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LATAM stablecoin liquidity may depend on few providers, investor says

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Researchers in a Latin American stablecoin ecosystem report warned “fragility in the system is concentrated in its thinnest layer,” with just 16 of 494 companies focused primarily on wholesale liquidity, treasury and credit.

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NEAR Intents suffers $3.8M exploit after assistance with Bitget breach

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The platform said it will compensate users affected by the hack, which stemmed from a bug that affected deposits and withdrawals.

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Coin Market

Bitcoin fights for local uptrend as US bond yields drop from new 24-year highs

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US bond yields fell sharply around Thursday’s Wall Street open as Bitcoin price action sought to preserve a local trend of higher lows.

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New York, Wyoming regulators sign pact to coordinate crypto oversight 

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The agreement will allow the two state regulators to share supervisory information, streamline licensing reviews and coordinate examinations and enforcement actions involving digital asset firms.

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