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Coinbase Faces $400M Loss After Insider Phishing Attack

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Coinbase Faces $400M Loss After Insider Phishing Attack Coinbase, the world’s third-largest cryptocurrency exchange, is facing substantial financial exposure and heightened scrutiny following a coordinated phishing attack involving insider collusion. Disclosed on May 15, 2025, the breach was executed by cybercriminals who bribed overseas customer support contractors to gain unauthorized access to internal systems. This led to the theft of personal user data, including names, email addresses, phone... cryptonews today

Wintermute Expands to NYC Amid U.S. Crypto Regulatory Shift

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Wintermute Expands to NYC Amid U.S. Crypto Regulatory Shift London-based algorithmic trading firm Wintermute has inaugurated its U.S. headquarters in New York City, marking a strategic expansion into the American market. The move aligns with the company's assessment of a more favorable regulatory environment for digital assets in the United States. Announced on May 15, Wintermute's CEO, Evgeny Gaevoy, emphasized the firm’s commitment to contributing to the development of a comprehensive regulatory fra... Coinatory news

Stablecoins Poised to Transform Collateral Management

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Stablecoins Poised to Transform Collateral Management Stablecoins Emerge as Pivotal Tools in Modernizing Collateral Management Amid Regulatory Debates Stablecoins are increasingly recognized within traditional finance (TradFi) as instrumental in enhancing the efficiency of collateral management systems. The Depository Trust & Clearing Corporation (DTCC) recently concluded a pilot, dubbed the "Great Collateral Experiment," demonstrating the efficacy of digital assets, particularly stablecoins... cryptonews today

Upcoming economic events 16 May 2025

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Upcoming economic events 16 May 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious02:002 pointsNBS Press Conference--------------------03:002 pointsInflation Expectations (QoQ)----------2.1%04:002 pointsBoJ Board Member Nakamura Speaks--------------------04:302 pointsIndustrial Production (MoM) (Mar)-1.1%-1.1%09:002 pointsTrade Balance (Mar)17.5B24.0B12:302 pointsBuilding Permits (Apr)1.450M1.467M12:302 pointsExport Price Index (MoM) (Apr)----------0.0%12:302 pointsHousing ... crypto news

Tether's Blacklist Delay Facilitates $78M in Illicit USDT Transfers

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Tether's Blacklist Delay Facilitates $78M in Illicit USDT Transfers A recent compliance investigation has revealed a critical vulnerability in Tether's USDT blacklisting mechanism, allowing more than $78 million in illicit funds to be transferred before enforcement measures were executed. The blacklisting process, which functions on both Ethereum and Tron blockchains, is hindered by a multi-signature procedure that introduces significant delays. This lag between the initiation and finalization of a blacklisti... crypto news today

Tron Overtakes Ethereum in USDT Supply with $1B Mint

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Tron Overtakes Ethereum in USDT Supply with $1B Mint On May 15, 2025, Tether minted an additional $1 billion of its USD-pegged stablecoin, USDT, on the Tron blockchain. This issuance raised Tron's authorized USDT supply to approximately $74.7 billion, surpassing Ethereum's $74.5 billion. Tron also leads in terms of circulating supply, with $73.6 billion USDT in active circulation compared to Ethereum's $71.8 billion. This milestone marks the first time since November 2024 that Tron has overtake... cryptocurrency news

21Shares Partners with Sui to Boost SUI Adoption and DeFi Growth

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21Shares Partners with Sui to Boost SUI Adoption and DeFi Growth 21Shares, a prominent issuer of cryptocurrency exchange-traded products (ETPs), has announced a strategic partnership with Sui, a high-performance Layer-1 blockchain network. This collaboration aims to enhance the global adoption of Sui's native token, SUI, with a particular focus on the U.S. market. The alliance comes at a time when Sui's decentralized finance (DeFi) ecosystem is experiencing significant growth. Sui’s total value locked (TVL... Coinatory

VanEck Launches NODE ETF for Blockchain Investment Exposure

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VanEck Launches NODE ETF for Blockchain Investment Exposure VanEck has introduced the Onchain Economy ETF (NODE), an actively managed fund listed on the Cboe exchange, aimed at providing diversified exposure to companies driving the growth of blockchain and the digital economy. Commencing trading on May 14, 2025, NODE is structured to invest across a broad array of firms in the blockchain ecosystem. This includes cryptocurrency miners, digital asset exchanges, infrastructure providers, and financial t... cryptonews today