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Decentralized finance (DeFi) platform Bunni suffered an $8.4 million hack due to a flash-loan exploit targeting a rounding error in its smart contracts, according to CryptoQuant. The attacker manipulated liquidity pools on Ethereum and Unichain, draining $1.33 million in USDC and $1 million in USDT from the weETH/ETH and USDC/USDT pools. Bunni’s post-mortem revealed the flaw stemmed from a rounding …

Stripe, the $92 billion fintech giant, launched private testing of its Tempo blockchain, a Layer 1 payments platform, on September 4, 2025, partnering with Visa, Deutsche Bank, and Standard Chartered, among others. Designed for high-throughput stablecoin transactions, Tempo targets over 100,000 transactions per second with sub-second finality, addressing limitations of existing blockchains that process 5–1,000 TPS. Stripe, handling peaks exceeding …

Gemini, the crypto exchange founded by the Winklevoss twins, has launched Ethereum (ETH) and Solana (SOL) staking alongside USDC-denominated perpetual contracts with up to 100x leverage for European Union (EU) and European Economic Area (EEA) investors. Announced on September 5, 2025, this expansion follows Gemini’s approval under the EU’s Markets in Crypto-Assets Regulation (MiCA) by Malta’s MFSA in August, complemented …

Sora Ventures, a Taiwan-based venture capital firm, has unveiled Asia’s first $1 billion Bitcoin treasury fund, a landmark move for institutional crypto investment. Announced at Taipei Blockchain Week on September 5, 2025, the fund aims to acquire $1 billion in Bitcoin within six months, backed by an initial $200 million from regional investors. This initiative positions Asia as a major …

Stablecoin reserves on centralized crypto exchanges have hit a record $68 billion, reflecting their critical role in the cryptocurrency market, according to CryptoQuant data. These digital assets, pegged to stable currencies like the U.S. dollar, provide liquidity and stability for traders navigating volatile conditions. Binance dominates with a 67% share, holding $44.2 billion in reserves, primarily in Tether (USDT) and …