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Loopscale halts operations after 30,000 daily malicious API requests

Solana-based lending protocol Loopscale has temporarily suspended operations after a week-long campaign of malicious requests targeting its SOL and USDC vaults, although the team says user deposits remain safe. In a November 5 statement, Loopscale said its security systems detected…

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USDC pays for gas on Arc. How much demand comes from payments?

USDC transfers rose 49% in the third quarter, while average circulation rose 8%. Circle’s Arc gives payment firms a place to pay network fees and settle transfers in USDC, but the amount they need to hold will depend on how…

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Binance revokes SignalPlus API keys after potential security issue

Binance has revoked all API keys connected to third-party trading platform SignalPlus after the company reported a potential security issue, prompting founder Changpeng Zhao to warn traders using the service on other exchanges to take similar precautions. According to a…

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Bitget launches Open Custody Network for trading without exchange custody

Bitget has launched its Open Custody Network (OCN), allowing eligible users to trade cryptocurrencies across its spot, margin, and futures markets while keeping their underlying assets with independent banks and institutional custodians. According to the company’s November 5 announcement, the…