The United States House Financial Services Committee has passed the stablecoin regulation framework bill. On April 2, the US House Financial Services Committee passed the STABLE Act, which now needs to pass a full House vote and then a Senate vote in its next stages of approval into law. The...
Infini Suffers $49M Exploit in Stablecoin Heist
CertiK detected the Infini hack, revealing a rogue ex-developer used Tornado Cash for funding before exploiting retained admin rights. Stablecoin Bank Infini has suffered a security breach that resulted in the theft of over $49 million in USDC. On-chain tracking platforms identified that the attack happened due to an exploiter...
