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DEFI

EU Lawmakers Back Review of DeFi, Staking and NFT Regulation

The European Parliament's economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated.The…
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MemeCore Crashes 76% as MIM Breaks Peg to $0.50

Critics had questioned how MemeCore maintained a multi-billion dollar valuation despite insiders allegedly controlling 90% of supply. It’s been a difficult 24 hours for…
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South Korean Authorities Fine Bithumb $136K over Sharing User Information Overseas

South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when it sent user data overseas.In a Thursday notice, the country's Personal…
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Emergency Action as Magic Internet Money (MIM) Depegs 50%

Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg. “We’re acutely aware of the MIM depeg and are…
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OpenPayd Secures MiCA License for Crypto Services in Europe

Financial infrastructure provider OpenPayd said Wednesday that it has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto services across the European Economic Area (EEA)…
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Q2 2026 Emerges as Most-Hacked Quarter on Record with 83 Incidents

The second quarter of 2026 has already become the most-hacked quarter on record by incident count, with 83 exploits targeting cryptocurrency protocols, according to analysis by market insights platform Unfolded based on DefiLlama…
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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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