On Feb. 1, 2024, the independent, nonprofit stablecoin assessment entity Bluechip made a noteworthy declaration. They officially bestowed an F grade upon Synthetix’s fiat tokens SUSD and SEUR, alongside Beanstalk’s dollar-pegged asset BEAN. Bluechip went on to reveal that both of these stablecoins have been included in the organization’s “Red Flag List,” signaling a strong […]
Roughly three weeks ago, Bitcoin.com News covered the stablecoin GHO, when it achieved a notable milestone by reaching $ 0.98 per coin. However, on December 11, the token experienced a slight dip, hitting $ 0.975 per unit. Despite some improvement in its stability, the stablecoin has still not enforced its intended goal of …
Reports indicate, and the peer-to-peer non-fungible token (NFT) market platform has confirmed, that the NFT platform NFT Trader experienced a security breach. An assailant exploited an outdated smart contract, resulting in the theft of nearly $ 3 million worth of esteemed digital collectibles, including those from the Mutant Ape Yacht Club (MAYC) and Bored …