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Bybit exploit exposes security flaws in centralized crypto exchanges

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The $1.4 billion hack was caused by similar attack vectors as the $230 million WazirX hack and the $58 million Radiant Capital hack, according to Cyvers.

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Coin Market

Stablecoin proposal still ‘falls short’ of protecting bank deposits: US banks

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US Senator Thom Tillis said the current text of the CLARITY Act offers a compromise for the crypto industry and banks and provides a bipartisan path for the bill’s passage.

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Coin Market

Polygon rolls out private stablecoin payments targeting institutions

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The new wallet feature hides senders, receivers and amounts onchain while maintaining compliance through know your transaction screening and auditable files.

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Coin Market

Haun Ventures raises $1B, adding AI to crypto focus

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Haun Ventures founder Katie Haun said AI will “increasingly begin to conduct economic activity on our behalf,” and services will need to adapt for that world.

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