The $116 million Balancer exploit appears to have been months in the making, with the attacker utilizing Tornado Cash and advanced methods to evade detection.
AI systems drive crypto fraud while the industry relies on outdated postmortems. Real-time transaction defense must become infrastructure.
Stablecoin settlement times vary wildly depending on their blockchain. Purpose-built payment chains must remain open, or they will repeat TradFi fragmentation.
Columbia Business School adjunct professor Omid Malekan claimed there are a few crypto buying companies that tried to “create sustainable value. But I can count them on one hand.”
Mastercard’s rumored $2-billion crypto deals could bring 24/7 settlement to traditional finance, but liquidity, risk and compliance may slow it down.
Stream Finance is investigating a $93 million loss and has paused deposits and withdrawals, which has caused its stablecoin to depeg to $0.50.
Stablecoins, tokenized money market funds and tokenized treasuries could become a common treasury asset in the future, Fireblocks’ John Hallahan told Cointelegraph.
Fellow miner IREN also signed a multi-year GPU cloud services contract with Microsoft worth $9.7 billion on Monday.
The partnership will place key FTSE Russell and Russell index data on blockchains, expanding public access to reliable market information.
A clear guide to WLFI, the TRUMP memecoin and USD1, explaining how token sales, trading fees and treasury deals produced $802 million for Trump-linked ventures.