After $10M Wanchain Bridge Hack, Charles Hoskinson Says Crypto Must Change

🎬 After $10M Wanchain Bridge Hack, Charles Hoskinson Says Crypto Must Change
Input Output CEO and Founder Charles Hoskinson joins CoinDesk's Jennifer Sanasie hours after a $10 million exploit drained Wanchain's Cardano-to-BNB Chain bridge of 515 million NIGHT tokens. Hoskinson explains why bridge hacks are inevitable without zero-knowledge infrastructure and what wallet insurance, selective identity disclosure, and privacy tech like Midnight would mean for an industry that still leaves victims with no recourse.
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➤ Charles Hoskinson discusses the inevitability of bridge hacks like the recent $10M Wanchain exploit, attributing them to a lack of zero-knowledge infrastructure.
➤ He advocates for enhanced security through ZK systems, selective identity disclosure via tools like Midnight Passport, and the development of wallet and bridge insurance to protect victims.
➤ Hoskinson emphasizes that these advancements are crucial for the crypto industry's maturation, mainstream adoption, and regaining trust by providing recourse for victims.

#Wanchain #bridge hack #Charles Hoskinson #Cardano #BNB Chain #zeroknowledge #Midnight #wallet insurance #identity disclosure

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The TRUTH About The New Dollar

🎬 The TRUTH About The New Dollar
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➤ A Binance Research report indicates stablecoins are evolving beyond a temporary holding place in crypto to become a primary financial tool for storing, moving, and settling value globally.
➤ Key growth drivers include demand for yield (outperforming traditional savings), protection against inflation/weak currencies, and 24/7 settlement capabilities, with significant adoption seen in regions like East Asia and MENA.
➤ The report highlights increasing transaction volumes, merchant adoption via platforms like Binance Pay, and emerging use cases like AI agent payments and on-chain FX, while acknowledging risks like peg stability and regulatory uncertainty.

#stablecoins #Binance Research #financial infrastructure #digital dollar #yield #remittances #settlement #BNB Chain #AI payments

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Binance Rolls Out Direct Stocks & bStocks: How Does It Work?

🎬 Binance Rolls Out Direct Stocks & bStocks: How Does It Work?
*If you’ve been juggling crypto in one place and equities in another, Binance now offers direct stocks and ETFs for eligible users!* In this video, we break down Direct Stocks & bStocks on Binance—what they are, how you can start from $5 to trade 7,000+ stocks and ETFs inside Binance and switch into bStocks after the bell—and what it means if you’re tired of juggling two apps or missing after‑hours moves. We also cover where fractional shares are supported, and the key risks and limitations to u...

➤ Binance has launched Direct Stocks and bStocks, allowing users to trade over 7,000 stocks and ETFs within the Binance ecosystem, with fractional shares available from $5.
➤ bStocks are tokenized securities on the BNB Chain, offering 24/7 trading and DeFi integration, enabling users to swap between direct stocks and tokenized versions to bypass traditional market hours.
➤ The integration aims to bridge crypto and traditional finance, allowing users to manage both asset classes from a single platform using USDC for purchases and receiving proceeds in USDC, with automatic conversion from other supported assets.

#Binance #bStocks #tokenized securities #ETFs #fractional shares #USDC #BNB Chain #DeFi

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