Polymarket's turbulent June just reached a new low on Thursday when the prediction market confirmed that a compromised third-party vendor allowed attackers to add malicious JavaScript into its frontend, draining an estimated $2.94 million from at least 11 user wallets in a single morning.
The list of commentary were endless, but one number explained the urgency better than anything else on how euro stablecoins account for less than 1% of the global stablecoin volume, according to DeFiLlama data despite Euro's commanding role in world trade.
China’s central bank is paying closer attention to stablecoins as privately issued digital currencies begin to play a larger role in cross-border payments and global settlement channels.
Former Celsius Network CEO Alex Mashinsky has been permanently barred from trading in markets regulated by the U.S. Commodity Futures Trading Commission (CFTC), closing one of the agency's final enforcement actions tied to the collapse of the crypto lending platform.
Audiera's BEAT token has done something almost nobody predicted, they surged from below $1 earlier in May to a record high near $9.20, a move exceeding 1,400% on the monthly timeframe while Bitcoin and Ether lost ground.