Technology
Circle gives legacy USDC apps 95 days before old cross-chain transfer routes stop working
Burn limits start falling Oct. 31 before contracts pause Dec. 1, while Noble and Sui remain the only V1-only routes.
stablecoins
Latest stories
Stablecoins
The next currency crisis may be harder to contain because of stablecoins, New York Fed report shows
New York Fed research shows dollar tokens gain traction during financial stress, weakening the banking chokepoints governments traditionally rely on.
Hacks
A zero-balance glitch opened the door for empty wallets to steal admin control of 82 crypto assets
Trail of Bits says the flaw put token supply and about $500,000 of HASH escrow at risk, but no exploitation was confirmed.
Stablecoins
US bank lobby wants stablecoin holders to open an account before cashing out
The ABA wants direct stablecoin redemptions to trigger account opening and identity checks before issuers return dollars.
Analysis
Why holding tokens on non-custodial apps still leaves you vulnerable to sudden platform cutoffs
Sui assets stay onchain after Sept. 24, but access shifts to swaps, Slush imports and Ledger connections.
Exchanges
Traders start losing control of open positions as BitMEX begins its staged shutdown
The BitMEX closure limits new positions at 04:00 UTC, with forced closures possible before Sept. 23.
Mining
Tether’s $120 million Uruguay mining failure now shadows its next Bitcoin bet in Brazil
Adecoagro visited the Uruguay operation months before launching a smaller renewable-powered pilot with the stablecoin issuer.
Regulation
Users warned to pull funds immediately as EU sanctions force crypto platform into withdrawal-only mode
NoOnes Bitcoin mainnet and TRC-20 USDT withdrawals remain open after Aug. 23, but the platform’s current operator is still unidentified.
Analysis
XRP crashes 37% in one Bitstamp wick while the wider market tells a different story
Kraken and OKX showed far smaller ranges, and $3.66 billion in XRP open interest remained after the liquidation wave.
Regulation
Local’s access to global crypto platforms could end under Nigeria’s proposed capital floor
Exchanges and custodians would need ₦2 billion in capital, while foreign-currency stablecoins face 120% backing.
Stablecoins
Trump-backed $4 billion USD1 stablecoin has wallet powers its own GitHub does not show
Justin Sun says USD1 can move funds from frozen wallets without holder consent as World Liberty seeks final bank approval.
DeFi
BTCS used Ethereum to repay Aave debt and ended Q2 with just $317,000 in cash
BTCS used Ethereum to cut Aave debt as DeFi borrowings stayed elevated and cash plus stablecoins ended June at $317,000.
