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Solana Quietly Fixes Bug That Could Have Let Attackers Mint and Steal Certain Tokens

The Solana Foundation has disclosed a previously unknown vulnerability in its privacy-focused token system that could have allowed attackers to forge fake zero-knowledge proofs, enabling unauthorized minting or withdrawals of tokens. The …

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Kyrgyzstan’s Gold-Backed Dollar Pegged Stablecoin USDKG to Debut in Q3

Central Asian country Kyrgyzstan plans to debut the Gold Dollar, or USDKG, the gold-backed stablecoin pegged 1:1 with the U.S. dollar in the third quarter, project’s advisor Gabriel Guerra told CoinDesk at the Token2049 conference in Dubai. The …

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Maldives Could Soon Become a Crypto Hub Thanks to Dubai Family Office’s $9B Commitment

Honeymoons and luxury vacations could soon be outpaced by crypto as the main draw for the island nation of Maldives. A Dubai-based family office plans to invest up to $8.8 billion in a blockchain-focused financial hub in the Maldives, part of an …

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Bitcoin Hovers Above $94K as Market Awaits News on U.S.- China Trade Deal

Bitcoin (BTC) opened the trading week flat above $94,000 as traders waited for news from Beijing on the progress of a trade deal with the U.S. The CoinDesk 20 (CD20), a measure of the performance of major digital assets, was down 1.5%, trading below …

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Bitcoin Traders’ Favorite Lottery Ticket for the First Half of the Year — The $300K BTC Call

In the crypto market, bold predictions aren’t just talk – they’re backed by real dollars, often through option plays that resemble lottery tickets offering outsized upside for relatively small costs. The stand-out as of writing is the Deribit-listed …

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Chart of the Week: ’10x Money Multiplier’ for Bitcoin Could Take Wall Street by Storm

Adopting Michael Saylor’s strategy of buying for the balance sheet has clearly taken off among many publicly traded firms, substantially enriching their stock prices and shareholders. But what does it mean for the future of the bitcoin price? NYDIG …

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Gold-Backed Crypto Minting Volume Hits 3-Year High as Central Bank Buying Drops

The gold market is seeing a shift in activity, with central bank buying slowing and demand from exchange-traded funds and gold-backed cryptocurrencies growing. The latter recently moved to a three-year high, as measured by the net minting volume for …

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A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

Freight Technologies (FRGT), a $4.8 million market cap logistics tech firm focused on cross-border trade between the U.S. and Mexico, has entered an agreement to buy up to $20 million in the Official Trump Token (TRUMP) to build out its crypto …

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Arizona Governor Calls Crypto an ‘Untested Investment,’ Vetoes Bitcoin Reserve Bill

Arizona will not be investing in bitcoin (BTC), at least not this year. Governor Katie Hobbs vetoed a bill on Friday that would have allowed the state to hold the digital asset as part of its official reserves. The legislation, known as Senate Bill …

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‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings

Tether CEO Paolo Ardoino is sounding the alarm on Europe’s financial system, warning that a wave of bank failures could hit the continent in the near future due to the intersection of risky lending and new cryptocurrency rules. Ardoino, during an …

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