The feedback could guide how the stablecoin legislation evolves The US Treasury Department has formally invited the public to provide feedback on the newly enacted Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. Signed into law by President Donald Trump in July, the legislation sets the foundation for regulating payment stablecoins across the
The attack occurred over the weekend, although Kraken identified the issue early on Kraken has halted Monero (XMR) deposits after the privacy-focused blockchain came under a 51% attack, raising new concerns about network security. The decision was announced on Friday, with the exchange stating that one mining pool had gained majority control of Monero’s hashing
The error occurred after a wallet interacted with a contract not intended to receive token approvals Coinbase has confirmed it lost roughly $300,000 in tokens after mistakenly granting approvals to a 0x Project smart contract known as the “swapper.” The incident, first flagged by Venn Network security researcher Deebeez, occurred when the exchange’s corporate wallet
The network will be compatible with the Ethereum Virtual Machine and developed as an “enterprise-grade” solution Circle, the USDC stablecoin issuer and publicly traded US company, plans to roll out its own layer-1 blockchain called Arc before the end of the year. The network will be compatible with the Ethereum Virtual Machine and is positioned
The fast food chain recently announced that it would begin accepting Bitcoin for purchases Steak ‘n Shake has credited its recent sales surge to its decision to embrace Bitcoin payments earlier this year. The US-based fast-food chain reported an 11% increase in same-store sales for the second quarter, outpacing several major competitors in the sector.
The money raise would mark one of the largest capital injections into a crypto treasury initiative World Liberty Financial (WLFI), a decentralized finance venture with backing from the Trump family, is seeking roughly $1.5 billion from investors to establish a publicly traded treasury company that would hold its native WLFI tokens, according to Bloomberg. Talks
The agreement is the latest peace made between the crypto company and the regulator Ripple Labs and the US Securities and Exchange Commission (SEC) have officially ended their long-running legal dispute after both sides agreed to withdraw their respective appeals. In a joint filing submitted to the Second Circuit Court of Appeals, the regulator and
This follows the passage of the GENIUS Act, an effort that highlights regulated digital payments An increasing number of professionals working in the crypto industry are now receiving their salaries in digital assets, particularly stablecoins, according to a new report by Pantera Capital. Over the past year, the number of people opting for crypto-based payroll
The cryptocurrency company will face Kalshi, Polymarket and others Coinbase is preparing to bring prediction markets to the US as part of a broader push to expand its offerings beyond cryptocurrency trading. The exchange, one of the largest in the country, confirmed that it plans to introduce a platform where users can place wagers on
The move is in further response to the government’s plan to expand crypto use The Commodity Futures Trading Commission (CFTC) is exploring a significant shift that could allow spot crypto trading on its regulated exchanges. This effort is part of the agency’s broader “crypto sprint,” a fast-tracked initiative aimed at implementing recommendations from the President’s
The US Administration is shifting toward a more crypto-friendly environment The Commodity Futures Trading Commission (CFTC) is moving forward with plans to address digital asset regulation, launching what it calls a “crypto sprint” aimed at turning federal policy recommendations into concrete action. Acting Chairman Caroline D. Pham confirmed this week that the agency will begin
The malware is attacking all industries, with no clear solution available TrickBot, a malware platform that first appeared as a banking Trojan in 2016, has become one of the most damaging tools in cybercrime, linked to over $724 million in stolen cryptocurrency. Its operators, known collectively as Wizard Spider, have built a criminal infrastructure that
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