Tether-backed Orionx to shut down after audit flags $7M custody gap
Tether-backed Orionx is permanently closing after an audit found more than $7 million in customer assets had moved to wallets outside its custody.
Tether-backed Orionx is permanently closing after an audit found more than $7 million in customer assets had moved to wallets outside its custody.
The Bitcoin sidechain has been paused, with exchanges suspending LBTC deposits and withdrawals as Blockstream works to contact those responsible.
Router Protocol's shutdown highlights the unsustainable economics of cross-chain bridging, emphasizing the need for viable financial models.
Harmony proposed sunsetting its layer-1 blockchain and migrating ONE to Ethereum, weeks after an exploit led to plans to discard 109,000 transactions.
Bank of Korea researchers found direct fiat-stablecoin trading can transmit crypto demand into FX markets and pressure local currencies.
Buterin's stance highlights confidence in cryptographic security, suggesting AI's role in blockchain will enhance defenses, not just threats.
Crypto firm Ripple has signed a multi-year partnership with Florida Athletics, marking its second major sports sponsorship deal. The deal centers on XRP, which will appear on the team’s field, famously known as ‘The Swamp.’ Ad Ad Ripple Signs Sponsorship Deal With Florida Athleti…
South Korea's regulatory shift and Hanwha's platform could accelerate global adoption of tokenized securities, reshaping financial markets.
Liquid Network has paused its Bitcoin sidechain after nearly 4,000 BTC worth about $320 million left the federation wallet through a SideSwap peg-out, reducing the reserve from roughly 4,200 BTC to about 200 BTC. The security incident unfolded on September 6 and removed roughly 9…