Stablecoins
Polkadot Treasury Lost $1.38 Million After XCM Patch Missed Production
The Polkadot Treasury suffered a $1.38 million loss due to a flaw in the XCM protocol. The issue distorted pricing in the DOT/dotUSD pool....
Stablecoins
NEAR Adds 24/7 NIFTY 50 Perpetual With Cross-Chain Funding
NEAR has added a perpetual contract indexed to the NIFTY 50, available 24 hours a day. The Hyperliquid-based contract allows leverage of up to...
Stablecoins
Wirex to Host New Stablecoin Infrastructure Conference, Full Stack London
Wirex, a global stablecoin infrastructure provider, will host Full Stack London, a new conference focused on the sector, on Thursday, November 12, at the...
Stablecoins
Dialectic Launches SpaceX Yield Vault Using Aave Loans on Base
Dialectic launched a yield vault on Base linked to tokenized SpaceX shares. The “Starloop” strategy borrows USDC against those tokenized securities. This creates a...
Stablecoins
Circle reports $865 million in Q3 revenue and reserve income, discloses 5% workforce reduction
Circle reported $865 million in revenue and reserve income in the third quarter. The company also disclosed a workforce reduction affecting approximately 5% of...
Stablecoins
USDC Issuer Circle Quietly Cuts 5% of Staff in Profitable Quarter
Circle reduced about 5% of its workforce to align its organization with its operating model and strategic priorities, without specifying the number of employees...
Stablecoins
ZachXBT Names French Banking Giant in Alleged $133M Crypto Heist
ZachXBT identified Crédit Mutuel Arkéa, a French bank holding more than €235 billion in assets, as the European financial institution behind an alleged crypto...
Stablecoins
Circle Layoffs Hit 5% of Staff in a Profitable Quarter: Why Now?
Circle laid off 5% of its workforce in the third quarter despite reporting a profit. Over the same period, reserve income declined and USDC...