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Ex-CFTC Chair Massad Urges Senate to Reject Rigid Crypto Rules

Two former U.S. regulators have been calling for joint oversight of crypto platforms by major financial agencies.Efforts include proposals for a self-regulatory organization (SRO)...

GMX Hacked for $42M, Circle Criticized for Slow USDC Freeze

GMX, a decentralized finance (DeFi) platform, suffered a $42 million hack linked to a software vulnerability. The Hacker quickly moved and exchanged stolen funds, making...

Senators Target Crypto Bill Loopholes, Warn of President Abuse

Senators from both parties raised concerns about a proposed crypto market structure bill in a Senate Banking Committee hearing. Lawmakers questioned whether the crypto industry...

GMX Exploited for $42M; Trading Halted as Investigation Ongoing

GMX, a decentralized crypto futures exchange, was hacked for $42 million. The attack targeted the protocol’s first version on the Arbitrum blockchain. All trading and key...

Ripple Picks BNY Mellon to Custody RLUSD as Cap Hits $500 Million

Ripple has chosen Bank of New York Mellon (BNY Mellon) as the primary custodian for its RLUSD stablecoin.RLUSD reached a market capitalization of $500...

Crypto Traders Mull Lawsuit After $242M Polymarket Suit Controversy

Crypto traders plan legal action against Polymarket over the resolution of a $242 million betting market. The market on whether Volodymyr Zelenskyy would wear a...

Remixpoint Raises $215M to Expand Bitcoin Treasury Holdings

Remixpoint raised $215 million in funding to grow its Bitcoin holdings. The company will use all new funds to buy more Bitcoin, aiming for a...

U.S. Sanctions North Korean Hacker for Remote IT Worker Scheme

The U.S. Treasury sanctioned a North Korean national linked to a fraudulent remote IT worker scheme.Sanctions target individuals and companies from North Korea and...

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Bitcoin Targets $80K As Data Signals Strong Buy Pressure

Bitcoin's price rebounded 2.52% to above $78,800 on Friday, holding support at its 100-day exponential moving average and signaling...

Google AppSheet Phishing Wave Hits 30K Facebook Accounts

Vietnamese threat actors used Google AppSheet as a phishing relay to compromise roughly 30,000 Facebook accounts.The campaign, codenamed AccountDumpling,...

Trump to hike EU auto tariffs to 25% from next week

Former US President Donald Trump announced via social media that tariffs on European Union cars and trucks will rise...

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