HSBC Makes its Biggest Retail Stablecoin Play Yet
HSBC (@HSBC) has launched RedCoin, its first Hong Kong dollar stablecoin, through its PayMe platform. The token, which carries the ticker $RCHKD, is the bank's most visible move yet into reta
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Security
News, analysis, and explainers connected to Security across the CryptoCompass archive.
Latest Security Stories
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Initia Halts Network After Day 0 Bug Enables Unauthorized…
Initia halted its Layer 1 blockchain and connected rollups on October 23 after a security incident allowed an attacker to mint tokens without authorization and move approximately $2.7 million
BlackRock Transfers over $300M in BTC and ETH to Coinbase Prime
Wallets linked to @BlackRock's exchange-traded funds sent $355.63 million worth of Bitcoin ($BTC) and Ethereum ($ETH) to @Coinbase Prime within a two-hour window on October 23, according to o
Cosmos USDC is moving to Injective, and the first Noble deadline lands next week
Circle has stopped minting new USDC on Noble, the chain that has issued the stablecoin for the Cosmos ecosystem, and the first deadline for holders arrives next week. Cosmos is shifting to a
James Wynn is back after a long hiatus...
Well-known on-chain trader James Wynn (@JamesWynnReal) has ended a 49-day trading hiatus. He returned by opening a highly leveraged short position in Bitcoin ($BTC) on the decentralized perpe
Nasdaq’s CEO says tokenized collateral is the nearest win, pointing to a Canton Network test
On @Nasdaq’s third-quarter earnings call, CEO @adenatfriedman named collateral as the clearest near-term business in tokenization. She pointed to a test with Vanguard and Wellington on @Canto
Hong Kong broker Futu now lets clients move BNB in and out
Nasdaq-listed brokerage Futu has opened $BNB deposits and withdrawals for eligible professional investors in Hong Kong, allowing clients to move the token between self-custody wallets and Fut
US banks have stablecoin rules now, and Quant Network wants in
US banks now have a final federal rulebook for stablecoins, and Quant Network is positioning itself as the connective layer between that new framework and the payment systems banks already us
Ethena’s USDe goes native on OKX’s X Layer, with Aave first in line
@ethena, the protocol behind $ENA, has made its USDe dollar token native on @XLayerOfficial, the layer 2 network run by OKX. Users can hold and swap the token across the chain. The first inte
Dogecoin fans can tip any X account in DOGE, even one that never touched MyDoge
Dogecoin ($DOGE) holders can send tips to any account on X through the MyDoge wallet, including recipients who have never used the app. The feature is run through the @MyDogeTip bot and relie
JPM Coin has zero Ethereum supply after launch, Sentora says
JPMorgan’s JPM Coin has recorded zero supply and zero transfers on Ethereum in a contract review by Sentora, days after the bank announced the deposit token’s arrival on the network. Summary
UNI Wallet Creation Reaches Highest Level Since November 2022
TLDR: Santiment counted 2,295 new UNI addresses in one day, the highest network-growth reading since November 2022, based on first-time interactions with UNI. Santiment pointed to new Uniswap