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DEFI

Kelp DAO Recovery Hopes Fade as Hacker Launders About $220 Million

The hacker behind the $293 million Kelp DAO exploit has laundered nearly all of the unfrozen stolen funds, or about $220 million, in just six weeks, according to Arkham data and onchain analysts.The Kelp DAO hacker-tagged wallet appears to…
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Senator Lummis Warns China Will Overtake the US in Crypto if CLARITY Bill Stalls

The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to Wyoming Senator…
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ERC-7943 Author Says Institutions Can’t Play Defi’s ‘Pirate Game’

For years, crypto has thrived on speculative capital flows and the explosive popularity of decentralized finance (DeFi) tokens and applications.That still holds true for rising sectors such as perpetual decentralized exchanges and…
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‘Extraordinarily Unusual’ for CFTC to Reverse Gemini Settlement Deal: Ex-chair

A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency company Gemini.In a Wednesday motion filed in the US District Court for the…
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Trezor Launches USDC, USDT Yield in Trezor Suite Through Morpho

Trezor has integrated native stablecoin yield functionality into Trezor Suite, the hardware wallet provider’s desktop and mobile application, in a move that could make earning yield on stablecoins more accessible to users who have…
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AI Coding Agents Have Made All DeFi Unsafe, Security Expert Says

Critics quickly pushed back, arguing that most recent crypto hacks were caused by operational failures instead. Manuel Aráoz, co-founder of smart contract security firm…
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Trump Defends CFTC Jurisdiction Over Prediction Markets

US President Donald Trump has backed the Commodity Futures Trading Commission as having the “exclusive authority” over prediction markets, as state regulators' action against the platforms mounts.“It is critically important that the CFTC’s…
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Crypto PAC Spending Surges in Texas Runoffs, as Prediction Markets Favor Challengers

Two Texas Congressional candidates supported by millions of dollars in spending from interest groups aligned with the cryptocurrency industry are headed for runoffs this week in races for the US Senate and House of Representatives.On…
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SEC Halts Innovation Exemption For Tokenized Stocks

The US Securities and Exchange Commission has reportedly postponed its plan to allow trading of tokenized stocks after stock exchange officials raised concerns over how the plan would be implemented.Bloomberg reported on Friday, citing…
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New Fed Chair Kevin Warsh Will Cut Interest Rates: Analyst

Kevin Warsh, who was sworn in as the chairman of the United States Federal Reserve on Friday, will likely slash interest rates, despite the “consensus” view that he will raise interest rates, according to author, Bitcoin investor and market…
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