Seneca Stablecoin Hacker Returns Stolen Funds After Exploit
Seneca stablecoin protocol suffers $6.4M breach due to smart contract flaw. Swift response prompts partial recovery, highlights decentralized protocol security challenges.
Huang BoSeneca stablecoin protocol suffers $6.4M breach due to smart contract flaw. Swift response prompts partial recovery, highlights decentralized protocol security challenges.
Huang BoTether, the world's leading stablecoin issuer, is undergoing a leadership shift, with Paolo Ardoino set to become the CEO in December 2023.
BitcoinworldNotable contributors include Jane Street Capital, Flow Traders, Two Sigma Ventures, Electric Capital, Jump Crypto, QCP Capital, GSR Markets, Belvedere Trading, and Framework Ventures.
AlexThe primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.
DavinA new breed of app-specific stablecoins could be just what DeFi needs.
BanklessThe main idea is in LLAMMA: replacing liquidations with a special-purpose AMM.
PoTDAO @0xJamesXXXJustin Sun speculated in a tweet that struggling trading firm Alameda might have started the depeg by selling its USDD holdings.
CoindeskHow will this $150 billion industry evolve?
CointelegraphThe U.S. continues to lead the world in regulating and embracing the cryptocurrency industry, but the Stablecoin TRUST Act may present quite a few hurdles for new entrants.
CointelegraphAlthough USDC is the second largest Stablecoin, it is the most used on-chain Stablecoin in the Crypto space.
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