Triple-A confirms treasury-wallet breach after losses reach $11.8M

The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.

The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.
Add ZyCrypto News On Google Binance founder Changpeng Zhao, aka “CZ,” has praised AI technology and its far-reaching effects on society. However, he also stated that, despite the importance of AI, it won’t be able to help consumers with rampant inflation, whereas Bitcoin can. CZ tweeted: Image Source: X The statement from the former Binance…
Oil just broke $90. Brent crude climbed more than 3% on Monday to its highest level since mid-June, as the US-Iran war chokes shipping through the Strait of Hormuz. The US hit Iran for an eighth straight night over the weekend. Washington has blockaded Iranian ports, and Tehran says the strait is closed to unauthorized…
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America’s largest police union, the National Fraternal Order of Police (FOP), and a trio of crypto organizations have openly supported the Digital Asset Market Clarity Act. In a July 24 letter, the FOP’s National President Patrick Yoes attributed the organization’s new stance to the revision of Section 10604 of the Blockchain Regulatory Certainty Act (BRCA)….
The much-anticipated July 4 deadline for signing the CLARITY Act into law was missed yet again. The lawmakers once more failed to meet a deadline for advancing the much-awaited cryptocurrency market structure bill. This is concerning because Congress will soon turn its attention to campaigning, leaving fewer legislative days to pass the bill before the…
Sen. Ruben Gallego is working with Senator Thom Tillis and other Republicans to come up with a counteroffer after bipartisan negotiations collapsed. Senate Democrats are mounting a fresh push to rewrite the CLARITY Act’s ethics provisions after dismissing the White House-backed proposal unveiled by GOP senators, according to Politico. Senator Ruben Gallego blasted the…