North Korea has “industrialized” cryptocurrency theft, turning it into a primary mechanism of revenue for the pariah state. That’s the conclusion of a new report by crypto security firm CertiK, which found that North Korean hackers have stolen $6.75 billion over the past decade, $2.6 billion of it in the past 18 months alone. The biggest incident by far was…
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Boundary to Launch ‘Verifiable’ Stablecoin for Institutions
USBD will be for pre-approved institutions only
Boundary Labs today announced that it has closed a $2 million pre-seed funding round to launch a new stablecoin, designed for institutions, that will provide onchain verification of its backing reserves. Exclusively for financial and blockchain institutions, the USBD stablecoin is engineered from the ground up for pre-approved participants who require “a new standard of onchain verifiability,” Boundary labs said…
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Exodus Launches Stablecoin Designed for AI Agents
XO Cash stablecoin allows purchases without private key control
Crypto wallet maker Exodus Movement has launched a new stablecoin designed expressly for AI agent commerce. The Solana-based XO Cash stablecoin and its software toolkit will let AI agents make payments without giving them control over private keys. Built with the on-and-off-ramp fintech MoonPay, XO Cash lets developers create wallets linked to an agent while setting spending limits and issuing…
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2026 Wrench Attacks Spike to $101M
Violent crypto thefts double 2025 losses in four months
Violent wrench attacks against wealthy crypto holders have spiked in the first four months of 2026, with more than $101 million stolen. Europe leads the way with this type of theft, with France the epicenter of these attacks. Of the 34 wrench attacks documented by crypto security firm CertiK so far this year, 28 were in Europe and 24 in…
