SoFi Launches SOFIE Tokenized Deposit With 4.4% APY

Article The Defiant Team

Members can convert the deposit into SoFiUSD at a 1:1 rate, but deposit interest and FDIC coverage do not follow the money into the stablecoin.

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What Is a Crypto ‘Wrench Attack’?

The name comes from an XKCD comic about a $5 wrench. Hardware wallets isolate keys, while multisig divides signing authority—but neither automatically prevents coerced transfers.