EU & US sanctions hit Garantex, Russia's crypto exchange, freezing $30M in USDT. Russia now seeks a domestic stablecoin to bypass restrictions.

PQA Labs have the same aim; there we strive to develop and create post-quantum stablecoins to protect the future of money ecosystem by…

President Trump signed the bipartisan "GENIUS Act," a landmark law creating a clear regulatory framework for the US stablecoin market, aiming to secure the dollar's digital dominance.

PayPal introduces "Pay with Crypto," allowing US merchants to accept over 100 cryptocurrencies, with funds converting to fiat or PYUSD at low transaction fees (0.99% for first year).PayPal, Crypto Payments, Cryptocurrency, Merchants, Bitcoin, Ethereum, PYUSD…

Follow us on Bluesky, Twitter (X), Mastodon and Facebook at @Hackread

A new crypto hack on the Nemo Protocol DeFi platform has resulted in the theft of $2.4 million in stablecoins, prompting a full-scale investigation.

A protocol exploit allowed a hacker to mint 120 million YU tokens, causing the Yala stablecoin to crash by 80% and raising serious questions about DeFi security.

Abracadabra.money suffered its third exploit in two years, losing $1.7M after attackers exploited an outdated token pool to mint 1.79M MIM stablecoins.

Stablecoins run 24/7, forcing a shift to always-on controls as risks move beyond custody into execution layers, APIs, and multi-system authority management.

Follow us on all social media platforms at @HackRead ;)