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Edel Finance hit by $403K loss after flash-loan oracle exploit drains xStock lending reserves Edel Finance, a programmable market layer focused on tokenized equities, has suffered a $403,000 exploit that exposed critical weaknesses in its pricing and risk architecture. The incident centered on xStocks, a product that tokenizes equity exposure, and specifically targeted the wrapped…

XRPL Lending Proposal Opens Door To Institutional Credit On The XRP Ledger A new set of proposed upgrades to the XRP Ledger (XRPL) is quietly laying the groundwork for institutional-grade credit markets to run natively on-chain – without turning the ledger itself into a credit adjudicator. Two amendments, known as XLS-65 (Single Asset Vaults) and…

Former Goliath Ventures chief executive Christopher Alexander Delgado has admitted his role in a vast crypto fraud scheme that prosecutors say drew in at least $400 million from investors and wiped out a minimum of $250 million in savings. In a federal court proceeding, Delgado pleaded guilty to conspiracy to commit wire fraud, wire fraud…

India’s USDT premium jumps past 8.5% as tighter rules choke stablecoin supply India’s market for Tether (USDT) is under growing strain, with the stablecoin now trading at a premium of more than 8.5% against the official USD/INR exchange rate. The spike underscores how regulatory pressure is reshaping the country’s access to dollar-backed liquidity and undermining…

Altcoin Market Cap Wipes Out Nearly 900 Days Of Gains As Price Returns To Key Breakout Zone Crypto analyst Michaël van de Poppe has highlighted a dramatic reset in the altcoin market: the total market capitalization of altcoins has effectively traveled in a full circle, giving back almost 900 days of gains and revisiting a…

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