Brazil is advancing new rules that would sharply restrict algorithmic stablecoins and reshape how the country regulates cryptocurrencies tied to fiat money. A congressional committee has backed legislation that sets strict backing, transparency, and criminal liability standards for issuers, while…
Bithumb To Fund $9 Million Loss and 10% User Compensation?
South Korean cryptocurrency exchange bithumb is under scrutiny after a major payout mistake during a promotional event led to tens of billions of Korean won being sent in Bitcoin instead of small cash rewards. The company has pledged to absorb $9…
How did $24.9 million vanish from U.S. Marshals Service wallets?
In early 2024, a hacker drained roughly $24.9 million in cryptocurrency from wallets overseen by the U.S. Marshals Service, prompting scrutiny of how the agency manages digital assets. The breach, which targeted government-controlled wallets linked to a newly created federal bitcoin…
Did Bithumb glitch push Bitcoin to $55k on its exchange?
South Korean cryptocurrency exchange Bithumb reported that a system malfunction during a promotional payout on Friday caused an unintended allocation of Bitcoin to some customers, briefly sending prices on its platform sharply lower. The company said the incident stemmed from a configuration error…
Is China banning all yuan stablecoins and offshore tokens?
China moved on Friday to reinforce its long-standing opposition to private digital currencies, unveiling new measures aimed at tightening control over virtual assets and yuan-linked stablecoins. The latest announcement, published on the central bank’s website, reiterates that cryptocurrency-related business remains…
Can a 14% weekly drop in Bitcoin reset expectations for 2025?
Bitcoin climbed back above $65,000 on Friday, recovering part of its recent losses as the rout in global technology shares appeared to ease. The move came at the end of a bruising week for cryptocurrencies, which have been under sustained pressure…
Did Step Finance Treasury Wallets Hack Trigger $30M SOL Loss?
Step Finance treasury wallets were at the center of a major security incident during Asian Pacific trading hours, as the Solana-based DeFi platform confirmed a sophisticated attacker drained a substantial portion of its on-chain holdings. Around 261,854 SOL, valued at…
Does Coinbase face $100 million risk from Nevada regulators?
A Nevada judge has declined a request from state regulators for an emergency order to immediately shut down a new prediction market product offered by Coinbase, giving the exchange more time to argue that its listings fall under federal, not…
Does Congress see risk in the $500 million UAE crypto stake?
A new dispute in Washington is drawing attention to how foreign money interacts with politically connected crypto ventures, with Congress now examining a $500 million investment tied to a member of the United Arab Emirates royal family. The funding, directed…
Could CME group tokenization handle $13 billion and 92% growth
CME Group signaled a deeper push into digital assets during its fourth-quarter earnings call, outlining plans that include a potential proprietary coin and a move to continuous trading for its crypto derivatives. The derivatives giant, which operates the world’s largest…
Step Finance Hack: $40M Stolen, Platform Shuts Down Permanently
Step Finance Hack: $40M Stolen, Platform Shuts Down Permanently ⚡ Key Highlights Step Finance confirmed…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on…
