The Nervos Network itself has yet to issue a formal statement, only reposting Magickbase’s alert. Meanwhile, users and observers are raising concerns about the broader implications of such breaches.
Alpaca Finance launched in early 2021 as a leveraged yield farming platform on BNB Chain. With no venture capital backing and no pre-mine, it quickly captured the attention of DeFi users seeking amplified yield in a fast-growing ecosystem.
Aptos now becomes one of several chains where USDC is minted natively, sitting alongside larger ecosystems such as Ethereum and Solana. Native issuance means the stablecoin is created directly on the network’s ledger, rather than bridged from another chain, removing a layer of smart-contract risk for users.
Despite Dimon’s personal stance, the announcement reflects growing institutional demand for Bitcoin, especially in the wake of the asset’s growing legitimacy and adoption among asset managers, corporates, and retail investors.
Over the last six months, Bullish and Gibraltar’s financial authorities have worked together to craft a regulatory framework that adapts traditional finance (TradFi) clearing regulations, such as those enforced under EMIR and Dodd-Frank, to the crypto ecosystem.
