Why GENIUS could leave digital dollars vulnerable to sudden blockchain network ‘bank runs’
CryptoSlate1h agoUpdated 1h ago
Smart Read
A Federal Reserve staff paper shows how congestion and weak network effects can push holders toward redemptions or chain migration even with safe backing. The post Why GENIUS could leave digital dollars vulnerable to sudden blockchain network ‘bank runs’ appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories
CoinTelegraph
Kalshi US visits soar 1,500% as regulatory pressure mounts
Kalshi’s US web traffic climbed more than 1,500% in less than a year, while trading volume grew even faster and legal scrutiny of its sports contracts intensified.
Decrypt
OpenAI Agents Hack German Website to Share Rule-Breaking Tactics: Report
The activity began in May and remained undisclosed until Friday, a day after OpenAI launched Astra and U.S. lawmakers proposed restrictions on advanced AI.
Decrypt
Bitcoin Slides as Blowout Jobs Report Revives Fed Hike Odds
The Dow dropped 226 points and Bitcoin erased some of its gains after August payrolls tripled estimates, pushing September rate-hike odds to 58%.
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.