Stablecoins promise safety by staying tied to real-world money, but last weekend’s hack shows how easily that promise can break. A European issuer called StablR learned this the hard way when a thief walked away with $2. 8 million after creating $13. 5 million of unbacked tokens. The attack started
The Bank of England wants the money pipeline to run all week, every week. Right now, big UK payments and collateral swaps take weekends off, just like high-street banks. That gap traps capital, drives up safety buffers, and pushes overnight risk into piles of unmatched trades. The old rhythm worked
Nexon’s blockchain arm, NEXPACE, celebrated the first year of its global MMORPG MapleStory N by announcing a bold pivot. Instead of keeping the game as a standalone title, the company wants to turn its universe into an open platform where anyone can build new content with the help of AI tools. The
A crypto trading system called THORChain, known for letting people swap coins across different blockchains without wrapping tokens, hit the brakes over the weekend after hackers made off with about $11 million. A vault that holds coins for trading was cracked open, and money flowed out to unknown wa
A new team made up of a stablecoin company, a blockchain network, and an analytics firm has pulled more than $450 million in illegal crypto from the market since it started less than two years ago. The group, called the T3 Financial Crime Unit, works with police and regulators around the world to st
Myriad has chosen Chainlink as its main data source for new prediction markets. The move focuses first on Bitcoin, Ethereum, Binance Coin and Solana, with real‑world asset markets to come later. Chainlink delivers fast data streams that let users receive payouts almost instantly. The partnership us
Back in 2008, the financial system got a huge wake-up call about how slow and messy collateral moves can be. Banks had piles of assets locked in different places, and moving them around took days—sometimes too long to prevent a crisis. Now, the company that handles most of America’s securities is be
Big money is pouring into blockchains that keep things private. Three new networks—Arc, Canton, and Tempo—have pulled in over a billion dollars together. That shows companies really want ways to move money without everyone watching. Circle just raised $222 million for Arc, a stablecoin-focused netw
A blockchain platform that powers major banks and traders has attracted a hefty investment round. The company, known as Digital Asset Holdings LLC, announced it will raise about $300 million from a group of investors led by Andreessen Horowitz’s crypto arm, a16z crypto. The deal values the firm at r
BlackRock is taking another step into crypto by planning two new funds that trade on blockchain instead of traditional exchanges. The move shows how Wall Street is slowly merging with digital money systems, even as regulators try to keep up. The first fund copies a well-known $6. 1 billion US Treas
