Mastercard Moves to Settle Card Payments Using Stablecoins

Key takeaways Mastercard is integrating stablecoins into its payment infrastructure to modernize the back-end settlement process, allowing banks and issuers to settle card transactions using regulated digital dollars such as SoFiUSD. The partnership with SoFi Technologies enables SoFi Bank to settle Mastercard transactions in SoFiUSD, while Galileo’s platform allows other banks and fintech issuers to…

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LayerZero Says Kelp Setup Caused Exploit, as Aave Loss Questions Mount

Interoperability protocol LayerZero claims that an inadequate setup tied to Kelp’s decentralized verifier network (DVN) enabled malicious actors to steal $290 million from Kelp DAO, adding that preliminary signs point to North Korea-linked threat actors. An attacker drained about 116,500 Restaked ETH (rsETH), worth roughly $292-$293 million at the time, from Kelp DAO’s LayerZero-powered rsETH…

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Teyana Taylor Channels Janet Jackson’s Legendary 1995 MTV VMAs Style

Teyana Taylor recently paid a stunning tribute to one of music’s most enduring style icons by recreating Janet Jackson‘s unforgettable 1995 MTV Video Music Awards ensemble. The multi-talented performer channeled the pop legend’s memorable red carpet moment with remarkable attention to detail, apparently capturing both the essence and elegance of Jackson’s original look from over…

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