Cryptocurrency

Mirae Asset to take 92% control of Korbit in Korea deal

South Korea’s Mirae Asset financial group is moving to take control of Korbit, one of the country’s five major cryptocurrency exchanges, in a deal that underlines the growing overlap between traditional finance and digital asset platforms. The planned acquisition comes as lawmakers…

Cryptocurrency

Is Robinhood chain ready for developers on Ethereum L2 now?

Robinhood is opening its new Ethereum layer-2 network to outside developers, marking a notable step in the company’s broader push into decentralized finance. Alongside that move, the brokerage has launched a public testnet for Robinhood Chain, giving developers a chance to trial applications…

Cryptocurrency

Did signature phishing rise 207% as January losses hit $6M?

Blockchain security firm Scam Sniffer has reported a sharp resurgence in signature phishing, warning that attackers drained $6.27 million from 4,700 wallets in January alone. The figure represents a 207% jump in losses compared with December, and stands out against…

Cryptocurrency

Will crypto ETP flows stabilize after $187 million weekly exit?

Crypto ETP markets are showing signs of stabilizing after weeks of heavy selling, as outflows slowed while trading activity reached new highs. Data from CoinShares and other industry trackers indicate that investors continued to pull money from crypto exchange-traded products, but…

Cryptocurrency

Is Jack Dorsey’s Block cutting 10% staff after $5B buyback?

Block Inc., the fintech company led by jack dorsey and known for Cash App, Square and Afterpay, is preparing another round of job reductions as part of a wider restructuring. The planned cuts, which could affect as much as 10%…

Cryptocurrency

How did teen crypto theft suspects chase $66 million across states?

A recent violent home invasion in Arizona highlights how crypto theft is moving from online exploits to physical attacks. Two high school students from California now face felony charges after allegedly traveling hundreds of miles to target a Scottsdale family they believed…

Cryptocurrency

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…

Cryptocurrency

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…

Cryptocurrency

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…

Cryptocurrency

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…