Crypto
Cryptocurrency, blockchain, and digital asset news.
SecondFi to wind down after $2.6M ADA theft linked to wallet flaw
SecondFi will wind down after a $2.6 million ADA theft, while users still await recovery tools that were initially expected within weeks of the exploit.
Galaxy pledges $5M for developers quantum-proofing Bitcoin
Galaxy pledged up to $5 million in grants for developers working on Bitcoin’s quantum security and elected a council of quantum-advisory experts to research quantum-resistant migration solutions.
Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
An attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the difference in a single transaction.
Live updates: Bitcoin under $66,000 as traders await Alphabet earnings to gauge AI trade
A two-day chip rebound stalled ahead of Alphabet's earnings in a sign of whether the hundreds of billions going into AI is paying off. Bitcoin has tracked that trade all month.
Bitcoin ETFs extend inflow streak to six days with $203M added
US spot Bitcoin ETFs extended their inflow streak to six sessions, bringing in about $930 million while remaining down $4.84 billion on a net basis year to date.
AI models escaped OpenAI’s sandbox and hit Hugging Face. Crypto is where that gets dangerous
OpenAI said the systems had their cyber guardrails lowered for an internal benchmark, but the incident shows how autonomous exploit chains could pose a deeper threat to smart contracts, where losses a
Bitcoin holds near $66,300 as chips extend their rally and the yen hits a 40-year low
Semiconductor stocks led a second day of gains on AI optimism, while the yen slid past 163 per dollar for the first time since 1986.
Balance Coin crashes 99% after reported $915K exploit
Blockchain security firms linked the collapse to a suspected attack on 42DAO, the decentralized organization that governs the Balance Protocol ecosystem.
OpenAI says AI models escaped containment to hack Hugging Face
OpenAI called it an “unprecedented cyber incident” after its AI models broke out of their sandbox to hack an AI startup during a security evaluation.
Balaji’s Network School turns to Kazakhstan amid Malaysia setback
The agreement gives Balaji Srinivasan’s tech community a potential new base as Malaysian authorities clamp down on the Network School over alleged licensing breaches.
Crypto lobby group TDC sues Illinois to block digital asset tax
Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year.
CLARITY Act could help CFTC deal with prediction markets: Lawyer
According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive growth of prediction markets.”
Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal
The White House has circulated some details of the conflict-of-interest limits the president agreed to with Republican negotiators, but talks are still underway.
Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil
The blockchain developer will continue operating under court supervision as it restructures following a market-making scandal, a co-founder’s suspension, and exchange delistings that rocked the projec
Ether breaks the $1.9K resistance; is $2.1K the next target for ETH bulls?
Ether’s rally faces onchain headwinds, but rising staking demand and Google earnings could spark the push toward $2,100.
Bitcoin rally faces key test at $68,000 as 'summer slumber' grips crypto, analysts say
BTC has rebounded 15% from the July lows, but some analysts cautioned that the next move hinges on clearing a level where many recent buyers may look to sell.
Pakistan steps up crypto enforcement with dedicated federal unit
A senior official with Pakistan’s Federal Investigation Agency reportedly recommended other agencies establish similar units to address crypto-related crime.
Pavel Durov says Telegram to roll out native Gram crypto wallet
Telegram founder Pavel Durov said the messaging platform will roll out a native non-custodial Gram wallet this summer, bringing self-custody crypto transactions to its more than 1 billion users.