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New York Sues Coinbase, Gemini Over Unlicensed Markets
New York's attorney general has filed lawsuits against crypto exchange operators Coinbase Financial Markets and Gemini Titan for allegedly violating state gambling laws, according to court records cited by Reuters.Copies of the complaints…
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Crypto Hacks Top $17B as Private Key Compromises Take Lead
Private key compromises are emerging as one of crypto’s costliest attack vectors, with hackers stealing more than $17 billion across 518 recorded incidents over the past decade, according to data platform DefiLlama.In data shared Tuesday,…
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US Admiral Touts Bitcoin a Tool For US Power Projection
A senior US military commander has lauded Bitcoin as a “valuable computer science tool,” arguing its usefulness extends beyond monetary applications and can support US national security interests.“It is a valuable computer science tool, as…
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Atkins First Year at SEC Breaks From The Past
Today in crypto, the SEC during Paul Atkins initial year on the job has made a break with the past, Michael Saylor’s Strategy bought 34,164 Bitcoin for $2.54 billion last week, marking its third-largest BTC purchase on record, and total…
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DeFi TVL Plummets Across Top Chains After KelpDAO Hack
Ethereum's Total Value Locked dropped nearly 11% in 24 hours while Bitcoin, Tron and BSC were not as badly affected.
The fallout from the $293 million KelpDAO exploit…
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Revolut Weighs Future IPO, Flexes India’s Beta Launch
Key Takeaways: Revolut CEO Nik Storonsky ends market rumors, delaying the bank’s IPO to 2028 to build public trust. Bypassing a 2026 IPO, Revolut might use private share sales to push its $75B valuation to $100B. Expanding globally, Paroma…
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Stablecoins Do Not Threaten Banking Just Yet: Analyst
The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world…
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Aave’s TVL Falls $8B After $293M Kelp DAO Hack
Total value locked on decentralized lending protocol Aave dropped by nearly $8 billion over the weekend after hackers behind the $293 million Kelp DAO exploit borrowed funds on Aave, leaving roughly $195 million in “bad debt” on the…
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Circle Launches USDC Bridge For Native Cross-Chain Transfers
Stablecoin issuer Circle has launched USDC Bridge, a new user interface built on top of the Cross-Chain Transfer Protocol (CCTP) that seeks to simplify native cross-chain transfers of the USDC stablecoin.On Friday, Circle’s USDC X account…
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AllUnity Expands EURAU Stablecoin Into Uniswap DeFi Liquidity Pools
AllUnity, a regulated European stablecoin issuer, is expanding its euro-pegged stablecoin, EURAU, across major decentralized exchanges (DEXs).The company announced Thursday that its EURAU stablecoin is entering liquidity pools across major…
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