Security
Firelight adds $30.5M of cover to Kraken USDC vault
Crypto Briefing·October 15, 2026·1 min read
Firelight added $30.5 million of cover to the Kraken USDC vault. This coverage enhances DeFi security, yet reliance on FXRP and consortium decisions introduces potential risks for depositors. The added cover aims to protect users, but the dependence on FXRP and consortium governance could create vulnerabilities that depositors should consider.
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