Polkadot Community Backs Proposal for DOT-Backed Algorithmic Stablecoin pUSD

Polkadot pUSD stablecoin has progressed to a governance referendum using the Honzon approach on Asset Hub, prompting scrutiny over Acala’s legacy, and fit within Gavin Wood’s broader vision for DOT-collateralized and “stable-ish” instruments on the network.
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Turkey to Give Authorities Power to Freeze Crypto Accounts in New AML Rules

Turkey is set to grant its financial crime authority, Masak, the power to freeze and limit access to crypto accounts as part of efforts to combat money laundering following anti-money laundering standards established by the Financial Action Task Force (FATF).
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Jack Dorsey’s Bitchat Explodes in Madagascar as Protesters Ditch Government-Controlled Comms

Jack Dorsey’s decentralized messaging app Bitchat experienced a massive surge in downloads in Madagascar during violent protests over water and electricity shortages that forced authorities to impose dusk-to-dawn curfews across the capital.
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Hyperliquid’s HyperDrive DeFi Loses $773K in Account Compromise, Funds Bridged to BNB Chain and Ethereum

HyperDrive DeFi protocol suffered a $773,000 exploit affecting two accounts in its Treasury Bill market with stolen funds split between BNB Chain and Ethereum networks through bridge transfers, as the attacker exploited an arbitrary call vulnerability in the router contract stealing 672,934 USDT0 and 110,244 thBILL tokens.
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