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Nexus Mutual Pays Over $95K in Claims Following Stream Finance Loss
Quick Breakdown Nexus Mutual paid $95K in claims after Stream Finance halted withdrawals following a $93M loss. On-chain insurance covered...
Animoca Brands Partners with Rayls to Expand Tokenized Real-World Assets
Quick Breakdown Animoca Brands and Rayls partner to advance tokenization of real-world assets (RWAs). NUVA marketplace to distribute Rayls-tokenized assets,...
Tether Challenges S&P’s Downgrade, Citing Overlooked Assets and Strong Profitability
Quick Breakdown Tether CEO Paolo Ardoino says S&P’s downgrade overlooked billions in assets, retained earnings, and strong monthly profits. S&P...
North Korea Leveraging AI to Boost Crypto Theft Capabilities, South Korean Report Warns
Quick Breakdown North Korea’s AI development is accelerating and could supercharge state-backed crypto theft, a new INSS report warns. Researchers...
What Happens When AI Starts Mining Crypto for Itself?
Imagine a world where robots not only think for themselves but also make money, and without any help from humans,...
WEMADE Forms Global Alliance to Advance KRW Stablecoin Infrastructure With Chainalysis, CertiK and SentBe
Quick Breakdown WEMADE forms a global alliance with Chainalysis, CertiK, and SentBe to accelerate its KRW-backed stablecoin ecosystem. New security,...
Paxos Launches USDG0 on Aptos, Expanding Stablecoin Liquidity and Cross-Chain Access
Quick Breakdown Paxos’ USDG0 stablecoin launches on Aptos, enabling cross-chain transfers with LayerZero’s burn-and-mint model. USDG0 offers regulated, 1:1 USD...
Bybit Integrates USDT0 on Mantle to Expand Cross-Chain Stablecoin Liquidity
Quick Breakdown Bybit now supports USDT0 deposits and withdrawals on Mantle Network, enabling seamless cross-chain stablecoin transfers. USDT0 uses LayerZero’s...
South African Reserve Bank Says Retail CBDC Not a Priority, Focus Shifts to Payment System Upgrade
Quick Breakdown SARB says there is no immediate need for a retail CBDC, prioritizing payment system upgrades instead. The bank...
Polygon Exec Predicts Surge to 100,000 Stablecoins, Banks Scramble to Retain Capital
Quick Breakdown Polygon predicts 100,000 stablecoins within five years, triggering a “super cycle” in digital assets. Banks face capital outflow,...
