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SEC Says Some Crypto Enforcement Cases Lacked Investor Benefit
Some past enforcement actions against cryptocurrency companies lacked clear investor benefit and misinterpreted federal securities laws, the US Securities and Exchange Commission (SEC) said on Tuesday. Since the 2022 fiscal year, the SEC…
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Polymarket Grabs 97% of Onchain Prediction Market Fees After Overhaul
Polymarket has become one of decentralized finance’s most profitable protocols after a pricing overhaul, generating about $7.1 million in fees in the first week of the second quarter, according to new data.That pace implies an annualized…
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Bitcoin Reclaims $72K After Trump Announces Iran Ceasefire
Iran's Supreme National Security Council on Wednesday accepted a two-week ceasefire in its war against the US, but emphasized this did not mean an end to the war.The price of Bitcoin pushed past $72,000 for the first time in 20 days after…
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Chaos Labs Leaves Aave Due to Budget, Risk Disagreements
Chaos Labs has parted ways with the Aave ecosystem after serving as the crypto lending protocol’s main risk service provider for three years, citing a budget dispute and disagreements over how Aave should manage risk.“This decision was not…
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Expert Says North Korean IT Workers Helped Build Top Protocols During DeFi Summer
North Korean developers weren't faking resumes, said Taylor Monahan, who went on to add that they were actively building prominent DeFi platforms and later enabled billions in crypto losses.…
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Nevada Judge Extends Kalshi Ban, Rules Event Contracts Unlicensed Gambling
A Nevada judge has reportedly extended a ban preventing Kalshi from offering event-based contracts in the state, ruling that the products constitute unlicensed gambling under state law.Judge Jason Woodbury said at a hearing in Carson City…
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Crypto Token Glut Is Diluting Value And Breaking Investor Returns
The rapid growth in the number of crypto tokens is outpacing the value they generate, creating an “existential” problem for the industry, according to Michael Ippolito, co-founder of Blockworks.In a series of posts on X, Ippolito noted that…
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Rwanda Warns Against Bybit FRW to Crypto Offering
The National Bank of Rwanda (NBR) has warned the public that crypto payments and trades using the local currency remain illegal in the country after Bybit added support for the Rwandan franc for its peer-to-peer platform on Friday. …
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Crypto Hackers Steal $168 Million from DeFi Protocols in Q1 2026
Crypto hackers stole over $168.6 million in cryptocurrency from 34 decentralized finance (DeFi) protocols in the first quarter of 2026, falling significantly from the same period last year, according to data from DefiLlama. The $40 million…
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Drift Seeks Contact With The Hacker After $280M Exploit
Drift Protocol, a Solana-based decentralized exchange (DEX), said Friday it had opened onchain contact with wallets tied to funds stolen in the exploit that outside firms have estimated at roughly $280 million to $286 million.Drift said on…
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