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DEFI
Crypto Industry Looks to Stablecoin and DeFi Revisions in MiCA 2.0
In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment period will precede eventual revisions and additions to the Markets in Crypto Assets…
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MEV Bot Jaredfromsubway.eth Exploited For $7.5M
One of the most successful MEV bots in crypto, Jaredfromsubway.eth, has been drained for more than $7.5 million, with an attacker exploiting the bot’s automated systems, the same ones that have netted it hundreds of millions over the years.…
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Crypto Kidnappers Plead Guilty in $8M Minnesota Robbery
Two brothers accused of kidnapping a Minnesota family at gunpoint last year to steal $8 million in cryptocurrency pleaded guilty in connection with the armed robbery. Isiah Angelo Garcia and Raymond Christian Garcia, on Thursday, entered…
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Second $2.1M Exploit Hits Aztec in Less Than a Week: SlowMist
Deprecated Aztec infrastructure has suffered a second exploit within days, adding to concerns about the security of abandoned smart contract infrastructure.Aztec’s private rollup bridge was exploited on Thursday for 1,158 Ether (ETH),…
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Kentucky Sues Prediction Markets Over Sports Event Contracts
Kentucky has sued five prediction market platforms, including Kalshi and Polymarket, adding to a wave of US states launching legal fights with prediction markets over sports event contracts.State Attorney General Russell Coleman said in a…
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Congress Reaches Deal on Housing Bill With CBDC Ban
The US House and Senate have reached a deal to move forward with a housing bill that includes a ban on the Federal Reserve creating a central bank digital currency (CBDC) until 2030.A bipartisan group of House and Senate leaders released an…
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US Government Watchdog Urges FDIC Address Crypto Oversight
The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies to address risks from blockchain technology.GAO made a June 8 letter to FDIC Chairman…
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Morpho’s $175M DeFi Round Tests Onchain Credit’s Future
Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs' latest funding round drawing attention to onchain credit markets, according to Spark CEO Sam…
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Polish President Vetoes Crypto Bill for Third Time ahead of MiCA Deadline
Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe's Markets in Crypto Assets Regulation (MiCA) in the country.Nawrocki said Thursday he supports regulating the…
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Autonomous AI Agents Pose Crypto Financial Risks
Artificial intelligence agents that have autonomous access to crypto wallets could become unstoppable if deployed maliciously or if they escape from sandboxes, experts from a leading academic research consortium warned.“Unstoppable…
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