source: unit42.paloaltonetworks.com

Abracadabra DAO Addresses Hack, Plans Expansions & Resilience

Abracadabra Money recently faced a security incident involving its gmCauldrons, resulting in a loss of about 13 million MIM. The gmCauldrons, which allow users to leverage gmTokens for borrowing MIM or using yield-bearing LP tokens, are essential to the...

source: ft.com

FCA Chief Warns of Crypto Risks for Young Investors

The UK's Financial Conduct Authority (FCA) has raised concerns over the growing number of young investors under 35 turning to cryptocurrencies as their first financial investment. FCA Chief Executive Nikhil Rathi warned that these assets are highly risky, with...

source: USDC Surpasses $60B Market Cap

USDC Surpasses $60B Market Cap, Outpaces USDT Growth

USD Coin (USDC) has reached a new all-time high, surpassing a market capitalization of 60 billion. Over the past three months, it has significantly outpaced its main rival, Tether (USDT), in growth, expanding its supply by 16.3 billion, while...

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