Hong Kong is taking a bold step to regulate stablecoins, setting a high bar with a 25M HKD minimum capital requirement. This move aims to position the city as a global leader in digital assets while ensuring transparency and security. What Does Hong Kong’s Stablecoin Regulation Entail? The Hong Kong Monetary Authority (HKMA) has introduced […]
The legal battle surrounding Do Kwon, founder of Terraform Labs, may take a dramatic turn as the ‘Genius Act’ looms over his upcoming U.S. criminal trial. Could this bill reshape the charges against him? Here’s what you need to know. How the Genius Act Could Impact Do Kwon’s Trial Judge Paul Engelmayer recently hinted that […]
South Korea’s payment landscape is evolving rapidly, and Npay—backed by tech giant Naver—is leading the charge with its ambitious plan to build Korean won-based stablecoin infrastructure. This move could revolutionize digital payments in the region. Why is Npay Building Korean Won Stablecoin Infrastructure? Npay’s initiative aims to create a seamless bridge between traditional finance and […]
In a shocking turn of events, the stablecoin protocol Resupply was exploited for $9.5 million due to manipulated exchange rates. This breach highlights the vulnerabilities in DeFi systems and raises concerns about stablecoin security. Here’s what happened and why it matters. How Was the Stablecoin Protocol Resupply Exploited? According to The Block, the attacker inflated […]
In a shocking turn of events, Resupply, a decentralized stablecoin protocol, has suffered a $9.5 million exploit. The attack targeted the wstUSR market, forcing the team to pause the compromised smart contract. Here’s what you need to know. How Did the Resupply Smart Contract Exploit Happen? The exploit was limited to the wstUSR market, according […]
Recent reports about South Korea’s government preparing a stablecoin bill have been refuted by the ruling party. Here’s what happened and why it matters for the cryptocurrency community. South Korea’s Ruling Party Clarifies Stablecoin Bill Misinformation A spokesperson from South Korea’s Democratic Party of Korea (DPK) told Coin Pulse that claims about the Ministry of […]
In a groundbreaking move, Taurus has unveiled a privacy-focused stablecoin contract on the Aztec Network, designed specifically for financial institutions. This innovative solution combines zero-knowledge privacy with USDC-style compliance, addressing the growing demand for encrypted transactions in the crypto space. Why Taurus’ Privacy-Focused Stablecoin is a Game-Changer Taurus’ new contract offers a unique blend of […]
The cryptocurrency world is buzzing as Trump-backed World Liberty Financial (WLFI) prepares to release its first audit for the USD1 stablecoin. This highly anticipated audit will disclose critical details about the stablecoin’s reserve backing, setting a new benchmark for transparency in the crypto space. Why is the USD1 Stablecoin Audit a Game-Changer? The USD1 stablecoin […]
In a bold move, JPMorgan has set an $80 price target for Circle (CRCL) by December 2026, stirring discussions in the cryptocurrency community. What does this mean for the stablecoin market and the rise of CBDCs? Let’s dive in. JPMorgan’s $80 Price Target: A Vote of Confidence or Caution? JPMorgan’s analysts have highlighted Circle’s strong […]
In a significant move for the crypto market, Whale Alert reported that 250 million USDC has been minted at the USDC Treasury. This massive issuance raises questions about liquidity, market stability, and future trends. Let’s break down what this means. Why Did the USDC Treasury Mint 250 Million USDC? The USDC Treasury’s decision to mint […]
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