Wednesday, December 18, 2024
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Stablecoin Issuer Stably Creates Dollar-Backed Token for Bitcoin Ordinals

The company’s first bitcoin-linked stablecoin will have to fare better than its other stablecoin products if it wants to succeed in the long term. Stably’s stablecoin in the ethereum ecosystem, called StableUSD (USDS) has only 752 holders and a market cap of $264,000, per etherscan – basically irrelevant when compared

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Platypus Finance creates compensation portal for users following $9.1M exploit

Decentralized finance (DeFi) protocol Platypus Finance has created a portal that enables users to view how much the platform owes them following the recent $9.1 million exploit that the platform suffered.On Feb. 16, the DeFi protocol suffered a flash loan attack, pushing the Platypus USD stablecoin to break its peg

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Security team creates dashboard to detect potential NFT hacks in OpenSea

A wallet security team released a real-time dashboard that lets community members detect, track and monitor potential nonfungible token (NFT) hacks using offline signatures in the OpenSea marketplace. According to the team behind crypto wallet ZenGo, they created an NFT hack detector using a simple method. This includes tracking realized NFT

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SEC enforcement action creates a silver lining for GMX, Lido (LDO) and Maker (MKR) price

The United States Securities and Exchange Commission (SEC) has started ramping up its crackdown on the crypto industry and recent enforcement actions had a negative impact on crypto prices last week and at the start of this week. The SEC is focusing on stablecoin issuers. The most recent SEC stablecoin crackdown

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Argentine Government Creates a National Blockchain Committee

“Blockchain technologies have emerged as one of the greatest innovations in the field of information technologies, providing the effective possibility of optimizing public sector processes and the traceability, transparency and efficiency of the services provided to citizens by recording transactions with higher levels of security,” the government said in the

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