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Democrats Promise to Oversee Reported DOJ Probe Into Binance
A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on the crypto exchange Binance.Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego…
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DeFi User Loses $50M in Crypto Swap Gone Wrong
A crypto user has lost millions during a crypto swap on the decentralized finance protocol Aave, with a Maximal Extractable Value, or MEV, bot also front-running the transaction to make almost $10 million.A recently funded wallet from…
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What Is Solana’s Alpenglow Upgrade? New Consensus Could Deliver 150ms Transaction Finality
Solana’s next major protocol overhaul is edging closer to reality, and developers say it could dramatically reduce transaction confirmation times while simplifying the network’s core mechanics. Solana’s Alpenglow Upgrade Targets…
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Babylon, Ledger Integration Expands Bitcoin Vault Access
Bitcoin staking infrastructure developer Babylon Labs has integrated with Ledger, a cryptocurrency hardware wallet maker, in a move that could make it easier for holders to put their Bitcoin (BTC) to work in financial applications without…
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Aave-Linked Capo Oracle Glitch Triggered $27 Million in Liquidations
A configuration error in a risk-oracle system used by crypto lending platform Aave triggered the liquidation of about $27 million in wrapped staked Ether (wstETH) positions, prompting the protocol to move to compensate affected users.In a…
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Wells Fargo Files Trademark for ‘WFUSD’ Crypto Services Platform
US banking giant Wells Fargo has filed a trademark application covering a wide range of cryptocurrency trading, payments and blockchain software services.A filing submitted to the US Patent and Trademark Office (USPTO) on Tuesday seeks…
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Crypto is Just Finance on Different Infrastructure: ASIC
Blockchain and crypto are technologies performing the same functions as existing financial infrastructure, so they shouldn’t be treated as separate asset classes when crafting legislation, according to the fintech chief of Australia’s…
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BTC Leads Recovery While Altcoin Indicators Hit Cycle Lows
Bitcoin’s (BTC) recent recovery above $71,000 suggests that the price bottom is officially in, and bullish momentum can be seen across the crypto market. TOTAL2, which tracks the market cap of all crypto assets excluding Bitcoin, has held…
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80% of Corporate Holders Now Underwater
Nearly 80% of corporate Bitcoin holders are sitting on unrealized losses as BTC trades well below the average treasury purchase price.
Around 80% of companies holding…
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$1.78M ‘Vibe-Coded’ Oracle Bug Puts AI-Coauthored Contracts Under Scrutiny
Moonwell, a decentralized finance (DeFi) lending protocol deployed on Base and Optimism, was exploited for about $1.78 million after a pricing oracle for Coinbase Wrapped Staked ETH (cbETH) returned a value of about $1.12 instead of $2,200,…
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