Key Highlights Brazil’s domestic markets suffered severe volatility following the presidential election, with the Ibovespa index plunging 14% and the U.S. dollar recording its biggest daily surge against the real since 1999. Corporate treasuries rushed to protect capital, driving significant volume into digital assets, with institutional clients accounting for 78% of trading on Mercado Bitcoin. ...
Key Highlights Indian crypto exchange CoinDCX absorbed a $15.99 million USDT loss linked to an outdated, deprecated operational wallet infrastructure. The issue arose after users continued sending deposits to legacy addresses retired following a security incident reported on July 19, 2025, triggering an automated sweeping failure. CoinDCX confirmed that all customer crypto balances remain fully ...
Key Highlights CoinDCX confirmed a loss of 15.99 million USDT linked to old, deprecated operational wallet infrastructure with previously undetected vulnerabilities. An automated sweeping mechanism failed to move incoming user funds into current secure storage, allowing user deposits to gather in the obsolete wallet. CoinDCX absorbed the entire loss, affirming that customer accounts, live trading ...
Key Highlights: U.S. Senator Richard Blumenthal has launched an inquiry into Tether’s payments and ties to marketing firm Nxum and former White House official Bo Hines. Lawmakers are examining whether cryptocurrency payments routed through intermediary Notorious, alongside potential legislative provisions, created legal or ethical conflicts. Tether and Nxum CEO Todd Hines have been directed to ...
Key Highlights: Stellar recorded an impressive $200 million in Tether ($USDT) volume over a condensed timeframe. The surge in transaction volume occurred without reported price swings, pointing toward platform engagement rather than speculative trading. Market observers are tracking the activity as an indicator of broader stablecoin adoption and potential ecosystem developments for the network. Stellar ...
Key Highlights: Suspicious on-chain outflows from CoinDCX sparked theft allegations after millions in USDT, including a single transfer of 15,819,002 $USDT, were consolidated into a Tron address. CoinDCX CEO Sumit Gupta dismissed the incident as a “false alarm,” stating that attackers from a prior $44 million July 2025 exploit are reusing abandoned exchange addresses. Independent ...
Key Highlights: Between September 17 and October 17, 2026, tracked Aave Ethereum V3 Umbrella staking balances for $USDC and $USDT saw a combined decline of $12,429,867. Despite the lower safety capital, the extra staking reward percentages increased by 0.16 percentage points for $USDC and 0.17 percentage points for $USDT, keeping indicative annualized rewards virtually unchanged ...
Key Highlights Tether quickly reversed the freezing of four THORChain USDT vaults on the TRON network after three hours, restoring access to $1.45 million in liquidity while keeping 19 other addresses frozen. TRON’s USDT supply expanded by 24.7% over the past year to $94.25 billion, elevating the network’s importance for cross-chain liquidity and everyday settlement. ...
Key Highlights: THORChainās TRON-based USDT vaults holding approximately $1.45 million were temporarily frozen before operations resumed roughly two hours later. Trading, signing, and liquidity actions on TRON halted during the freeze, causing an estimated $363,000 in payouts to become queued. The temporary restriction highlights the ongoing tension between decentralized protocol operations and centralized stablecoin issuer ...
Key Highlights: Hardware wallet provider Ledger warned customers who bought devices from official Southeast Asian reseller CryptoBilis within the last 90 days to halt setup or move funds following suspected security compromises. Security researchers estimate total losses between $86 million and $90 million across Bitcoin, Ethereum, and Tron, prompting stablecoin issuer Tether to freeze linked ...
Key Highlights: Senate investigators led by Senator Richard Blumenthal are probing Cantor Fitzgerald’s financial ties to Tether, citing potential national security risks linked to sanctioned actors. A Senate Subcommittee review discovered that 84% of 846 sanctioned, Iran-linked cryptocurrency wallets transacted almost entirely using Tether’s $USDT stablecoin. Tether CEO Paolo Ardoino defended the firm’s compliance record, ...
Key Highlights: Senator Richard Blumenthal has launched an inquiry scrutinizing Cantor Fitzgeraldās financial ties and custodial partnership with stablecoin issuer Tether. The probe centers on a significant valuation surge in Cantor’s Tether stake and distributions received by Commerce Secretary Howard Lutnick before stepping down from the firm. Blumenthal has requested extensive documentationāincluding compliance reviews, divestiture ...