Crypto News

Stablecoin issuer Tether, the company behind USDt (USDT), said Thursday it will back a $150 million recovery program for the Drift Protocol decentralized exchange (DEX) following an exploit of the platform in April.The recovery plan for the…
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Circle Internet Group is facing a class action lawsuit led by a Drift Protocol investor claiming it failed to freeze funds stolen in a $280 million exploit of the protocol on April 1.The lawsuit was filed by Drift investor Joshua McCollum…
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The committee, led by Tether’s head of government affairs, reported spending $3 million on advertising through a company co-founded by Tether US CEO Bo Hines.The latest filing by the crypto-aligned political action committee (PAC) headed by…
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Ether looks poised to gain a price advantage over BTC as the ETH/BTC ratio soars to a 10-week high.The ETH/BTC ratio has climbed to a 10-week high, suggesting that Ether (ETH) is gaining momentum against Bitcoin (BTC) in the charts. Ether’s…
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Sponsored ContentSandwich attacks cost Ethereum users an estimated $60 million per year. Transactions broadcast to the public mempool are publicly visible before inclusion, which gives MEV bots the ability to affect the order of…
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Blockchain-based lender Figure Technology Solutions and Hastra, its onchain credit platform, are adding auto loans to their tokenized credit marketplace, broadening the real-world assets (RWAs) available to decentralized finance (DeFi)…
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The decentralized exchange aggregator said users should refrain from visiting its website after a frontend exploit.Decentralized exchange aggregator CoW Swap is calling on users to refrain from using its website after an unknown party…
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South Korea’s third-largest cryptocurrency exchange, Coinone, is facing a fine and a partial business suspension over anti-money laundering lapses, according to multiple local media reports.South Korea's Financial Intelligence Unit (FIU)…
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Key takeaways:Despite strong ETF inflows, Bitcoin remains tied to the S&P 500 and sensitive to global macroeconomic developments.Bitcoin futures premiums and miner selling suggest that the bear market persists despite Bitcoin trading…
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CoinShares revealed that renewed risk appetite drove $1.1 billion into digital asset investment products. Investment products tied to digital assets brought in $1.1…
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