Market Update
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Stablecoin Bank Infini Suffers $49.5 Million Hack Days After Bybit Attack
Stablecoin bank Infini has fallen victim to a major security breach, losing $49.5 million worth of crypto, linked to insider access that occurred a few days after Bybit suffered a $1.46 billion hack, followed by a mass withdrawal of $6.7 billion. Insider Exploit of Infini Drains Funds Blockchain security firm Beosin Alert confirmed that an…
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Circle Mints Another 250M USDC—Total Hits $8B in 2025
Circle has minted an additional 250 million USDC on Solana, it will in turn increase its current total issuance of 2025 by a staggering sum of 8 billion USDC as demand for regulated stablecoins continues to rise. On-chain analytics firm Spot On Chain announced the latest mint in a February 24 tweet post, revealing to…