ZetaChain Dismissed Bug Report That Could Have Prevented $334K Exploit
The vulnerability that led to ZetaChain’s recent exploit had been flagged through its bug bounty program before the attack, but was dismissed as intended behavior.In a post-mortem published Wednesday, the team said the incident has prompted…
UAE’s Innovation City Launches Blockchain-Based IDs, Pushing Firms to Instant Checks
Key Takeaways: Innovation City launched an onchain identity system on May 4 to replace static PDF business licenses. IOPn’s OPN chain supports 10,000+ TPS to provide the machine-readable data required for Agentic AI. Within 2 years, 50% of…
Ethereum Foundation Offloads $23M in ETH to BitMine for Third Time in Two Months
The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…
Stablecoin Label Outdated as Crypto Evolves Into Global Financial Rails
Stablecoins, the name given to cryptocurrencies pegged to the price of a stable asset such as the US dollar or gold, have outgrown their label as they become part of the global financial system, said Robert Hackett, head of special projects…
THETA jumps 10% as whales step in – Why bulls are gaining control
Theta Network has picked up pace again, climbing 10% over the last 24 hours at press time, as buyers regain control of the short-term trend. The move adds to a broader recovery structure and suggests momentum is beginning to build with…
CFTC Gets Mixed Responses to Prediction Market Rulemaking
The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied to prediction markets, with some backing the regulator while others called for a tougher crackdown on the platforms.The CFTC’s request…
WLFI Token Price Drops 14% After Controversial Token Unlock Proposal Goes to Vote
The native token of Trump-family-linked World Liberty Financial dropped nearly 14% on Wednesday as a controversial governance proposal that would place over 62 billion WLFI tokens under new multiyear vesting schedules went to a community…
Riot Posts $167M in Q1 Revenue as Data Center Arm Pulls in $33M
Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining business,…
Ethereum Gas Limit to Triple After Glamsterdam Upgrade, Fees Could Stay Near Zero for Years
TLDR:
Ethereum’s gas limit will increase from 60 million to 200 million following the Glamsterdam upgrade.
L1 execution capacity will grow by more than 3x, with a further doubling expected shortly after.
ETH mainnet gas fees…
Bitcoin, Altcoins Breakout With Strength: Are New Highs Next?
Key points:Bitcoin will have to flip the $80,000 level into support to continue its up move to $84,000.Several major altcoins are finding buyers at lower levels, but they will have to overcome the overhead resistance to start a new up…