Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows

As AI-powered security tools become cheaper, faster and more widely available, researchers said they could reshape what the crypto industry considers reasonable due diligence before deploying code, potentially altering expectations for developers and institutions.

Andre Cronje, Michael Kong and David Richardson stepped down from the Sonic Labs board on Friday, while Matt Visser has been appointed as CEO, replacing Mitchell Demeter who resigned in February.

While revenue was up 92% from year-ago levels, the company forecasted a lower core gross margin next quarter.