Posts
avatar

What happened last night? 🌝 🏦 #Ripple received final approval from the #OCC to establish a national trust bank in the United States. This federally regulated entity will manage reserves for the stablecoin #RLUSD (a dollar-backed crypto) and offer digital asset custody services to large enterprises. The issuance of RLUSD remains under the control of a regulated entity in New York. RLUSD represents approximately $2.5 billion. ⚠️ The DotSwap V1 protocol suffered an attack. Approximately 8.5 BTC (around $685,000) were stolen from liquidity pools via an outdated signature function. Losses affect liquidity providers on this version. 🔐 On Keystone, hackers allegedly stole a key used to verify the authenticity of hardware wallets, as part of the reported data breach. 📅 The #Fed meets Wednesday to decide on interest rates. The market widely expects no change. Have a great morning!

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment