Author: Charlie Davis

OKX has launched a new stablecoin savings app, OKX Money, across various regions. The app offers users the ability to earn up to 10% yield on stablecoin deposits. Regulatory scrutiny surrounding stablecoin yields raises questions about sustainability and compliance. Introduction to OKX Money and Its Impact The cryptocurrency landscape continues...

Highlights Tokenized assets show distinct trading behaviors compared to traditional markets, with single stocks dominating tokenized equities. The market for tokenized real-world assets has surged to $34.5 billion, showcasing their emerging prominence. While regulators begin to embrace tokenization in the US, the sector still represents a minimal fraction of the...

Highlights An attacker attempted to steal approximately $7.7 million in rsETH from an Ethereum Safe wallet but was intercepted by an MEV bot. The exploit involved a custom Uniswap v4 liquidity module directed towards a hooked pool, making the attack possible. Kelp, the protocol behind rsETH, has paused certain transactions...

Highlights Harmony proposes to sunset its network and migrate its ONE token to Ethereum after seven years of operation. The migration plan is non-binding, with validators offered options to stop their nodes or become involved in new initiatives. The proposal follows a significant exploit that impacted the blockchain’s integrity, prompting...