
Why GENIUS could leave digital dollars vulnerable to sudden blockchain network ‘bank runs’
A Federal Reserve staff paper shows how congestion and weak network effects can push holders toward redemptions or chain migration even with safe backing.

A Federal Reserve staff paper shows how congestion and weak network effects can push holders toward redemptions or chain migration even with safe backing.

ASIC’s grace period is ending, with unlicensed firms facing penalties that can reach 10% of annual turnover.

Agents seized more than $560,000, then took control of infrastructure used to solicit new donations.

August activity reached a new high after the memecoin fee boom that inflated revenue a year earlier had faded.

One transaction emptied 28.6% of supply from the bonded pool, while 1.66 billion attacker-held TAC remains unresolved.

The Coinbase Sept. 1 snapshot shows the Sept. 9 cutover moves a far smaller International Exchange book onto the dominant offshore venue.

Coin Metrics found market plumbing drove much of the volume while reserve income supplied 95.2% of Q2 revenue.

Cronos restored pre-exploit state, Ontology paused before a confirmed loss, and ICON halted after assets reached exchanges, exposing three different emergency powers and recovery risks.

The Aug. 30 postmortem traces the replay flaw to mismatched serial-number checks and a 105-minute response gap.

Banks and crypto firms could face penalties equal to 100% of breach value under the proposed enforcement overhaul.

The new law legalizes regulated investing and cross-border use before exchanges, custodians and venues are fully operational.

GENIUS reserves stop at 93 days while Treasury expands liquidity buybacks across 10- to 30-year debt.