Stablecoins
Binance hackers raced to move billions before it could be frozen
Hackers moved around $2.84 billion in crypto assets, according to Elliptic, while retaining control of roughly $3.33 billion that issuers could not freeze. Tether...
Stablecoins
Uniswap launches TJAR fee tool, but only fast searchers capture the hidden arbitrage profit
Uniswap explained on Oct. 30 how TJAR (Token Jar) lets applications exchange accumulated fee tokens for a fixed payment. Opened to other apps on...
Stablecoins
Walmart-backed OnePay now lets users deposit USDC straight into checking
OnePay, the Walmart-backed mobile fintech, now allows select US customers to deposit USDC directly into their OnePay checking account. The stablecoins are automatically converted...
Stablecoins
Tokenized stocks could follow stablecoins’ growth path over next five years, Flowdesk CEO says
The tokenized stock market has reached approximately $4.63 billion in capitalization, similar to the stablecoin market in March 2020 before expanding nearly 64-fold. Flowdesk...
Stablecoins
Crypto: Who Owns the $6.3 Billion Stolen from Binance?
The funds stolen from Binance belonged to customers through a trust operated by Nest Clearing and Custody Limited, rather than to the platform itself....
Stablecoins
Coinbase’s $719 million profit reveals a company caught between two crypto economies
Coinbase reported a $719 million net profit in the third quarter despite weaker spot trading activity. Revenue reached $1.216 billion, down 35% year over...
Stablecoins
Coinbase leads crypto stock selloff following $6.3B Binance hack
Binance confirmed Friday that hackers stole about $6.3 billion, marking the largest cryptocurrency theft on record. Following the disclosure, Coinbase shares fell, while IREN...
Stablecoins
Secret Service, FBI Join Binance Hack Probe as Circle Freezes $823 Million
Binance is cooperating with the FBI, the U.S. Secret Service and other law enforcement agencies after hackers stole $6.4 billion from the exchange. Circle...