The WEMIX team said compromised ownership of a contract tied to its WEMIX$ stablecoin enabled approximately 5.23 million tokens to be minted without authorization, prompting it to suspend bridges, liquidity pools, and several services on […]
KULR Technology Group, a US-listed battery technology company, and The Smarter Web Company, a UK-listed web services group with a Bitcoin treasury strategy, have sold approximately 511 BTC and used the proceeds to retire approximately […]
Stablecoin supply has roughly doubled since January 2024, while entity-adjusted transaction volume has grown fourfold to fivefold, according to Coinbase Institutional, opening a wide gap between the amount of dollar liquidity held onchain and the […]
Key Takeaways ARA seized $888,030 in USDT and cash linked to two Kenyans over an alleged $2.32 million laundering scheme. Binance and five Kenyan banks were used, highlighting risks as 57 transfers bypassed FRC limits. […]
Jack Mallers is stepping down as chief executive of Twenty One Capital to focus on Strike, while Twenty One and the Bitcoin payments company abandon a contemplated combination. Raphael Zagury, a Twenty One board member […]
Tether-controlled Twenty One Capital (XXI) named Raphael Zagury as CEO, replacing Jack Mallers, and dropped Strike from a proposed three-way merger, the companies said. Mallers stepped down effective July 20 to focus on Strike, the […]
The UK’s designation of Iran’s Islamic Revolutionary Guard Corps took effect on July 17, creating a new criminal exposure for UK-linked people and businesses that receive or retain value supplied by or on behalf of […]
This year, Tether rolled out USAT — launched with U.S. standards in mind and issued through U.S. banking partner Anchorage Digital. So far, it remains at a relatively low level of usage. “Non-compliant stablecoins cannot […]
Key Takeaways Paolo Ardoino says USDT adds over 30 million wallets a quarter, with its user base above 550 million. USDT’s market cap climbed to about $190 billion in 2026, briefly flipping ether as the […]
Key Takeaways Tether backed Ualá with $20M in a $197M round, accelerating the neobank’s expansion across Latin America. Ualá will use the capital to target Mexico and Colombia, though banking rules block stablecoin integration. The […]
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