Knowing how to read a stablecoin attestation report isn’t just a skill; it’s your first line of defense when verifying what’s backing your stablecoins. Stablecoin attestation reports provide third-party verification that each token is backed by real-world assets like cash and US Treasurys. Attestation ≠ audit: Attestations are point-in-time checks, not deep financial audits, so users should still perform broader due diligence. Not all tokens are redeemable. Time-locked, test or frozen tokens are excluded from reserve calculations to reflect only actively circulating coins. Read more
The concept of integrating crypto wallets into chatbots for DeFi access and AI-driven trade execution is relatively new, industry observers say. Cryptocurrency wallets are set for a new integration with artificial intelligence chatbot functionality through an AI terminal launched by the decentralized finance and AI (DeFAI) layer, Edwin. Edwin, an AI interface layer for DeFi launched in early 2025, is publicly rolling out its AI terminal, which aims to make access to crypto and DeFi “as easy as chatting,” according to an announcement shared with Cointelegraph on Thursday. The terminal allows users to directly connect their browser wallets like Phantom or MetaMask to provide real-time wallet context and suggest or even execute DeFi trades. Read more
A flaw in ResupplyFi’s contract allowed an attacker to manipulate token prices and drain $9.6 million from its wstUSR market. Decentralized finance (DeFi) protocol Resupply confirmed a security breach in its wstUSR market, which led to about $9.6 million in crypto losses. Blockchain security firm Cyvers said on Thursday that the exploit was triggered by a price manipulation attack involving the protocol’s integration with a synthetic stablecoin called cvcrvUSD. Meir Dolev, Cyvers’ co-founder and chief technology officer, told Cointelegraph that the attacker exploited a price manipulation bug in the ResupplyPair contract. “By inflating the share price, they borrowed $10 million reUSD using minimal collateral,” Dolev said. Read more
Bitcoin price all-time highs spark a sea change among larger miners, who instead of taking profits are actively adding to their BTC reserves. Key points: Bitcoin miners are showing rare behavior as BTC price action hits repeat all-time highs in 2025. Large miners are adding to their reserves, while the oldest participants have slashed sales compared to 2024. Read more
Galaxy Digital raises $175 million for its first externally backed venture fund, targeting early-stage crypto startups. Galaxy Digital has closed a $175 million venture fund, its first with outside capital, as the company ramps up plans to invest in early-stage crypto startups. The fund, which exceeded its $150 million target, marks the first time Galaxy has accepted outside capital. Until now, the company had relied solely on its own balance sheet for venture investments, according to a Thursday press release. The fund targets high-growth sectors such as stablecoins, tokenization, and payments, as well as the software layers that support them. Read more
One of the victims identified in the police operation said she carried around $13,000 in cash at one point to send Bitcoin to scammers via crypto ATMs. Australian federal police said it has contacted over 90 Australians as part of a crackdown on criminal use of crypto ATMs, including pig butchering victims and suspected offenders. One of the victims was a 77-year-old widow who was scammed out of 433,000 Australian dollars ($281,947) in an online dating scam, Australia’s financial intelligence agency, AUSTRAC, said on Wednesday. Australian public broadcaster ABC reported the widow was unaware that the Belgian man she’d been dating online for two years was a fraud until police showed up at her door. Read more