Term Finance loses estimated $8.5M in vault governance exploit
Term permanently closed its Meta Vaults after an attack reportedly removed nearly all of their…
Blockchain
Centrifuge adds Symbiotic liquidity network across $1.6B in Janus Henderson, NYLIM funds
Symbiotic’s Liquid Lane gives eligible holders immediate USDC liquidity across three Centrifuge funds managed by…
US accounting board FASB proposes conditions for stablecoins as cash equivalents
The FASB said secondary-market liquidity alone would not be enough, with holders needing direct issuer…
South Korea’s Jeonbuk Bank taps Ripple for cross-border payments
Ripple is bringing its cross-border payments platform to Jeonbuk Bank, but key details including its…
Harmony plans rollback, wiping 109,000 transactions after ONE exploit
Harmony said selectively restoring transactions could create inconsistent chain state, as Ravencoin faces a separate…
Chainalysis sues US over $95M ICE contract with TRM Labs
The sealed complaint leaves Chainalysis’ specific objections and requested remedy undisclosed as briefing continues.
Figure reports $4.3B in loan marketplace volume as profit nearly triples
Figure expects consumer loan marketplace volume to range from $4.8 billion to $5.2 billion in…
ASX shareholder plans to sue former directors over failed blockchain project
ASX’s failed blockchain-based CHESS overhaul faces renewed governance scrutiny after the exchange admitted misleading the…
Ravencoin hits record low as network exploit puts transactions at risk
Mining pools controlling most of Ravencoin’s hash rate are building a competing chain that could…
Proof of Play to shut down after blockchain gaming thesis falls short
The a16z-backed studio will open-source Pirate Nation assets, while an independent foundation continues supporting the…
Forgd brings its crypto market-maker leaderboard to DefiLlama
Forgd’s ratings draw on data from more than 500 token projects and 35 market-making firms,…
Tether Gold reserves rise 9.5% as gold posts worst quarter in 13 years
XAUt added to its bullion backing during gold’s worst quarter since 2013, as tokenized commodity…
Mastercard completes $1.8B BVNK acquisition in stablecoin push
Mastercard said the tie-up would help banks, fintechs and enterprises expand stablecoin payments, payouts, settlement…
South Korean stablecoin outflows top $367M in June: Report
Stablecoins have been flowing out of South Korean exchanges for 18 consecutive months as regulators…
Luno cuts 20% of staff as crypto layoffs spread across 12 firms in July
Luno and Gnosis joined a widening round of crypto restructurings in July, when at least…