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$SOL The team at Solana Foundation has released a critical bug fix, which would otherwise allow attackers to mint unauthorized tokens and withdraw the same from user accounts. In its recent diagnosis, the Foundation detailed the flaw that forged invalid proofs affecting Solana’s privacy-focused “Token-22 confidential tokens”. Although the SOL price took a dive to $140 levels earlier today, it has bounced back to $147 at press time, with a 12% surge in daily trading volume
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#USStablecoinBill In mid-March the US Senate’s Bill to regulate stablecoins, the Genius Act, was passed by the Senate Banking Committee with an 18 to 6 vote, with at least five Democrats supporting the Bill. Last week Republicans announced that Senate Majority Leader John Thune would propose a vote on the Bill to the full Senate, possibly this week. However, over the weekend a group of nine pro-crypto Democrats have said they could not support the Bill in its current form, Politico first reported
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#USStablecoinBill In mid-March the US Senate’s Bill to regulate stablecoins, the Genius Act, was passed by the Senate Banking Committee with an 18 to 6 vote, with at least five Democrats supporting the Bill. Last week Republicans announced that Senate Majority Leader John Thune would propose a vote on the Bill to the full Senate, possibly this week. However, over the weekend a group of nine pro-crypto Democrats have said they could not support the Bill in its current form, Politico first reported
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#MarketPullback The global cryptocurrency market experienced a mild correction today, with total market capitalisation dipping by 1.58% to US$2.93 trillion. Despite the decline, investor sentiment remains neutral, with the Crypto Fear & Greed Index sitting at 49. Bitcoin (BTC), the market’s bellwether, dropped 1.72% in the last 24 hours, currently trading at US$94,137.93. Ethereum (ETH) followed suit, easing 1.97% to US$1,796.30. Tether
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$USDC is a stablecoin pegged to the U.S. dollar. It is issued by Circle and backed by a consortium that includes Coinbase. USDC remains the second-largest stablecoin, trailing Tether’s USDT, whose market cap exceeds $144 billion at the time of writing. USDC's supply is distributed across multiple blockchains, with Ethereum hosting the majority over $36 billion, followed by Solana with a substantial $10 billion. Other blockchains include Base with $3.8 billion
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