Europe must build its own modernized settlement solutions anchored by central bank money, because stablecoins alone have structural weaknesses, European Central Bank President Christine Lagarde said Friday (May 8)....
Cryptocurrency exchange Drift has outlined a plan to recover $295 million taken in a hack. That attack was carried out by a group associated with the North...
Cryptocurrency investors are reportedly exiting the decentralized finance (DeFi) space following two high-profile hacks. Close to $14 billion has been pulled from DeFi projects in...
The stablecoin market is moving fast in two directions at once. One path leads toward greater financial integration and the other toward greater regulatory scrutiny....
Morgan Stanley Investment Management (MSIM) has launched a new government money market fund designed to meet the needs of payment stablecoin issuers that are looking to...
Software has long been described as law in crypto. Now, the U.S. Treasury is calling the sector out on that core element of its identity....
Another decentralized finance (DeFi) protocol has been the target of a hack. Volo Protocol said Wednesday (April 22) that a breach had drained around $3.5 million...
Explore more conversations like this From the Block. For the crypto sector, big enough operational crises can be viewed as industry-wide reputational crises. And by any...