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Nalezeno "FT Report": 5581

Web3 Loses $1.2 Billion to Hacks and Rug Pulls so far in 2023: Report


Web 3 platforms have lost over $1.2 billion so far this year in hacks and rugs pulls, according to a report from web3 bug bounty platform Immunefi.  The report revealed a total of 211 separate incidents contributing to this massive sum, with the month of August alone accounting for $23.4 million...

Report: Tether Pivots to Bahamas’ Britannia Bank Amid US Banking Strains


In a recent report released on Tuesday, undisclosed sources detailed that the firm behind the top stablecoin in market cap, tether (USDT), is now banking with Britannia Bank & Trust. In the past month, tether’s supply has dipped by 1.3%, leaving 82.85 billion USDT in circulation....

Report: Nigerian Central Bank Sued for Dollarizing Economy


In a lawsuit filed by a Nigerian human rights activist, the country’s central bank is accused of failing to stop the dollarization of the economy. According to the activist, the central bank’s unwillingness to stop economic agents from demanding U.S. dollars for domestic transactions...

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