Tether to Launch Georgian Lari Stablecoin With Government Support
Tether plans to launch GEL₮, a stablecoin tied to the Georgian lari, with support from Georgian authorities. The project highlights Georgia’s growing interest in digital finance and regulated crypto infrastructure, though key details around oversight, reserves, and implementation remain unresolved.
SEC’s Planned Tokenized Stock Exemption Hits Resistance Almost Immediately
The SEC reportedly slowed or narrowed its proposed tokenized stock exemption after exchanges and industry groups raised concerns about investor protections and market oversight. The debate increasingly centers on whether blockchain-based equity systems can evolve without bypassing traditional securities safeguards.
Congress Tries Again to Lock Trump’s Bitcoin Reserve Into Law
The ARMA bill is the latest attempt to turn Trump’s March 2025 Bitcoin reserve executive order into permanent law. The proposal keeps the 1 million BTC target but removes binding purchase mandates, making the plan more symbolic than immediate for now.
TrapDoor Malware Targets Crypto Developers Through Fake Open-Source Packages
Socket Security researchers uncovered TrapDoor Malware, a supply-chain attack targeting crypto and AI developers through malicious open-source packages. The campaign affected npm, PyPI, and Crates.io ecosystems while attempting to steal credentials, wallet data, and developer access tokens.
How an Old Private Key Triggered the Polymarket Exploit
Polymarket said a compromised internal wallet caused the recent exploit on Polygon, not a breach of its core contracts. Investigators traced losses between $573,000 and $700,000, while questions remain about legacy wallet management and operational security controls.
