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EasyDNS CEO Mark Jeftovic said the social engineering attack was highly sophisticated and the company is conducting further investigation to determine how the breach occurred.
Adjusted stablecoin volume could reach $719 trillion by 2035, but the projection could be far higher if two macro catalysts come to pass, said Chainalysis.
January saw the largest attack against a DeFi protocol of the quarter, the $40 million private key compromise of portfolio management platform Step Finance.
A similar bill was proposed in 2024 but it failed to advance past the second reading in the House of Commons and ultimately died before it could become law.
The CLARITY Act stalled in the Senate after banks, crypto firms, and lawmakers failed to reach an agreement on key provisions like allowing stablecoin yields.
Pharos developer Michael Lewellen said his lawyers are exploring all options for a path forward after a Texas judge dismissed the case without prejudice.
Galaxy Digital’s Will Owens says most crypto wallets aren’t exposed to quantum risks, with vulnerabilities limited to cases where public keys are revealed.
The US Department of Justice has filed for dismissal of its case against BitClout founder Nader Al-Naji, after “reassessment of the evidentiary record."
Stephen Katte
Stephen Katte is an Australian freelance journalist having worked at media companies including Fairfax Media and Nine.