1,700 UK Investors Sue Binance And Changpeng Zhao Over Derivatives Worth $200M
About 1,700 British investors are reportedly suing binance and its founder Changpeng Zhao, they filed a High Court claim in London on June 30 seeking at least £150 million an equivalent to $200 million from the crypto exchange.
Polymarket's Rough Week Gets Worse As $2.9M Frontend Hack Follows Influencer Scandal
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.
Crypto Industry Calls For MiCA 2.0 Revision To Tackle The Euro Stablecoin Problem
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 Closely Monitors Stablecoins And Its Role In Cross Border Payments Amid Expansion
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.