・While Bitmine’s completed 97% of its goal to acquire 5% of Ether’s supply, Tom Lee’s team faces a $5.1 billion unrealized loss on its main treasury asset.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・Validators rolled back nearly two hours of blockchain history to recover user assets.
・But the attackers still managed to get away with $9.19 million before Cronos halted the network.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・The Foundation wants the network protected before a quantum computer capable of breaking today's cryptography could plausibly arrive, and says upcoming upgrades will be judged against that clock.
・Data tracked by lending platform Curve data tracked 704 soft-liquidation instances lasting a median 14.5 days, showing how some DeFi loans can survive for weeks after entering the 'danger zone.'
・Bitcoin believers see it as an almost certain long-term investment, but retirement demands a different approach.
・How much crypto exposure is too much for your retirement account?
・South Korea’s budget office warned that stablecoin adoption could reduce banks' roles as credit intermediaries and potentially destabilize token pegs during mass redemptions.
・Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while pausing on new Bitcoin buys.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
・The firms say their combination of physical authentication, digital traceability and enterprise process design has no precedent in supply chains, and cocoa is just the start.
・Visa's stablecoin settlement volume surpassed a $20 billion annualized run rate, up 15x year over year.
・Now it wants blockchain lenders to use that data to extend credit to the issuers driving the growth.