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White House pushes banks and crypto to agree on stablecoin yields before March
Updated on February 3, 2026, the White House brought together crypto firms and Wall Street banks to negotiate whether stablecoins should carry yields, with an objective to reach a deal before the beginning of March, according to people familiar with the private talks. Banking groups said they are prepared to collaborate, while industry advocate Cody Carbone described the meeting as meaningful progress despite no immediate agreement.
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CrossCurve cross-chain bridge exploit leads to $3 million loss and 10% bounty offer
On February 2 2026, CrossCurve disclosed that its cross-chain bridge smart contracts had been exploited, causing about $3 million in losses across several blockchain networks. A message verification flaw reportedly enabled attackers to spoof cross-chain messages and unlock tokens without proper authorization. The project has urged users to stop interacting with its contracts and its CEO has offered a bounty of up to 10% if the stolen funds are returned within 72 hours.
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