NEW ECONOMY

The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves. Source link

Blockaid said an attacker drained about $450,000 in USDT from Garden Finance’s HTLC contracts across Ethereum, Base, Arbitrum and BNB Smart Chain. Source link

Key TakeawaysGalaxy Research reduced its CLARITY Act passage estimate from 50% to 30% as Senate negotiations face new obstacles.The 616-page bill combines crypto market structure rules with ethics, enforcement, custody, and stablecoin provisions.Supporters face a difficult vote calculation as...

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways Challenger brands test messaging publicly. They co-create with communities. They adjust based on audience response. They learn while moving. Enterprise brands, meanwhile, are often trapped inside planning structures built around certainty.The...

For the second time this year, the US Commodity Futures Trading Commission (CFTC) issued a warning to prediction markets operators to follow the rules when creating contract certifications that operators consider cover a broad swath of events contracts.The CFTC,...

Sberbank, Russia’s biggest bank, plans to build cryptocurrency trading infrastructure including a digital depository no later than Dec. 1 as the country brings crypto trading, custody and settlement into its regulated financial system.That digital depository, Interfax reported, will record...

Dormant Bitcoin activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking. Source link

Shiba Inu rose 36% to about $0.0000057 on Sunday, adding roughly a billion dollars to its market value in a day, with no announcement or development to account for it.The token now carries a market cap near $3.4 billion...

BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan. 31, 2027.“After a careful evaluation of the Company’s operating conditions, market environment, and future strategic direction, BitMart has made...

Cryptocurrency exchange Binance runs simulated phishing attacks against its own employees and can fire staff who repeatedly fail the tests, according to Binance chief security officer Jimmy Su.The fake attacks are conducted by Binance’s red team, an internal ethical...