Cryptocurrency market bounce aligns with stablecoin market cap growth, signaling increased industry inflows. Recent plateau suggests stagnant sentiment. Future stablecoin trends may offer insights into broader market direction.
Huang BoCyvers detected a coordinated attack on Sonne Finance and BlockTower Capital, resulting in substantial losses. Sonne's Optimism Market was suspended after a theft of $20 million, while BlockTower suffered partial fund drainage. The incident highlights the ongoing threat to DeFi security.
Huang BoBesides raising red flags on the stability of the stablecoin market, Deutsche Bank's research analysts expressed particular concern about Tether's prominent position in the stablecoin market, highlighting issues such as speculation and a perceived lack of transparency.
KikyoDespite implementing security upgrades following a previous breach, FixedFloat emphasises that user funds remain secure and unaffected.
CatherineBinance discontinues TRC-20 USDC support, prompting users to convert holdings. Circle and Tron remain silent on the matter. USDT surpasses $100B market cap amid concerns over asset backing and regulatory scrutiny.
EdmundRagnarok Landverse and Ultraman are teaming up to offer players thrilling quests and adventures in the popular MMORPG. With exclusive costumes and event-exclusive dungeons, players can immerse themselves in the action from February 26 to March 24.
JoyCircle has decided to stop supporting USDC on the TRON blockchain due to risk management concerns, possibly influenced by allegations of TRON's involvement in terrorism financing. Despite this, TRON's cryptocurrency, TRX, continues to perform well in the market.
MiyukiVisa and Transak's collaboration facilitates seamless crypto-to-fiat conversions directly to Visa debit cards, offering users in 145 countries a faster and more accessible experience. This move signifies a substantial step towards mainstream acceptance and utilization of cryptocurrencies, enhancing the global reach of digital assets.
JoyThe timing of Circle's IPO hinges on the completion of the review process by the Securities and Exchange Commission, coupled with prevailing market conditions.
AlexAvraham Eisenberg is convicted of a $110 million fraud on Mango Markets, manipulating MNGO token prices and exposing DeFi vulnerabilities.
MiyukiCrypto exchange Blockchain.com has raised $110 million in new funding — but it reportedly did so at a fraction of its previous valuation.
Pr0phetMoggyDespite publicly confessing to his actions, Eisenberg has pled not guilty to all charges.
AlexEisenberg's lawyers say that the Mango Labs filing lacks the likelihood of success.
BeincryptoThe Solana-based decentralized exchange (DEX) Mango Labs sued Avraham Eisenberg for its “profitable trading strategy.”
BitcoinistAvraham Eisenberg has become the first U.S. resident to face charges for manipulating and draining $110 million from a DeFi protocol.
cryptopotatoThe Mango Markets exploiter is back—but this time, things might not be going as planned.
Crypto Briefing
Coinlive The Aptos Foundation has officially announced that they will be issuing a total of 20,076,150 APT Tokens that will airdrop to 110,235 testnet participants.
OthersDoes M&M’s need the Bored Ape Yacht Club? Or is it the other way around? Is this partnership cool or ...
Bitcoinist