Tag: Stablecoin

Cypher's $1M Exploit Recovery: User Losses Addressed

Cypher’s $1M Exploit Recovery: User Losses Addressed

Following a security breach that removed $1 million from its funds, the decentralized futures trading platform Cypher has unveiled its comprehensive recovery strategy.  Operating on the Solana blockchain, the platform faced severe scrutiny after it paused its smart contract, promptly

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Coinbase Halts USDT Trading in Canada

Coinbase Halts Stablecoin Trading in Canada

Tether (USDT), Dai (DAI), and RAI stablecoins will no longer be available for trade on Coinbase’s Canadian platform as of August 31 due to legislative changes in the country. The company emailed customers on August 17 to inform them of

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