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![Zunami Protocol confirms stablecoin pools attacked, .1M loss estimated Zunami Protocol confirms stablecoin pools attacked, .1M loss estimated](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/d684efd1-8768-4dea-8562-e808efa14d08.jpg)
Decentralized finance protocol Zunami Protocol has confirmed it has encountered an attack on its “zStables” pool on Curve Finance. Blockchain security firm PeckShield estimates over $2.1 million was stolen from Zumani’s Curve Pool…
![PayPal Rolls Out Its Native Stablecoin PayPal USD (PYUSD) PayPal Rolls Out Its Native Stablecoin PayPal USD (PYUSD)](https://assets.bitdegree.org/images/payment-platform-paypal-rolls-out-its-native-stablecoin-paypal-usd-pyusd-featured.jpg)
PayPal is making major moves in the crypto industry. In a groundbreaking move, PayPal, a well-known American online payment giant, introduced its native crypto stablecoin PayPal USD (PYUSD). Unveiled on August 7th, PYUSD…
![Aave GHO Stablecoin Depegs Temporarily in Wake of Curve Hack Aave GHO Stablecoin Depegs Temporarily in Wake of Curve Hack](https://s32659.pcdn.co/wp-content/uploads/2022/11/Compound-COMP-AAVE-Price-Prediction.jpg)
The stablecoin GHO, created by DeFi platform Aave, lost its $1 peg for a few hours on July 31. The token has risen to $0.98 since then, and analysts are theorizing what might…
![Stablecoin Legislation Is Being Held Back by Democrats Stablecoin Legislation Is Being Held Back by Democrats](https://s32659.pcdn.co/wp-content/uploads/2023/02/bic_Stablecoins_neutral_1.png)
US lawmakers advocating for stablecoin regulations have accused the Democrats of obstructing the process. Moreover, concern is growing that stablecoin legislation could open the door for tech giants to issue their own stablecoins….
![Wyoming seeks ‘stable token’ commission head in first steps to establish state stablecoin Wyoming seeks ‘stable token’ commission head in first steps to establish state stablecoin](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-07/f037d6c5-4c3f-4e1a-bd65-64b06649414d.jpg)
The United States state of Wyoming is beginning its work on its stablecoin, officially called the “stable token” project, by opening a job position for the head of the stable token commission. The…