Tag: Compromise

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StablR Stablecoins Exploited, EURR and USDR Depeg After Minting Key Compromise

Estimates of losses range from $2.8 million to $10 million.StablR, a European stablecoin issuer backed by Tether, suffered an exploit on Saturday that drained...

Ripple CEO Says Market Structure Bill Not a ‘Done Deal,’ Despite Stablecoin Compromise

Brad Garlinghouse, CEO of Ripple Labs, warned Tuesday that recent progress on the digital asset market structure bill in the US Senate did not...

Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup

Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.)...

Crypto hacks continue as Wasabi Protocol drained of $4.5 million in admin key compromise

DeFi can't stop bleeding, and Wasabi Protocol is the latest to find out why.The protocol, a perpetuals trading platform built on Ethereum and Base,...

Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week

Representatives of the crypto and banking industries are meeting with legislative staffers on Thursday and Friday to review revised compromise language on stablecoin yield...

Coinbase Not Supporting New Crypto Bill Compromise: Report

Crypto exchange Coinbase is reportedly against the latest compromise over stablecoin yields that the Senate is looking to include in its crypto market structure...

Market structure bill compromise draws wide-ranging reaction from fractured crypto crowd

Coinbase is walking a tightrope in the negotiation over the Clarity Act, telling the staffs of U.S. senators that the company is not happy...

Senators try to unlock stalled crypto Clarity Act with compromise on stablecoin yield

The U.S. banking industry had effectively lobbied to halt the crypto industry's market structure bill, the Digital Asset Market Clarity Act, over a dispute...

Crypto Must Compromise on Senate Bill: Trump Advisor

The US Senate’s crypto market structure bill must be passed quickly while lawmakers can still cut deals to advance it, but it will require...