usb

According to market news, Boundary Labs, a stablecoin startup led by Galaxy Ventures under Galaxy Digital, announced that it is preparing to launch an institutional stablecoin USBD and has completed a $2 million seed pre-financing.It was introduced that this round of financing also attracted participation from institutions such as First Block Capital and BlackWood. Boundary Labs was founded by former Deutsche Bank and Digital Currency Group executive Matthew Mezger. USBD will be deployed on the Ethereum network, focusing on the concept of "verifiable stablecoins," attempting to reduce the reliance of traditional stablecoins on off-chain audits and trust mechanisms through continuous on-chain verification of reserves, net asset value (NAV), and protocol operational status.The project team stated that USBD is designed with over-collateralization and hedging strategies to reduce market volatility risks and shift the stablecoin infrastructure from a "trust-driven" model to a "verifiable financial system." Additionally, Boundary plans to launch a staking token sUSBD for distributing protocol earnings under a delta-neutral DeFi strategy, but USBD itself does not provide yield functionality.The team indicated that the protocol is primarily aimed at asset management institutions, hedge funds, and family offices, and plans to officially launch the mainnet in early summer 2026.

According to Bloomberg, a man has accused his ex-wife of stealing over 2,323 bitcoins from his wallet and transferring them to an inaccessible location after their divorce, with the assets involved valued at up to £180 million (approximately $238 million). The plaintiff, Ping Fai Yuen, has filed a lawsuit against his ex-wife Fun Yung Li in a London court.According to the ruling documents from the London court, the valuation of the bitcoins involved in the case has reached a maximum of £180 million since the lawsuit was initiated.

Slow Fog CISO 23pds (Shan Ge) posted on the X platform, stating that Taobao and Xianyu have U-disk versions of OpenClaw, claiming that users can plug and play after purchasing and configuring the model. However, OpenClaw has excessive permissions, and ordinary users find it difficult to identify malicious Skills, which can easily lead to asset loss.

According to Decrypt, three masked men broke into a house in Manosque, France, tied up a woman at gunpoint, and stole a USB drive containing cryptocurrency. The victim was not injured; she managed to free herself and call the police within a few minutes. The case has been filed for investigation and is being handled by the local criminal investigation department and the regional branch of the national police.

On Monday night, three masked men broke into a residence in Manosque, France, threatening a woman with a gun and stealing a USB drive containing her partner's cryptocurrency data. According to the French newspaper Le Parisien, the incident occurred at a home on Cherry Path in the Alpes-de-Haute-Provence region.The attackers threatened the victim with a handgun and slapped her before fleeing the scene with the USB drive. It is reported that the victim was unharmed and managed to escape and call the police within minutes. Local police have opened an investigation, and the case has been handed over to the local criminal investigation department and the national police regional headquarters. Last year, security company Casa's Chief Technology Officer Jameson Lopp recorded over 70 violent attacks related to cryptocurrency in its public database, with France becoming a hotspot for such violent crimes in Europe, with more than 14 related cases.Cybercrime consultant David Sehyeon told Decrypt, "The baseline level of criminal activity in France is relatively high, and the cryptocurrency wealth held by entrepreneurs, traders, and public figures is quite visible. Coupled with the growth of local expertise in digital assets, these factors together create a breeding ground for more speculative and organized cryptocurrency-related crime."

ChainCatcher news, according to GlobeNewswire, publicly traded company Know Labs, Inc. has officially changed its name to USBC, Inc. (NYSE American: USBC) and has adopted the new stock ticker "USBC." This name change stems from the $125 million strategic acquisition completed by Goldeneye 1995 LLC on August 6, led by the newly appointed Chairman and CEO Greg Kidd.Kidd stated that the name change signifies the company's focus on the development of the USBC deposit token. This dollar stablecoin is based on blockchain technology, integrates digital identity features, and offers high-yield rewards. Notably, USBC has adopted a Bitcoin treasury strategy to support its diverse business developments in fintech and health monitoring.The company emphasizes that existing shareholders do not need to take any action, and the CUSIP number remains unchanged. This transformation comes at a time of changing global regulatory environments, with USBC specifically mentioning the risks of Bitcoin price volatility on its balance sheet in its financial reports.

ChainCatcher news, "Jeon Ji-hyun's husband lost 15 billion (KRW) in cryptocurrency trading" has topped Weibo's trending searches.According to Korean media reports, South Korean star Jeon Ji-hyun's husband, Choi Joon-hyuk, who serves as CEO of Alpha Asset Management, heavily invested in Wemade stocks, totaling 35 billion KRW. As of June 2, the stock price has significantly dropped, resulting in a paper loss of approximately 15.8 billion KRW (about 11.66 million USD).

ChainCatcher news, McAfee widow Janice Elizabeth McAfee forwarded information about the meme coin Ainti, stating that this is an initiative to commemorate her husband's genius image and continue his legacy. The new project will integrate McAfee's core principles of freedom, privacy, and technology, combining cryptocurrency with AI technology.Previously, blockchain security company Shield confirmed that the late tech entrepreneur John McAfee's X account was not hacked. The account had previously posted promotional information about the Ainti token, which currently has a market value of $28.7 million.

ChainCatcher news, on-chain marketplace and white-label solution provider BonusBlock announced the completion of a $2.3 million financing round. Investors in this round include Laser Digital (Nomura Group), iAngels, Cogitent Ventures, NewTribe Capital, Faculty Group, Kyros, ZBS Capital, Rarestone, LVT Capital, as well as Axelar co-founder Georgios Vlachos, Beoble's Sung, IvanOnTech, AshCrypto, BrianDEvans, Icedknife, StackerSatoshi, Coachkcrypto, and others.

ChainCatcher news, Bitcoin mining companies Hut 8 Mining Corp. and US Bitcoin Corp (USBTC) have completed a merger through an all-stock equal merger, establishing a new entity registered in the United States, named Hut 8 Corp (New Hut).After the merger, Hut 8 common shares will be delisted from the Toronto Stock Exchange and NASDAQ on or before December 4. New Hut common shares will replace them, with the stock code "HUT". During the delisting and relisting process, Hut 8 shareholders will receive 0.2 shares of New Hut common stock for each share of Hut 8 common stock they hold. USBTC shareholders will receive 0.6716 shares of New Hut common stock for each share of USBTC equity they hold.

ChainCatcher news, Hut 8 Mining and USBTC merger has been approved by the Supreme Court of British Columbia. Hut 8 and USBTC will merge through an all-stock equal merger, and the merged company will be named Hut 8 Corp. ("New Hut") and will become a registered entity in the United States.Hut 8 expects the transaction to be finalized in the fourth quarter, after which the new company plans to list on NASDAQ and the Toronto Stock Exchange, pending approval.

ChainCatcher news, American mining company US. Bitcoin Corp (USBTC) has signed a multi-year agreement to host 150,000 Bitcoin mining machines with several companies, including Marathon Digital Holdings. (CoinDesk)

ChainCatcher news, payment company Stabolut announced the launch of a decentralized, dollar-pegged, Bitcoin-backed stablecoin ------ USB. Stabolut co-founder and CEO Eneko Knorr believes that Stabolut is setting a new industry-leading standard for transferring financial value on the internet and cryptocurrency markets through USB.Stabolut co-founder and CTO Julian Beltran stated, "Given the collapse of UST and the instability caused by the decoupling of USDC after the recent bank failures we have seen this year, there is a clear market demand from users for reliable stablecoins. With USB, Stabolut aims to usher in a new era of global exchange that is transparent, privacy-protecting, fast, inexpensive, and interoperable." (source link)