Former Binance CEO Changpeng Zhao (CZ) has raised fresh concerns over the growing sophistication of North Korean cyberattacks targeting the crypto industry. In a post on X, Zhao highlighted that these actors are not only creative but also patient, leveraging long-term strategies to infiltrate firms and compromise systems. These North ...
Read moreDetailsQuick Breakdown First-of-its-kind: USDY is the first yield-bearing stablecoin launched on Stellar. Backed by Treasuries: Returns come from U.S. Treasuries and bank deposits. Instant access: Already integrated into Stellar apps like LOBSTR and Soroswap. Ondo Finance has launched its United States Dollar Yield (USDY) stablecoin on the Stellar network, introducing ...
Read moreDetailsQuick Breakdown: BDACS launched KRW1 as South Korea’s first proof-of-concept won stablecoin, fully backed 1:1 by Woori Bank reserves. The stablecoin features real-time reserve verification, planned audits, and compliance modules to meet future regulations. KRW1 aims to enable secure payments, remittances, and institutional settlement once Korea’s digital asset framework takes ...
Read moreDetailsQuick Breakdown DBS, Franklin Templeton and Ripple partner to launch tokenized trading and lending on the XRP Ledger. sgBENJI and RLUSD will be listed on DBS Digital Exchange, enabling 24/7 stablecoin-to-fund trading. The initiative taps into growing institutional demand for regulated, onchain investment products. Institutional push into tokenized finance DBS, ...
Read moreDetailsIn crypto, stablecoins are the closest thing to \"safe\", or so we like to believe. Designed to hold steady amid market chaos, stablecoins have become the financial glue of DeFi, powering everything from lending protocols to cross-border payments. But not all stablecoins are created equal. On one side of the ...
Read moreDetailsQuick Breakdown: SEC approves streamlined listing standards for crypto-linked Commodity-Based Trust Shares. Exchanges gain the ability to list spot digital asset products without prior rule-change filings. Grayscale Digital Large Cap Fund and Bitcoin ETF index options receive approval. The U.S. Securities and Exchange Commission (SEC) has approved new generic listing ...
Read moreDetailsQuick Breakdown: WEMADE unveils STABLE ONE, a KRW stablecoin mainnet targeting global adoption. Open-source release set for October, with testnet in November. Full launch expected in Q1 2026, promising compliance, speed, and transparency. WEMADE has formally entered the Korean won-backed stablecoin market, announcing the launch of its dedicated blockchain mainnet, ...
Read moreDetailsQuick Breakdown: KOSCOM filed trademarks for multiple Korean won-denominated stablecoins, signalling plans to lead in South Korea’s digital asset market. The firm created a Digital Asset Business Promotion Task Force to pursue PoCs on settlement efficiency and tokenized securities integration. New FSC rules on crypto lending set a 20% interest ...
Read moreDetailsQuick Breakdown: HYPE token hit record highs, gaining 40% in a month to near $16B market cap. Arthur Hayes and Nansen spotlighted the rally, citing bullish upside and aggressive leveraged trading. Native Markets secured the USDH ticker, stirring debate in DeFi’s derivatives race. The native token of decentralized derivatives exchange ...
Read moreDetailsQuick Breakdown: Coinbase CEO Brian Armstrong signals strong bipartisan momentum for the U.S. crypto market structure bill. The legislation aims to define regulatory authority over digital assets, especially beyond stablecoins. Lawmakers also resist banking industry pressure to restrict yield-bearing stablecoins. Coinbase CEO Brian Armstrong expressed optimism this week that key ...
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