Stablecoins and Public Ledgers Flawed, Report Says
The Bank for International Settlements (BIS) warned that the rapid expansion of stablecoins risks fragmenting the global monetary system and weakening sovereign monetary control, urging central banks and the financial industry to accelerate…
Polymarket Third-Party Vendor Compromise Drains $2.9M from Users
A third-party vendor compromise discovered Thursday allowed attackers to inject a malicious script into Polymarket's frontend, affecting multiple users.Blockchain analyst Specter said the malicious script appeared to facilitate a phishing…
Bitcoin Trader Says ‘It’s 2022 Again’ As RSI Offers A Classic Bull Signal
Bitcoin (BTC) continued its battle to reclaim $60,000 into the weekend as chart cues fueled hopes of a recovery. Key points:Bitcoin RSI signals spark comparisons to the end of the 2022 bear market as a bullish divergence filters…
Ethereum Whales Sell After 8 Years, Secure $27M Profit
TLDR
Four dormant Ethereum wallets were reactivated after nearly eight years of inactivity.
The wallets originally received 37,602 ETH in 2018 at about $830 per coin.
They sold 33,623 ETH within four hours at an average price…
Can BTC whales save Bitcoin after $4.06B ETF outflows?
Institutional demand for Bitcoin is showing fresh signs of weakening, removing one of the market’s strongest sources of structural spot buying.
The U.S. Spot Bitcoin and Ethereum ETFs are experiencing their seventh consecutive day of Net…
EU Lawmakers Back Review of DeFi, Staking and NFT Regulation
The European Parliament's economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated.The…
SecondFi Recovery Targets Two Weeks After $2.4M Cardano Wallet Exploit
Cardano wallet SecondFi has identified a recovery path for users affected by Tuesday's exploit and expects to begin returning assets in about two weeks, following testing and security reviews.According to a Saturday statement by Phillip…
ESMA Tells Unauthorized Crypto Firms to Wind Down as MiCA Deadline Hits in 3 Days
Key TakeawaysEuropean regulators require unauthorized crypto firms to halt new customer onboarding and prepare orderly market exits.Clients should confirm providers appear in the ESMA Register or transfer assets to authorized…
Old ETH Wallet Selling Tests Whale Conviction at $1.5K
Eight-year-old Ether (ETH) wallets have started moving coins for the first time since 2017, adding fresh supply to the market as Ether trades just above $1,500. Onchain data shows 37,806 ETH from long-dormant addresses became active, while…
Key Dogecoin Indicator Flashes a Buy Signal After DOGE Sank to a 3-Year Low
Martinez warned that bulls need to hold the $0.073 level, or the setup becomes invalid.
The OG meme coin has been in sharp decline over the past several months,…