Union Restores Wallet Functionality After Brief Disruption
According to Foresight News, Union, a modular interoperability layer, has officially restored its wallet functionality after a brief and unexpected disruption earlier today.
About an hour ago, Union reported an anomaly affecting wallet operations, which raised concerns among its users. But thanks to its quick-acting engineering team, the issue was identified and fixed rapidly. The wallet is now fully operational, and engineers are closely monitoring the system to ensure stability.
Trump-Backed #USD1 Stablecoin Triggers $2 Billion Investment in #Binance
In a major move that's stirring the crypto world, Abu Dhabi-based investment firm MGX announced a $2 billion investment in #Binance. The twist? The entire investment is being made using the #USD1 stablecoin — a new asset backed by former U.S. President Donald Trump.
#USD1, launched with the help of #BitGo, is fully backed by U.S. Treasuries, cash, and equivalents, aiming to maintain a stable $1 peg, similar to major stablecoins like #USDT and #USDC. This investment marks one of the largest inje