(source: en.wikipedia.org)
Cryptocurrency wallet SecondFi is shuttering after an attack drained $2.4 million from its users. The company announced Wednesday (July 22) that it had addressed the vulnerability that permitted the theft of 16.1 million in ADA last month, and had secured another 129 million ADA before hackers could get to...
The next major digital asset product offered by a bank may not be a wallet, stablecoin or tokenized deposit. It may be an explanation. Cryptocurrency’s categorical vocabulary has expanded faster than the public’s understanding of its products and infrastructure. Bitcoin and other crypto assets, stablecoins,...
Consumers may hear different labels for stablecoins and other cryptocurrency, but many still place both products in the same mental bucket. That finding sits at the center of “The Wallet Effect: How Credit Unions Can Close the Digital Currency Access Gap,” a June 2026 Credit Union Tracker...
Watch more: Why Stablecoins Are A Treasury Story, Not a Crypto Story Ask any corporate treasurer how many usable dollars their company has right now across every account in the country. You’ll often get a pause, not because the money isn’t there, but because nobody...
The European Central Bank is adding its voice to banks in the United States in warning that widespread adoption of stablecoins could pull retail deposits out of traditional banks, weakening a critical source of funding for lending. ECB Executive Board member Piero Cipollone said banks...
The CLARITY Act was supposed to resolve a relatively straightforward, if technically difficult, question: When is a digital asset a security, when is it a commodity, and which federal regulator is responsible for overseeing the companies that trade it? After more than two years of...
With the Senate set to go on recess in three weeks, after Aug. 7, the Clarity Act is still facing several hurdles, Bloomberg reported Friday (July 17). Several Democrats involved in the negotiations said they have reservations about the latest version of the cryptocurrency bill, particularly...
For years, digital assets were something to buy and hold—a bet on the future rather than a way to pay for lunch. That calculus is shifting. Cryptocurrencies and stablecoins are increasingly being judged less by what they might be worth tomorrow and more by what...
Crypto.com secured a $400 million strategic investment from Citadel Securities, according to a Thursday (July 16) press release. The investment marks the first institutional funding round in the digital asset platform’s 10-year history and values the company at $20 billion, the release said. The capital...