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Allbridge, the company behind the cross-chain stablecoin bridge Allbridge Core, announced on Sunday that it had paused the protocol following a security incident that resulted in approximately $1.65 million being drained.
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The Office of the Comptroller of the Currency’s (OCC) comment period on proposed rules under the GENIUS Act, which would extend anti-money laundering and sanctions standards to stablecoin issuers, ends July 24.- Published on
This marks the first large-scale corporate use of a yen stablecoin in Japan, potentially transforming payment efficiencies in the logistics sector.- Published on
Netflix disclosed in a new regulatory filing that it paid $587 million in cash to acquire InterPositive, an AI filmmaking startup co-founded by actor and director Ben Affleck.- Published on
Bitcoin slipped below $64,000 on Monday as the cryptocurrency market faced dual pressures from rising oil prices and a lingering selloff in AI-related stocks.