Moonwell loses $1.78M in oracle mishap
Moonwell was exploited for about $1.78 million after a governance proposal misconfigured a price oracle, causing Coinbase Wrapped Staked ETH to be valued at roughly $1.12 instead of about $2,200.
Moonwell was exploited for about $1.78 million after a governance proposal misconfigured a price oracle, causing Coinbase Wrapped Staked ETH to be valued at roughly $1.12 instead of about $2,200.
The European Central Bank will begin selecting EU-licensed payment service providers in the first quarter of 2026 for a 12-month digital euro pilot scheduled to start in the second half of 2027.
Modern Treasury has integrated stablecoin settlement into its existing payments infrastructure, allowing businesses to process USDG, USDP and USDC alongside ACH transfers, wire payments and real-time networks.
Base, Coinbase’s Ethereum layer-2 network, is transitioning from Optimism’s technology stack to its own unified software architecture in a bid to streamline upgrades and reduce external dependencies.
World Liberty Financial’s WLFI token rose more than 23% to about $0.12 ahead of a crypto-focused forum at President Donald Trump’s Mar-a-Lago club in Florida.
Societe Generale’s digital asset arm, SG-FORGE, has launched its euro-denominated stablecoin EUR CoinVertible on the XRP Ledger, marking its third public blockchain deployment after Ethereum and Solana.
US Treasury bill issuance is the primary liquidity metric influencing Bitcoin’s price rather than Federal Reserve balance sheet expansion, according to new research from crypto investment firm Keyrock.
Riot Platforms could generate between $9 billion and $21 billion in equity value from its artificial intelligence and high-performance computing expansion, according to activist shareholder Starboard Value.
Trust Wallet has launched Cash Deposits in the United States, allowing users to convert physical cash into digital assets directly within its self-custody wallet without needing a bank account, debit card or custodial balance.
Goldman Sachs chief executive David Solomon said he owns “very little” bitcoin during a panel at the World Liberty Forum in Florida on Feb. 18, signalling a personal shift towards the digital asset.
Mark Zuckerberg testified that it's "very difficult" to enforce Instagram's age limits as he sought to defend the platform during a landmark trial over social media addiction. The chief executive officer of Meta Platforms was sharply questioned on the witness stand Wednesday about the company's efforts to attract and engage teenage users, and whether it adequately policed accounts belonging to children under 13, despite rules barring them from using the app. Zuckerberg said Meta has introduced some "proactive tools" to try to identify and remove accounts used by children under 13, but called it a "challenging" problem. Bloomberg News Senior Technology Reporter Kurt Wagner joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.
Federal Communications Commission Chairman Brendan Carr defended the agency's rules regarding equal air time for political candidates and said the controversy over an interview between CBS late-night host Stephen Colbert and Texas state Representative James Talarico that never aired on the network wasn't the result of government censorship. Talarico, who is seeking a US Senate seat, used the incident to grab attention and campaign donations as he faces off against Congresswoman Jasmine Crockett in a closely watched primary race, according to Carr. Talarico's interview with Colbert was ultimately posted to the show's YouTube channel as an "online exclusive." Matthew Schettenhelm, Bloomberg Intelligence Media Litigation Analyst, and Bloomberg News Media Reporter Hannah Miller join Bloomberg Businessweek Daily to discuss. They speak with Carol Massar and Tim Stenovec.
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