Stablecoin Plummets as Attacker Mints Millions
@ResolvLabs’ stablecoin USR lost its $1 peg after an attacker minted 50 million unbacked tokens, causing the price to crash to 2.5 cents before recovering to 87 cents. #Breaking #Crypto $USR (-8) ↘
Prediction Market Myriad Secures Milestone Seed Round
Prediction market @MyriadMarkets, owned by Dastan, closes seed round with investors like MoonPay and Tom Lee, aiming for product development and expansion. #Update #Crypto
Bitcoin Adoption Surges 72 Percent Commitment
Financial institutions prioritize security certifications for tokenization partners, with 97% requiring ISO and SOC II standards, highlighting trust’s role in institutional crypto finance. #Update #Crypto
Bitcoin ATMs Regulation Targets Wallet Providers
An amendment to Kentucky’s House Bill 380 may outlaw self-custody, sparking debate with the crypto industry over hardware wallet regulation. #Update #Legal
Stablecoin Plummets as Attacker Mints Millions
An attacker exploited @Resolv Labs’ stablecoin, minting 80 million tokens and cashing out at least $25 million, causing the stablecoin to depeg. #Breaking #Crypto $USDT
MLB Launches Exclusive Polymarket Deal
MLB partners with @Polymarket as its exclusive prediction market partner and signs an MOU with the CFTC to enhance market integrity. #Update #Legal
Dogecoin Surges 50% Amid Breakout Rally
Dogecoin ($DOGE) is trading at $0.0952, with analyst Javon Marks predicting a breakout target of $0.6533 and potential rise to $1.25111, marking an all-time high. #Update #Crypto $DOGE
Bitcoin Custody Shift After Mnemonic Leak
South Korea’s National Tax Service to transfer seized crypto assets to private custodians after a security lapse. Selection of custody firm expected by mid-year. #Update #Crypto
Elon Musk Launches Terafab for Space AI
Elon Musk unveils Terafab, a hyper-scale chip factory by @Tesla, @SpaceX, and xAI to produce one terawatt of AI compute annually for space infrastructure. #Update #Tech
CFTC Clarifies Crypto Collateral Guidelines
The Commodity Futures Trading Commission staff clarified expectations regarding the use of crypto as collateral in a recent FAQ update. #Update #Crypto
Crypto Mogul Backs Trump’s Iran Strikes
Former FTX CEO Sam Bankman-Fried praises Donald Trump’s Iran strikes, potentially seeking a pardon while FTX Recovery Trust plans to distribute $2.2B to creditors. #Update #Crypto $FTT
Ethereum Fund Surges to $250M Milestone
BlackRock’s ETHB fund hits $254M AUM, staking 70-95% of ETH; 82% rewards passed to investors. Competes with Grayscale and REX-Osprey. #Update #Crypto $ETH
Bitcoin Holds Steady as Gold Plummets
Bitcoin remains stable while gold suffers its worst week since 1983 amid the Iran conflict. #Update #Market $BTC
Bitcoin Target Surges to $266K Amid Demand
JPMorgan’s $266K Bitcoin projection signals institutional demand, highlighting bank-grade research’s influence on allocation behavior. #Update #Crypto $BTC