DEEPSEEK
402bridge Breach Results in USDC Loss for Over 200 Users
A security breach in the 402bridge protocol has led to unauthorized transactions, draining over $17,000 in USDC from more than 200 users, according to CoinMarketCap.
Stripe Unveils Platform Letting Firms Create Custom Stablecoins
Stripe's "Open Issuance" allows companies to create dollar-pegged stablecoins, using new technology to simplify the issuance process. It provides token management and compliance tools across various blockchains, targeting Fortune 500 companies and competing with Tether and USDC.
Swift Partners with Chainlink for Blockchain Fund Processing
The financial services industry witnessed a seismic shift today as Swift, the global banking messaging network that processes over $5 trillion in daily transactions, announced a groundbreaking integration with Chainlink to enable traditional funds to execute transactions directly on blockchain networks.
Saudi mBridge & Digital Riyal Pilot 2025: Transforming Global Oil Settlement & Trade
Saudi Arabia's Central Bank is piloting a digital riyal through Project mBridge, enabling faster, cheaper oil settlements and reducing reliance on the US dollar.
Sui Bridge Adopts CCTP to Enhance USDC Transfers Across Chains
Sui Bridge integrates Circle's Cross-Chain Transfer Protocol (CCTP) enabling seamless USDC transfers between Sui and eight other blockchains, enhancing interoperability and efficiency.
NexBridge Raises $30 Million with Tokenized US Treasury Offering
NexBridge, a digital asset issuer in El Salvador, successfully raises $30 million through USTBL, a tokenized US Treasury Bill offering, marking a milestone in the tokenization of real-world assets.
Exploring Cross-Chain Bridges: Enhancing Blockchain Interoperability
Cross-chain bridges facilitate secure data and asset sharing between blockchains, enhancing interoperability, DeFi opportunities, and user flexibility within the blockchain ecosystem.
Sui Bridge Test Program Reveals Key Bug Fixes and Insights
The Sui Bridge incentive program, conducted in June, identified bugs and gathered insights for a smoother bridging experience. Over 184,000 transactions were completed.
Exploring the Architecture of Sui Bridge: A Trust-Minimized Solution
Sui Bridge offers a secure, trust-minimized approach to asset transfer between Sui and other blockchain networks, enhancing interoperability and adoption.
Sui Bridge Testnet Incentive Program Nears Conclusion
The Sui Bridge incentivized testnet phase ends on July 8th, urging participants to complete required actions for rewards.