🗞 Catch up on the news over the last 24 hours! 🇺🇸 CFTC Chair Michael Selig says, “Current financial systems are outda…
🗞 Catch up on the news over the last 24 hours!
🇺🇸 CFTC Chair Michael Selig says, “Current financial systems are outdated, and blockchain networks are exactly what we need to bring it into the 21st century.”
🚨 Ledger CTO suspects $280M Drift Protocol hack linked to North Korea threat actors.
🚨 Arthur Hayes questions whether native multisig on Solana could have prevented the Drift hack.
🚨 U.S. 30-year mortgage rates rose for a fifth straight week to 6.46%, the highest since September 2025.
⚡️ Circle just announced cirBTC, a 1:1 Bitcoin-backed token with onchain-verifiable reserves built to move seamlessly across DeFi.
🇨🇦 Canada's new stablecoin framework will require issuers to maintain 1:1 reserves, register with the Bank of Canada, and offer at-par redemption.
🔥 Elon Musk's SpaceX is targeting a valuation of more than $2 trillion for its upcoming IPO, which would make it bigger than all but five companies in the S&P 500, per Bloomberg.
🚨 Tether is making a final push to close a fundraising round at a $500 billion valuation, per The Information.
🚨 The IMF released a note on tokenized finance, highlighting its potential to transform banking, capital markets, and payments.
