🚨SHOCKING: Hong Kong's first licensed stablecoin failed a security review just two days after launching. Blockchain security firm BlockSec found a single key can mint, freeze, and force burn the HKD-pegged HKDAP, calling the contract "not production-ready." The token is issued by Anchorpoint, the Standard Chartered venture with HKT and Animoca Brands, with BlockSec saying its design breaks Hong Kong regulators' own rules.(Coin Bureau)