Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes
In decentralized finance, “audited” is often presented as a verdict on an entire project. In practice, an audit usually covers named code, components and versions at a particular point in time. Anything added, excluded or operated around that boundary…
Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath
Coinbase’s new partnership with payments platform Moov gives community banks and credit unions a route to offer stablecoin services through the financial relationship they already have with businesses. The local institution can remain the customer’s…
Thailand’s stablecoin proposal would block transfers to other people’s wallets
Thailand’s Securities and Exchange Commission has proposed a same-owner requirement for stablecoin transfers that would sharply narrow how customers can move tokens such as USDT through licensed crypto firms. The measure remains at the consultation stage…
Stablecoins make sending money easy until someone needs to spend it
When you send money to someone abroad, the confirmation on your phone is only your half of the transaction: the other half belongs to the person who has to use it. Their rent may be due in local currency. Their nearest cash collection point may be across…
US Bank moves USBDC across borders on Stellar, but only inside its own walls
U.S. Bank has completed a live cross-border payment pilot using USBDC, its proprietary U.S. dollar-backed stablecoin. The transaction demonstrated in a limited test that the lender could move its own token between bank entities on a public blockchain…
MetaMask and Consensys split exposes the gap between Ethereum adoption and ETH demand
Consensys announced plans on Sept. 9 to operate MetaMask separately from its Ethereum infrastructure business, giving the consumer wallet and the protocol builder distinct management and investment priorities. For holders of ether, the split puts a…
Why Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying
A Sept. 2, 2026 analysis by New York Fed researchers shows how a few large reserve portfolios can lower the global dollar share without a broad retreat from dollars. For investors assessing future sovereign demand for Bitcoin, the distinction is between…
DeFi lender proposes bad-debt fix, but user USDC funds remain locked
Lending protocol Moonwell’s proposed rate changes could cut monthly interest accruing on bad debt by about 85%, according to Anthias Labs’ projection. Its Sept. 4 recovery update leaves access to USDC and a return to borrowing as separate…
Three DeFi projects face possible exclusion from future Arbitrum DAO programs
Arbitrum’s Watchdog Committee, a grant oversight body, has given three DeFi projects until a tentative Sept. 10 deadline to answer high-severity misuse findings and return funds it considers unresolved, or face separate votes on permanent exclusion…
Fed stablecoin research exposes how the same dollar could count twice in M1 or M2
A Federal Reserve staff note published Sept. 4 sketches a route for regulated payment stablecoins to enter M1 or the broader M2 money supply. Its accounting framework requires adjustments before gross circulation could enter either measure. Payment…