Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

Today in crypto, World Liberty’s stablecoin supply fell by over $400 million in two weeks, layer-1 blockchain Qubic halted its network after an attacker exploited weak wallet seeds to steal roughly $1.4 million from more than 1,400 accounts and Tether joined a funding round for enterprise AI agent infrastructure startup AIsa.

World Liberty Financial’s USD1 stablecoin has shed over $400 million in market capitalization over the past two weeks, driven by large redemptions on Ethereum and BNB Chain. 

On Monday, CoinGecko data showed USD1’s market capitalization at about $4.02 billion, down from $4.43 billion on Oct. 6. That’s a decline of approximately $401 million, or 9.1%. World Liberty Financial’s proof-of-reserves dashboard separately showed approximately $4.01 billion in reserves.

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