Mastercard plans to screen stablecoin payments for fraud, scams and sanctions risks, combining payment data with blockchain analytics. The service will launch first in North America, with global availability targeted for 2027, but its pricing, supported networks and scoring details remain unknown.
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Circle’s USDC Under Siege: $285M Drift Hack Ignites Stablecoin Freeze Controversy A jaw-dropping $285 million hack on the Drift protocol has dragged Circle, the issuer of USDC, into a firestorm of criticism, exposing raw tensions over centralized control in the crypto realm. With $71 million in USDC stolen in a blink and hackers exploiting Circle’s […]
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Resolv Labs Reels from $25M Exploit as USR Stablecoin Crashes On March 22, Resolv Labs, the creators of the overcollateralized stablecoin USR, took a brutal hit with a $25 million exploit that sent their token spiraling into chaos. This latest DeFi debacle exposed a gaping flaw in their system, crushed USR’s peg, and reignited debates […]
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