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National Credit Union Administration proposes federal licensing for stablecoin issuers
The National Credit Union Administration (NCUA) has proposed a new rule under the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act), establishing a federal licensing pathway for stablecoin issuers affiliated with federally […]
Canadian robbed of crypto via ATM kiosk, recovery efforts lead to scam attempt
A Canadian individual was robbed of cryptocurrency through an ATM kiosk, prompting recovery efforts that unfortunately led to another scam attempt. This incident highlights the increasing prevalence of cryptocurrency-related crimes, as criminals exploit vulnerabilities in […]
Open Coverage introduces new ERC standard for DeFi lending
Open Coverage, a new ERC standard, has been introduced to address the ongoing tradeoffs in DeFi lending, where over-collateralized models lead to inefficiencies and under-collateralized models pose risks related to defaults. This innovative standard aims […]