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FSOC warns stablecoins remain a 'potential risk' to financial stability

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In its 2024 annual report, the FSOC said that stablecoins are “acutely vulnerable to runs absent appropriate risk management standards.”

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Coin Market

BlackRock drives 7-day Bitcoin ETF inflow streak as BTC nears $80,000

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US-listed spot Bitcoin ETFs recorded a seven-day inflow streak totaling $1.9 billion, surpassing their March run over a similar period.

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Andre Cronje’s Flying Tulip adds withdrawal circuit breaker as DeFi exploits mount

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Flying Tulip said its withdrawal safeguard is designed to fail open, while a status page lets users monitor the system in real time.

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Kelp DAO exploiter launders nearly all 75,700 in stolen ETH through THORchain

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The wallet linked to the Kelp DAO exploit appears to have laundered most of the $175 million worth of stolen Ether, while another $71 million remains frozen by Arbitrum’s security council.

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