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Blockchain analytics firm Elliptic has flagged the $285 million Drift Protocol exploit as bearing multiple hallmarks of North Korea’s state-sponsored DPRK hacker group, according to a Thursday report. The incident represents the largest crypto hack of the year and signals an escalating campaign of large-scale digital asset theft linked to weapons program funding. Elliptic’s analysis…
Coinbase Chief Legal Officer Paul Grewal said lawmakers are “very close to a deal” on stablecoin yield provisions in the Clarity Act, the long-awaited crypto market structure bill that has stalled over banking sector concerns about deposit outflows to crypto platforms. Speaking on Fox Business, Grewal expressed confidence that negotiators would bridge the divide on…
Nishad Singh, the former head of engineering at FTX, will pay $3.7 million to resolve his case with the United States commodities regulator over his alleged role in the collapse of the crypto exchange and the misappropriation of user funds. The US Commodity Futures Trading Commission announced on Wednesday that Singh agreed to a supplemental…
Wall Street asset management giant Franklin Templeton is establishing a dedicated cryptocurrency division, signaling a major expansion of its digital assets business through the planned acquisition of crypto investment firm 250 Digital. The new unit, called Franklin Crypto, will consolidate cryptocurrency strategies and target institutional investors seeking active digital asset exposure beyond traditional ETF products….
E-commerce giant Mercado Libre is discontinuing Mercado Coin, its homegrown cryptocurrency launched nearly four years ago to reward customer engagement. Beginning April 17, users will no longer be able to buy, sell, or earn cashback rewards in the token, marking the end of the company’s branded digital asset initiative. Mercado Pago, Mercado Libre’s digital wallet…
BitMine Immersion Technologies has made its largest Ethereum purchase of 2026, acquiring 71,179 ETH valued at approximately $143 million. The acquisition marks a significant divergence from broader market trends, as most major digital asset treasuries have halted or reduced their cryptocurrency holdings during the recent market downturn. The purchase extended BitMine’s buying streak to four…
A newly launched White House mobile app is drawing scrutiny from security researchers and users over potential location tracking capabilities and data collection practices that critics say are unusual for government software. The White House released the app on Friday, marketing it as a “direct line” for users to receive breaking news alerts on major…
XRP is trading near $1.33, but market conditions are increasingly fragile as rising leverage and weak price action create a tense environment for traders. The Ripple-linked token has failed to mount a sustained recovery despite bullish positioning, with repeated rejections near $1.35 to $1.36 keeping sellers in control of the price narrative. The token slipped…
Anthropic’s draft announcement of its most advanced AI model, Claude Mythos, was exposed Thursday through an unsecured publicly searchable data cache, raising concerns about unprecedented cybersecurity risks in the cryptocurrency and blockchain sectors. A leaked draft blog post revealed that the AI lab behind Claude has trained a new model called Mythos, which the company…
Spot Bitcoin exchange-traded funds recorded $296.18 million in net outflows for the week ending Friday, breaking a four-week streak of positive inflows as macro uncertainty keeps institutional capital on the sidelines. The reversal marks a significant shift in sentiment after spot Bitcoin ETFs attracted more than $2.2 billion across four consecutive weeks. The funds saw…
Bitcoin dropped back below $70,000 on Friday following a major security leak at artificial intelligence company Anthropic, which revealed details about an advanced new AI model capable of identifying and exploiting software vulnerabilities. The cryptocurrency’s decline coincided with a sharp selloff in software and cybersecurity stocks, suggesting broader market concerns about the implications of the…
Large Bitcoin holders have accumulated over 61,000 BTC in the past month despite escalating geopolitical tensions and deep investor uncertainty, according to onchain analytics firm Santiment. Whales and sharks—defined as wallets holding between 10 and 10,000 Bitcoin BTC$68,495—have increased their holdings by 0.45%, adding 61,568 BTC over the past 30 days, Santiment said in a…
The United Kingdom government is moving forward with a temporary ban on cryptocurrency donations to political parties, following recommendations from an independent review into foreign interference in the country’s electoral system. Prime Minister Keir Starmer confirmed the government’s intention to implement a moratorium on crypto political donations during Prime Minister’s Question Time on Wednesday. “I…
The United States Securities and Exchange Commission’s former top enforcement official clashed with agency leadership over handling cases involving individuals close to President Donald Trump before resigning last week, according to sources familiar with the matter. Margaret Ryan, the ex-director of the SEC’s Division of Enforcement, wanted to pursue fraud and other charges in cases…
