Gold recognized as Accepted Spot Commodity in Abu Dhabi financial center

The recognition allows regulated firms in Abu Dhabi Global Market to offer services involving Tether Gold as tokenized commodities gain broader adoption. Read Full Story…
Institutional

Bank of Korea Scales Up CBDC Pilot With Half a Million Users

Phase 1 of Project Hangang opened 81,000 wallets with 42% of them using the CBDC. Phase 2 is bigger, and this time it moves real…
DeFi

Exodus Cuts 25% of Its Global Workforce to Fund a Full-Stack Payments Pivot

The self-custody wallet maker is cutting its headcount as it trades crypto swap fees for stablecoin cards and settlement. The post Exodus Cuts 25% of…