☠️ The YU stablecoin from the Yala project, backed by BTC, sharply lost its dollar peg yesterday following an attack on the protocol — its price dropped to $0.2046.

According to Lookonchain, the attacker minted 120 million YU on the Polygon network, swapped part of it for 7.7 million USDC, converted it into 1,501 ETH, and distributed it across wallets. Over 112 million YU still remain in various networks.

It’s worth noting that YU’s market capitalization exceeds $100 million.

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🐳 Strategy has acquired 525 BTC for $60.2 million at $114 562 per Bitcoin.

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💸 PayPal to integrate Bitcoin & Ethereum into its new peer-to-peer payment system.

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🦊 The MetaMask team has launched its own stablecoin, MetaMask USD (mUSD).

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🗽 Today, U.S. lawmakers will meet with crypto industry leaders (Michael Saylor, Tom Lee) to discuss the creation of a strategic Bitcoin reserve.

The focus is the BITCOIN Act, which proposes purchasing 1 million BTC over 5 years using “budget-neutral” sources such as gold certificate revaluation or tariff revenues.

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🪙 Shares of KindlyMD, a company accumulating Bitcoin, plunged 55% today — neither the 5 765 BTC on its balance sheet nor the announced $5 billion Bitcoin purchase plan could prevent the drop.

Over the past month, the stock has lost 89.5% of its value.

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🇺🇳 The UN is launching a blockchain academy for governments, focusing on:

🔴 Digital IDs and access to financial services
🔴 Transparent public procurement and anti-corruption
🔴 Tokens and smart contracts for climate projects.

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🪙 Corps have already accumulated about 10% of all existing ETH.

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🪙 Is CZ Returning to Binance?

Now, on Twitter, instead of ex-binance, it's @binance.

By the way, today the media reported that Binance is close to reaching a deal with the US Department of Justice.

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🤡 Trump has filed a lawsuit against The New York Times, claiming that articles and a book published in 2024 seriously damaged the TRUMP memecoin.

The U.S. President is demanding $15 billion from the outlet.

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💸 The Coinbase customer data breach was linked to an employee of an Indian outsourcing service, who photographed screens with personal information and sold them for $200 per image.

The case, with damages estimated at $400 million, compromised the data of nearly 70 000 users.

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💳 Visa, through its Rain platform, has announced a partnership with Tether’s Plasma to make USDT available at over 150 million retail locations worldwide.

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