A PEPE whale has offloaded over 723 billion tokens, converting them to the DeFi stablecoin DAI, signaling a lack of confidence in the asset.

The breach adds to growing concerns about security in the crypto space, especially after a record-breaking February 2025 that saw more than $1.5 billion stolen in multiple high-profile hacks. The post RWA Restaking Protocol Zoth Suffers $8.4M Exploit, Attacker Converts Funds to DAI appeared first on Cryptonews.

Vitalik Buterin once again liquidated meme token holdings from his wallet. One of the biggest sales was for Dohrnii (DHN), a token that Buterin sold after 47 days of holding.

Vitalik Buterin, the co-founder of Ethereum, has recently made notable moves in the cryptocurrency space, according to data from OnchainLens. He minted 315,382 DAI, a popular stablecoin, and also sold several meme tokens for a total of 71.69 ETH, which at the time was worth approximately $136,684. Among the tokens he sold were: 146.

The Italian Minister of Economy and Finance wrote it in black and white.

Gnosis, the crypto ecosystem behind some of crypto's most used and most foundational tools, could help launch a VPN within two years.

As Europe prepares for a heavy enforcement of the Markets in Crypto Assets (MiCA) law, crypto exchanges are moving to ensure compliance. Binance, the biggest crypto exchange by market cap, has announced plans to delist stablecoins for European users.

EU customers can convert their holding MiCA-compliant alternatives like USDC ahead of deadline.

TL;DR Binance Delisting: Binance will delist several non-MiCA-compliant stablecoins (including USDT, DAI, TUSD, and USDP) in the EEA by March 31 to comply with EU MiCA regulations. Service Impact: Spot and margin trading pairs involving these stablecoins will be restricted, with limited effects on holding, conversion, and withdrawals.

Binance, one of the world's largest cryptocurrency exchanges, has announced plans to delist nine stablecoins in Europe by March 31 to comply with new European Union regulations. While users in the EEA will no longer be able to trade these stablecoins, Binance will continue to offer custody and conversion services.

Addresses linked to the Bybit exploit swapped millions worth of ETH for DAI using DEXs, with portions sent to eXch, the exchange at the center of controversy for refusing to freeze funds.

According to emails shared with European users, Crypto.com will delist several prominent cryptocurrencies, including Tether's USDT, Wrapped Bitcoin (WBTC), and DAI, by January 31, 2025.

Ripple's RLUSD appears set to take on industry leaders in the stablecoin space. Since its official launch on Dec. 17, 2024, RLUSD has gained traction among cryptocurrency traders.

Sebastian Bürgel, vice president of technology at Gnosis and founder of Hopr, argues that hyperfinancialization and profit-seeking are a threat to privacy and the crypto sector.

TL;DR Ethena surpasses DAI and reaches a $6 billion market capitalization with its stablecoin USDe, standing out in the sector. The integration of sUSDe into Aave drives over $1 billion in inflows in just a few weeks, attracting large investors. Ethena launches USDtb, a stablecoin backed by U.S.

Story Highlights The live price of the Gnosis token is The GNO price might hit a maximum of $479 in 2025. Gnosis price could potentially hit a high of $1,384 by 2030. Several cryptocurrency projects with breakthrough innovations have emerged in the market.

Ethena's USDe stablecoin recently surpassed Sky's Dai in market capitalization to become the third-largest stablecoin.

The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.

Ethena Labs is going through the most rapid expansion of the USDe supply in its history, boosted by bullish crypto sentiment.

Bitcoin-backed stablecoin USDa currently ranks second among the largest CDP projects, trailing only behind MakerDAO's DAI. The stablecoin issued by Avalon Labs has a total value locked (TVL) of $729 million and a borrow-supply ratio of 48%.

Ethereum Foundation (EF), a major non-profit organization dedicated to the long-term development of the Ethereum network, has continued with its Eth selling strategy. As a major grant source on the Ethereum network, the EF often engages in Ether selling for stablecoins to pay employees and services approved by the core team.

In an exclusive interview with crypto.news, Frederieke Ernst, co-founder of Gnosis, discusses the future of money and how the cypherpunk movement continues to impact crypto innovation.

Sky co-founder Rune Christensen told Decrypt that Solana support "marks the beginning of a new multi-chain era for USDS."

The Ethereum Foundation sold 100 ETH for DAI, marking its first ETH sale since releasing its annual report. The sale is part of the foundation's strategy to fund public projects and maintain its financial reserves.

The Ethereum Foundation makes another DAI purchase by offloading 100 ETH on Nov. 12. This is the first time the protocol has sold ETH since releasing its annual report.

In his interview with members of Gnosis Pay at Token2049 in Singapore, David comes away more impressed than ever. Gnosis Pay Is the Touchpoint to Tradfi That Crypto Deserves This interview was one of my favorites at Token2049 in Singapore. First off, I think Gnosis Pay—and indeed, all Gnosis products—are underappreciated by non-technical crypto users.

GnosisDAO is launching a $40 million venture fund to support early-stage projects under the Gnosis 3.0 roadmap.

GnosisVC will back projects working on real-world assets, decentralized infrastructure and onchain payments platforms.

Gnosis (GNO) price has recently gained traction in the crypto market, reflecting solid performance metrics. Earlier today, it hit a two-month high of $196.67 before retracing back to around $190.4 at press time.

The self-custodial crypto debit card is a step towards ‘banking 3.0,' combining legacy payments infrastructure with Web3 innovation.

The campaign allows users to refer three friends to Gnosis Pay and earn the coveted OG NFT, along with a 1% cashback boost on transactions. For users who already possess the OG NFT, the benefits don't stop there.

The Gnosis Chain community is exploring alternative solutions to replace xDAI. Among the proposed options is the adoption of another decentralized stablecoin.

Rune Christensen, co-founder of the decentralized finance platform Maker (MKR), has clarified that while the upcoming stablecoin rebrand will introduce a freeze function, it will not be applied to the existing DAI stablecoin.

Gnosis Chain members are reassessing their choice of gas tokens following MakerDAO's rebranding to Sky and the introduction of USDS.

Household DeFi protocol Maker replaced its decentralized DAI stablecoin with centralized USDS as it rebranded to Sky. Users are not happy.

The co-founder of decentralized finance (DeFi) platform Maker (MKR) says that the rebrand of its stablecoin will have a freeze function but that DAI will continue to operate normally.

Tether's spike in wallet creation, along with Dai's growth, points to a potential crypto market revival driven by new capital.

Just a day after MakerDAO rebranded to Sky, the community has been debating the implications of the new freeze function. MakerDAO co-founder Rune Christensen steps in to provide clarity.

Maker Protocol, the DeFi lending platform, has officially rebranded itself as Sky and introduced a new suite of upgrades.

DAI holders will be able to upgrade to USDS 1:1, while MKR holders can convert to SKY at a 1:24,000 ratio.

Maker DAO reveals details of its major rebrand.

The attack highlights significant security risks in the DeFi space and underscores the need for heightened vigilance among Web3 users. The phishing incident unfolded when the attacker tricked the user into reassigning ownership of their DeFi Saver Proxy contract.

Decentralized blockchain protocol MakerDAO has announced an upgrade for DAI and MKR tokens. The platform released two new assets, NewStable and NewGovToken which will exist alongside DAI and MKR.

TL;DR MakerDAO launches the NewStable and NewGovToken, while maintaining the availability of the current DAI and MKR tokens. NewStable will replace DAI for new transactions at a 1:1 conversion rate, while DAI will continue to be used for specific applications.

New MakerDAO tokens have been introduced, while DAI and MKR will remain available.

A recent phishing attack targeting a prominent crypto whale has resulted in the theft of approximately $55 million worth of Dai tokens, drawing attention to the growing sophistication and frequency of cyberattacks within the Web3 ecosystem.

A Maker Vault was exploited via a compromised EOA, allowing the attacker to take control and target the Dai stablecoin.

A whale address lost 55.47 million DAI stablecoins. CertiK Alert observed the attacker had accessed externally owned accounts (EOA) using Inferno Drainer.