Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization. Source link
India’s Web3 alliance tightens cybersecurity after Wazirx attack
The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance. Source link
BlackRock battles Bitwise as new Ethereum ETFs struggle to gain traction
While Bitcoin ETFs saw positive momentum at launch, Ethereum ETFs struggle with significant outflows, indicating differing investor sentiment and regulatory impacts. Source link
How Liquid Restaking Tokens are revolutionizing DeFi
The total value locked in liquid restaking tokens rose over 8,300% since the beginning of 2024. Source link
Over 70% of hacked funds are lost to CeFi entities — Cyvers
Real-time threat detection and AI integrations could further bolster Web3 security, according to the CEO of Cyvers. Source link
Tether dominates with $113B post-SVB collapse — IntoTheBlock
Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard. Source link
Starknet-based ZKX protocol shutters, blaming lack of users
The protocol’s founder cited minimal user engagement, tumbling revenues, and “broader exhaustion” in the DeFi sector. Source link
Women in crypto earn 15% more than men: Pantera Capital survey
Women comprise a larger proportion of mid-level and senior positions compared to entry levels, which are dominated by men, Pantera’s researchers said. Source link
Bank of England to experiment with wholesale CBDC, synchronization
The BOE is considering applying DLT to its existing settlement system and introducing a wCBDC. Source link
California DMV building blockchain on Avalanche for title transfers
The DMV has successfully digitized 42 million car titles on the Avalanche blockchain. Source link