・Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin remittance costs and settlement times.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・A mystery-shopping experiment found that exchange fees, foreign exchange spreads and banking rails mean stablecoin remittances are often no cheaper than traditional transfer means.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security failure.
・Galaxy Research identified 1,196 addresses that lost 1,082.65 Bitcoin in a 41-minute window, expanding the estimated scope of the Coldcard wallet incident.
・Michigan incumbent Shri Thanedar’s re-election bid against other Democratic candidates is getting more about crypto with an infusion of ads funded by an industry-aligned PAC.
・Galaxy Research said weak seed generation let an attacker recreate likely private keys offline, sweep more than 1,000 BTC from nearly 1,200 wallets and continue searching without ever accessing the devices.
・Russia has added Moscow, the Moscow Region and parts of Kursk Region to its cryptocurrency mining ban list, citing power supply concerns behind the restrictions.
・The xrpld 3.3.0 release is expected next week with five proposed amendments, including two revised features that were previously withdrawn after researchers found bugs that could have allowed unauthorized transactions or fee draining.