Wanchain Bridge Exploit Drains NIGHT Reserves, Token Hits Record Low
An attacker drained about 515 million NIGHT from Wanchain’s Cardano bridge, leaving wrapped tokens largely unbacked. The token fell to a record low as the bridge was suspended.
An attacker drained about 515 million NIGHT from Wanchain’s Cardano bridge, leaving wrapped tokens largely unbacked. The token fell to a record low as the bridge was suspended.
Open USD launches with more than 140 partners and a reserve revenue-sharing model. The move intensifies competition in a stablecoin market exceeding 300 billion USD in supply.
SCRYPT says stablecoins now account for about 80% of its processed volume. The firm acts as TON’s institutional gateway for regulated on-chain settlement.
Circle has received final OCC approval for a US bank charter. CEO Jeremy Allaire says stablecoins are evolving from trading tools into regulated digital cash.
Ripple Payments Europe has been added to the EU MiCA register following approval in Luxembourg. The license grants passporting rights across 30 countries.
A Dutch court has declared crypto broker Knaken bankrupt for operating without a MiCA license. Around 7 million euros are reported missing, impacting about 30,000 customers.
Anchorage Digital now offers native TRX staking and custody for TRC-20 assets. The expansion strengthens institutional access to the TRON Network.
The US Treasury sanctioned and froze more than $130 million in cryptocurrency linked to Iran’s central bank. The move is part of a broader sanctions and military campaign.
Users reported that Coinbase began accepting Chinese national IDs for verification on July 14. China’s ban on crypto trading for mainland residents remains in force.
Ripple has shifted 57% of RLUSD supply, or $871 million, to the XRP Ledger. The move follows the formal end of the SEC lawsuit in August 2025.