BNB Chain announced that a new stablecoin is set to launch on the network, aiming to unify liquidity across a wide range of use cases and support large-scale adoption. Separately, community members observed that CZ has recently followed a stablecoin project called U. #bnb # https://x.com/BNBCHAINZH/status/2000934183091495370?s=20
OKX said in a public statement about the MANTRA (OM) incident that it uncovered multiple linked accounts working together to pledge large amounts of OM as collateral in order to borrow USDT, artificially inflating the token’s price. The resulting significant losses were fully absorbed by OKX’s insurance fund. The exchange added that it has provided relevant evidence to regulators and law enforcement, and that several legal cases are currently in progress.