English < Article List - DigitalToday

Search results for Monad

Crypto

MetaMask launches mUSD-linked money account with card payments

MetaMask has launched a Money Account that lets users deposit its stablecoin mUSD and earn up to 4 percent variable annual yield, while enabling spending by card when needed. The product is tied to DeFi lending strategies rather than interest paid by the issuer, MetaMask said. The service will roll out globally but excludes the UK, EU member states and sanctioned regions. Card payments are available only on the Monad blockchain.

Crypto

Andreessen Horowitz opens Seoul office to support portfolio companies\' expansion into Korea

Silicon Valley venture capital firm Andreessen Horowitz (a16z) has officially opened an office in Seoul to support its portfolio companies\' entry into the Korean and broader Asian markets. The firm, which manages about $100 billion in assets, said it will use its global network to support market expansion and growth. The Seoul office will initially focus on crypto, with plans to widen its activities over time.

Crypto

Bitcoin DeFi protocol Echo hacked after admin key stolen

Bitcoin-focused DeFi protocol Echo was hacked on May 18, after an attacker stole a service administrator key used on the Monad chain. Onchain Lens said the attacker minted 1,000 eBTC tokens, pledged 45 eBTC on DeFi lending protocol Convergence and borrowed about 11.29 WBTC, then bridged it to Ethereum, swapped to ether and moved 385 ETH to Tornado Cash. Echo said it recovered the key and burned 955 eBTC.