Muyao Shen Bloomberg
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Stablecoin Sector May Reach $2 Trillion: Standard Chartered
Standard Chartered Bank estimates the size of the stablecoin market could surge by about 10-fold to $2 trillion (roughly Rs. 1,71,29,830 crore) within the next three years. it has predicted that US legislation on stablecoins would further legitimise the stablecoin industry.
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Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion (roughly Rs. 13,008 crore) worth of tokens. The Dubai-headquartered platform, which is not available in the US, had roughly $16.2 billion (roughly Rs. 1,40,489 crore) in assets on its exchange prior to being hacked.
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BlackRock Files With SEC to Offer Fund With Tokenization Firm Securitize
BlackRock plans to offer a tokenized fund through a partnership with Securitize, a digital-asset firm specializing in tokenization. The firm is set to become the latest Wall Street behemoth to experiment with putting money on blockchains. Securitize already is working with KKR, Hamilton Lane and others for tokenized funds.
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Curve Finance DeFi Exchange Hacked, Losses Estimated to Be Over $40 Million
The native token of one of crypto’s top decentralized exchanges tumbled after the platform said it had been “exploited” as a result of a vulnerability in a programming language.
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Stablecoin Sector May Reach $2 Trillion: Standard Chartered
Standard Chartered Bank estimates the size of the stablecoin market could surge by about 10-fold to $2 trillion (roughly Rs. 1,71,29,830 crore) within the next three years. it has predicted that US legislation on stablecoins would further legitimise the stablecoin industry.
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Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen
Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion (roughly Rs. 13,008 crore) worth of tokens. The Dubai-headquartered platform, which is not available in the US, had roughly $16.2 billion (roughly Rs. 1,40,489 crore) in assets on its exchange prior to being hacked.
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BlackRock Files With SEC to Offer Fund With Tokenization Firm Securitize
BlackRock plans to offer a tokenized fund through a partnership with Securitize, a digital-asset firm specializing in tokenization. The firm is set to become the latest Wall Street behemoth to experiment with putting money on blockchains. Securitize already is working with KKR, Hamilton Lane and others for tokenized funds.
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Curve Finance DeFi Exchange Hacked, Losses Estimated to Be Over $40 Million
The native token of one of crypto’s top decentralized exchanges tumbled after the platform said it had been “exploited” as a result of a vulnerability in a programming language.
