An attacker drained almost the entire 24.15 million USDC balance held in a bridge operated by AFX Trade. The project temporarily suspended the bridge and launched an investigation into the incident.
By John Isige Cardano successfully activated the Van Rossem hard fork on July 19, upgrading the mainnet to Protocol Version 11 and reaching an important milestone in the blockchain’s development.
By Andrew Bennett MegaETH is shutting down its Mega Mafia startup incubator after admitting that most successful projects eventually left the ecosystem. The Layer-2 team will now shift its focus towards developing applications internally.
By John Isige Global payments giant Visa has launched the Visa Stablecoin Platform (VSP), an infrastructure solution that allows banks, fintech companies and cryptocurrency businesses to issue, custody, transfer and convert stablecoins within a single ecosystem.
By John Isige South Korea plans to overhaul its 76-year-old national asset management system to formally include cryptocurrencies within the scope of state-owned assets.
By Andrew Bennett The European Central Bank (ECB) has announced a list of 36 banks and payment companies selected to participate in the digital euro pilot programme, marking the most significant step in Europe’s CBDC project since its launch.
By Andrew Bennett The Ethereum Foundation is continuing its largest restructuring in years by spinning out its institutional privacy research unit into an independent company called EthSystems.
By John Isige Superteam Vietnam has launched the “Bring Your Web2 Idea Onchain” competition, inviting participants to bring Web2 business ideas to the Solana blockchain to solve real-world commercial problems.
By Andrew Bennett Galaxy Digital has launched the Galaxy Onchain Financing Rate (GOFR), a fully managed on-chain lending product designed for financial institutions, high-net-worth individuals and accredited investors.
