Stripe acquires stablecoin platform Bridge for $1.1 billion

Stripe has closed a $1.1 billion acquisition of stablecoin firm Bridge The company re-established support for crypto payments in April, adding USDC on Ethereum, Solana, and Polygon in October 2024 Stripe has completed the acquisition of Bridge, a stablecoin platform that helps companies and businesses accept payments in stablecoins. According to TechCrunch founder Michael Arrington, […]

Binance and Huobi recover 121 BTC from Harmony bridge hackers

The Harmony bridge hack took place in June last year and over $100 million was lost 121 bitcoins have been recovered by Huobi and Binance security teams. The hackers were also moving ETH worth about $64 million over the weekend. Seven months after one of the largest cryptocurrency exploits of 2022 took place, industry players […]