Payy halts all crypto card payments after bridge exploit drains funds
Payy has frozen all stablecoin payments and card transactions after an exploit drained its Ethereum bridge contract. Users are locked out of their balances as the company investigates the breach.
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Ondo launches BlackRock model portfolios with US investor restrictions
Ondo Finance has launched three tokenized portfolios based on BlackRock strategies. But only non-US investors who finish onboarding can redeem tokens directly. US users are limited to trading on secondary markets.
Coinbase's fixed-rate Bitcoin loans can be liquidated if you miss the repayment deadline
Coinbase's new Bitcoin-backed USDC loans come with a catch: even if your collateral is strong, missing the set repayment date can get your assets liquidated. The risk isn't just about Bitcoin's price anymore.
Cosmos Hub freezes network to recover $2.2 million after Neutron hack
Cosmos Hub validators stopped the network for nearly 25 hours to block $2.2 million in stolen ATOM after a governance attack on Neutron. Still, over 169,000 ATOM got away, raising new doubts about cross-chain security and how much can really be recovered.
