Initia hack drove its USDC bridge reserve down to $63 as withdrawals failed
Bitquery linked failed exits to depleted backing for Initia balances as the project outlined a patch and ongoing recovery work. Read the full story on…
How $37 million stolen from Americans moved through a Bahamas bank into Tether’s USDT
Prosecutors allege a bank-to-USDT laundering role in a case involving 174 identified US victims; no new repayment figure was announced. Read the full story on…
Circle’s new USDC auctions let institutions collect the fees others pay to cash out
Eligible institutions can collect rebates funded by matched redeemers, whose auction fees are capped at the Express rate. Read the full story on CryptoSlate Understand…
Circle shareholder sues Trump over UAE crypto deals, citing up to $82 million in potential annual revenue
A Circle shareholder sued President Donald Trump, alleging UAE-linked cryptocurrency payments enriched his family and diverted business from USDC. The complaint, filed Oct. 22 in…