This may point to a “governance attack” in which a whale from the UMA Protocol “used his voting power to manipulate the oracle, allowing the market to settle false results and successfully profit,” according to crypto threat researcher Vladimir S.“The tycoon cast 5 million tokens through three accounts, accounting for 25% of the total votes.
Continue readingFidelity plans stablecoin launch after SOL ETF “regulatory litmus test”Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm’s latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration.The $5.8 trillion asset manager plans to launch the stablecoin through its cryptocurrency division, Fidelity Digital Assets, according to a March 25 report by the Financial Times citing anonymous sources familiar with the matter.
Source: DWF LabsThe fund will focus on blockchain projects with significant “usability and discoverability,” according to Andrei Grachev, managing partner of DWF Labs.“We’re focusing our support on mid-to-large-cap projects, the tokens and platforms that typically serve as entry points for retail users,” Grachev told Cointelegraph, adding:“However, good technology and utility alone isn’t sufficient.
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Author / Journalist: Cointelegraph by Zoltan Vardai
The story "Bitcoin to $110K next, Hyperliquid whale bags $6.2M ‘short’ exploit: Finance Redefined" has 1258 words across 50 sentences, which will take approximately 6 - 11 minutes for the average person to read.
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