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Resolv Labs’ stablecoin depegs as attacker mints millions of tokens

Resolv Labs' stablecoin has experienced a significant depeg after an attacker exploited a vulnerability, minting millions of tokens. The incident raised concerns about the security measures in place for the stablecoin, which was designed to maintain a stable value. Following the attack, the value of the stablecoin dropped sharply, prompting investigations into the breach. Resolv Labs is working to address the issue and restore confidence in its platform. The incident highlights ongoing risks associated with decentralized finance and stablecoin projects.

Read the full article: Coin Telegraph

Strategy Now Holds $54 Billion in Bitcoin—These Are Its Biggest Buys

A strategy has amassed $54 billion in Bitcoin, making it one of the largest holders of the cryptocurrency. The strategy's significant purchases include acquiring substantial amounts during market dips, capitalizing on lower prices. Key investments have been made in Bitcoin during periods of high volatility, reflecting a long-term

The genius and the danger of STRC: How Strategy’s new funding model bends so it doesn't break

Strategy, a cryptocurrency project, has introduced a new funding model called STRC that aims to provide flexibility and resilience in the volatile crypto market. This model allows for adaptive funding mechanisms that can adjust to market conditions, potentially reducing the risk of financial instability. The approach is designed to attract

The 7 Largest Publicly Traded Ethereum Treasury Firms

The article highlights the seven largest publicly traded companies that hold significant Ethereum (ETH) treasuries. These firms include major players such as MicroStrategy, Galaxy Digital, and Coinbase, which have invested heavily in ETH as part of their asset management strategies. The total value of ETH held by these companies is

The SEC explains how it's viewing a crypto security: State of Crypto

The SEC has clarified its stance on how it categorizes cryptocurrencies as securities, emphasizing the importance of the Howey Test, which assesses whether an asset qualifies as an investment contract. The agency highlighted that many tokens may meet the criteria for being classified as securities, depending on their use and

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Strategy Now Holds $54 Billion in Bitcoin—These Are Its Biggest Buys

The genius and the danger of STRC: How Strategy’s new funding model bends so it doesn't break

The 7 Largest Publicly Traded Ethereum Treasury Firms

The SEC explains how it's viewing a crypto security: State of Crypto