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Crispybull Crispybull
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The ECB Is Preparing for the Wrong Stablecoin Crisis

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crispybull CrispyBull @crispybull ·
22h

🚨 USPD stablecoin hack: $1M drained in minutes.
A misconfigured upgradeable proxy gave attackers access to treasury functions — and they walked off with multiple assets.

Protocol paused. Forensics underway.
DeFi keeps learning the same lesson: upgrade paths are attack surfaces.…

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crispybull CrispyBull @crispybull ·
28 Nov

Balancer just approved an $8M reimbursement after the $128M exploit.
A rare case where a DeFi protocol chooses to compensate users rather than shrug and move on.
Snapshot-based payouts start in Q4.

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crispybull CrispyBull @crispybull ·
27 Nov

Today, Upbit halted Solana deposits/withdrawals after a ₩54B ($37M) hot-wallet breach.
The timing couldn’t be worse: the hack hit hours after Naver announced its acquisition of Dunamu.
Upbit says all user losses will be reimbursed.

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crispybull CrispyBull @crispybull ·
27 Nov

🚨 KlarnaUSD just fired a shot at the $120B cross-border fee machine.
Klarna’s Tempo-powered stablecoin won’t kill those fees overnight, but it will give millions a way around the rails that create them.

Here’s the real tension:
▪️ 114M users suddenly gain access to…

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Crispybull
CrispyBull is a magazine about cryptocurrency and blockchain technology. We bring you the hottest news and the most interesting articles daily.
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