Payments
Payments

Tether Hires Big Four Firm for First Full Audit of $184 Billion USDT Reserves

    The post Tether Hires Big Four Firm for First Full Audit of $184 Billion USDT Reserves appeared first…
Payments

Latest Clarity Act Draft Bans Rewards on Passive Stablecoin Balances

Activity-based rewards are allowed, but anything ‘economically equivalent to interest’ is barred. Read Full Story at Thedefiant.io →
Markets

Bitcoin holders shift from panic to cash-buffer discipline as volatility deepens

Bitcoin volatility rose as stablecoin flows surged to $440 billion over the weekend, highlighting investors’ pivot to cash as BTC…
Payments

Tether says ‘Big Four‘ firm to handle first full audit of USDT reserves

The stablecoin issuer did not name the accounting firm from the ‘Big Four‘ roster of Deloitte, PricewaterhouseCoopers, Ernst & Young,…
Payments

Circle stock plunges 18% as a new draft of the Clarity Act threatens stablecoin rewards

The latest version of the Clarity Act is pressuring stocks as it would restrict stablecoin rewards. Read Full Story at…
Infrastructure

Eyecare biotech jumps 19% after stablecoin-focused rebrand

NovaBay Pharmaceuticals was founded in 2000 as a biopharmaceutical company developing eye care products and is now betting big on…
DeFi

Stablecoin yield in crypto Clarity Act won't allow rewards on balances, latest text says

The crypto industry got a first look at legislative language that won’t allow rewards on stablecoin balances, and the approach…
Payments

Resolv Labs Stablecoin Depegs, Plunges 74% After $25M Exploit

A compromised key enabled an attacker to illegally mint 80 million USR tokens, causing the stablecoin to lose its dollar…
Infrastructure

Attacker exploits Resolv USR stablecoin to mint 80 million tokens, cashes out $25M: Resolv Labs

An attacker has successfully exploited the Resolv USR stablecoin protocol, minting 80 million tokens and withdrawing at least $25 million…
Payments

Resolv Labs’ stablecoin depegs as attacker mints millions of tokens

An attacker has exploited the Resolv USR stablecoin to mint 80 million tokens and has reportedly been able to cash…