Bridge

Highlights: Gravity Bridge lost about $5.4 million in a suspected signing key breach. The attacker drained USDC, ETH, USDT, and PAYG from the bridge contract. Stolen funds moved through ChangeNow and Binance after conversion into ETH. Gravity Bridge suffered a […]

Highlights: A hacker returned 4,052.4 ETH worth $8.5M after exploiting the Verus-Ethereum Bridge. The Verus-Ethereum Bridge lost $11.6M due to a logic flaw in transaction validation checks. Verus offered the exploiter 1,350 ETH as a bounty to recover the majority […]

Highlights: Visa and Bridge plan to expand stablecoin cards to over 100 countries soon. Users can now pay and settle transactions directly with stablecoins through Visa. Stablecoin cards show growing demand and strong competition in global payment systems. Visa is […]

Highlights: Bridge received conditional approval from the OCC after applying for the license. The license will give the company powers to manage its stablecoin reserves under the oversight of the authority. Banking groups have urged regulators to slow approvals as […]

Highlights: MetaMask is set to launch the mUSD stablecoin to expand its digital payment reach. The new mUSD stablecoin will roll out by the end of August, targeting its active monthly users. MetaMask has expanded its fiat off-ramp services to […]

Highlights: Stripe has launched a product that will allow users to hold and send money using stablecoins. The company acquired Bridge for $1.1 billion to support its growing stablecoin and blockchain services. Stripe also launched an AI model to improve […]

Highlights: Visa brings stablecoin payments to Latin America with support from Bridge and Lead Bank for easy card use. Users pay with stablecoins while merchants receive local currency without handling crypto directly. Visa will introduce the card services to other […]

Highlights: Patrick Collison announced the testing of Stripe stablecoin and urged companies to participate. Stripe completed a 1.1 billion dollar acquisition of Bridge to strengthen its stablecoin payment infrastructure. The company has begun testing its stablecoin product as competition grows […]

Highlights: Stripe acquires stablecoin platform Bridge for $1.1 billion, its largest deal to date and increasing its expansion into cryptocurrency presence. Launched by former Coinbase employees, Bridge focuses on payment operations within stablecoins, thus improving Stripe’s cross-border and digital transactions. […]

Highlights: Stripe’s talks to acquire Bridge show its commitment to expanding in the stablecoin payment sector.  Bridge’s integration of USDT and USDC aims to streamline cross-border transactions for businesses. Growing competition in the stablecoin market pushes firms to innovate and […]