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ZKsync Faces Allegations After $5 Million Hack and Token Dump Raise Community Concerns

ZKsync recently faced a significant setback with a hack that compromised an admin account controlling $5 million in ZK tokens, leading to a sharp 16% price drop. In the wake Bitcoin.com

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Tether Invests in Fizen to Enhance Global Stablecoin Adoption and Self-Custody Solutions

Tether Holdings SA has announced a strategic investment in fintech firm Fizen Limited, aimed at enhancing global stablecoin adoption and self-custody solutions. This investment is part of Tether`s broader strategy to strengthen the utilization of stablecoins in digital payments. Fizen specializes in self-custodial wallets and allows users to make payments using stablecoins while enabling merchants to receive fiat currency without requiring additional infrastructure. The partnership is expected to facilitate multi-chain stablecoin transactions, thereby improving financial access for users. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io Bitcoin.com