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Wu Blockchain· 2026-07-06 13:40
Russia’s Largest Bank Sberbank Plans Crypto Wallet Launch by DecemberAccording to RBC, Russia’s largest bank, Sberbank, plans to launch a crypto wallet and digital custody service in its Sber and SberInvestments apps by early December following the expected implementation of the country’s new crypto law on Sept. 1. The bank is also considering acting as an intermediary for Russians trading on foreign crypto exchanges, subject to the final regulatory framework. ...
X @Wu Blockchain
Wu Blockchain· 2026-07-06 11:31
Adjusted Stablecoin Volume Hits Record $1.79T in June, Up 63% from MayAccording to Visa Onchain Analytics, adjusted stablecoin transaction volume reached a record $1.79 trillion in June, up 63% from $1.10 trillion in May and surpassing the previous high of $1.78 trillion set in February.USDC accounted for about 67% of volume at $1.21 trillion, followed by USDT with $576 billion (32%). By network, Base ranked first with $565 billion, narrowly ahead of Ethereum at $562 billion, while Tron placed third. ...
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Wu Blockchain· 2026-07-06 09:17
According to Onchain Lens, the attacker used a 64.8 million USDC flash loan to exploit Summerfi by abusing the parent vault Fleet Commander’s trust in its Ark strategy contract. The exploit artificially inflated the Ark’s reported assets to about $7.14 million, allowing the attacker to redeem roughly 71 million USDC before repaying the flash loan and pocketing the profit. ...
X @Wu Blockchain
Wu Blockchain· 2026-07-06 08:48
Ripple Receives Full MiCA CASP License, Gains EEA-Wide Crypto Services ApprovalRipple announced it has received full Crypto Asset Service Provider (CASP) authorization under the EU’s MiCA framework from Luxembourg’s CSSF. The approval follows its preliminary authorization in June and enables Ripple to provide regulated crypto services across all 30 countries in the European Economic Area. Ripple said it now holds more than 75 regulatory licenses globally. ...
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Wu Blockchain· 2026-07-06 06:10
Blockaid: Summer fi Under Attack, About $6M DrainedAccording to Blockaid, its exploit detection system identified an ongoing exploit on Summer fi, with about $6 million drained so far. Summer fi is a DeFi yield aggregation and automated vault management platform that provides institutional-grade DeFi vault infrastructure. ...