Moonwell
6h Crypto Recap: Bitcoin, XRP, Stablecoins, Moonwell, Binance — Heat rises
The UK government is preparing to give the #Bank_of_England a formal mandate tied to supporting #Stablecoins and digital money. The move signals a clearer policy direction for regulated crypto-linked payments.
A DeFi lending protocol called #Moonwell was hit by a $9M exploit. The incident added fresh focus on smart-contract risk and on-chain security controls ⚠️.
A court case involving #Bithumb centered on a #Bitcoin transfer error and ended with the exchange winning the dispute. The ruling highlighted how exchanges can contest liability when user transfers go wrong.
6h Crypto Recap: Bitcoin, Dogecoin, AVAX, USDT, Mastercard — Tension Builds
#XBIT opened a whitelist for a prediction product that adds leverage to prediction markets. A promotional campaign was announced with 35,000 #USDC attached to the launch 🧩.
#Russia signaled a tougher stance on crypto mining by discussing a ban in certain areas and prosecution for illegal mining activity. The focus was framed around enforcement against unauthorized operations ⚖️.
#Bybit publicly distanced itself from #HTX amid discussion around a #USDT freeze. Commentary centered on counterparty and operational separation between platforms 🧊.