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News

Coindoo
coindoo.com > what-happens-when-you-send-crypto-on-the-wrong-network

What Happens When You Send Crypto on the Wrong Network?

1+ day, 1+ hour ago   (1233+ words) Sending crypto on the wrong network can leave funds accessible, delayed, uncredited by an exchange or permanently out of reach. The result depends less on the amount sent than on the receiving address, the network used and who controls the…...

Coindoo
coindoo.com > what-do-stablecoin-holders-receive-if-an-issuer-fails

What Do Stablecoin Holders Receive if an Issuer Fails?

1+ day, 7+ hour ago   (1235+ words) A stablecoin token gives its holder rights defined by the issuer’s terms and the applicable law. Those rights differ from bank-deposit protection and do not normally give the holder title to a specific reserve asset. What a holder can recover…...

Coindoo
coindoo.com > moneygram-adds-visa-spending-stablecoin-remittances

MoneyGram Adds Visa Spending to Stablecoin Remittances

4+ day, 1+ hour ago   (885+ words) MoneyGram has introduced its first stablecoin-backed Visa card for users in Colombia. The product connects its dollar-linked remittance balance with ordinary card payments at checkout. The distinction around “first” is important. This is MoneyGram’s first stablecoin-backed Visa card, but it…...

Coindoo
coindoo.com > why-cronos-could-recover-tectonic-exploit

Cronos Rollback Reverses $111M, Leaves $9.2M Unrecovered

6+ day, 8+ hour ago   (836+ words) Cronos says $9.19 million remains unrecovered after validators rolled back the Tectonic exploit and reversed most of the borrowed assets still recorded on the network. According to Cronos’ post-mortem, an attacker manipulated collateral on the Tectonic lending protocol and borrowed $120.4 million…...

Coindoo
coindoo.com > ethereum-pay-gas-without-holding-eth

Ethereum Plans a New Way to Pay Gas Without Holding ETH

1+ week, 2+ hour ago   (840+ words) Ethereum developers have scheduled a new transaction format for Hegotá that could let supported wallets handle transactions for users who do not hold ETH. Called Frame Transactions, the proposal would let one transaction carry programmable rules for authorisation, gas payment…...

Coindoo
coindoo.com > dbs-citi-test-tokenized-usd-payments

DBS and Citi Test 24/7 Tokenized USD Payments

1+ week, 3+ hour ago   (744+ words) DBS and Citi completed a weekend USD payment in minutes using tokenized deposits on Swift’s Digital Ledger, showing how cross-border bank payments could be executed outside normal operating hours. DBS and Citi’s New York office completed a cross-border USD payment…...

Coindoo
coindoo.com > liquid-no-keys-stolen-how-btc-leave

Liquid Says No Keys Were Stolen - How Did 4,000 BTC Leave?

1+ week, 9+ hour ago   (852+ words) Liquid paused its Bitcoin sidechain after SideSwap said allegedly bug-created L-BTC had been redeemed for approximately 3,996 real BTC. The Liquid Network disclosed the incident after approximately 4,000 BTC, then valued at about $320 million, left a wallet controlled by its federation. Liquid…...

Coindoo
coindoo.com > circle-chainlink-reserve-verification-cirbtc

Circle Adds Chainlink Reserve Verification to cirBTC

1+ week, 1+ day ago   (902+ words) Circle has added Chainlink Proof of Reserve to cirBTC, giving users and blockchain applications an onchain way to monitor the Bitcoin backing Circle’s wrapped token. Native Bitcoin cannot move directly through Ethereum smart contracts. Wrapped tokens address that limitation by…...

Coindoo
coindoo.com > us-listed-firm-mortgage-data-injective

US-Listed Firm Puts $1B in Mortgage Data on Injective

1+ week, 2+ day ago   (1056+ words) Injective now carries records linked to more than $1 billion of Canadian mortgages, although the loans, their legal ownership and borrower payments remain in traditional systems. Pineapple Financial has placed standardized records connected to residential mortgages on Injective, according to a…...

Coindoo
coindoo.com > occ-gives-crypto-bank-openreserve-conditional-approval

OCC Gives Crypto Bank OpenReserve Conditional Approval

1+ week, 3+ day ago   (1014+ words) OpenReserve has cleared a major regulatory hurdle in the United States, but the significance of the decision goes beyond another crypto company entering banking. On September 2, the Office of the Comptroller of the Currency gave preliminary conditional approval for OpenReserve…...