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ZachXBT flags suspicious $11.5M outflows from BitoPro exchange’s hot wallets, says it was ‘likely exploited’
ZachXBT said there were suspicious outflows from hot wallets on multiple networks including Tron, Ethereum, Solana an…
IMF asks for urgent clarification from Pakistan over 2,000MW power allocation to Bitcoin mining
The International Monetary Fund (IMF) wants Pakistan to urgently clarify its plans for allocating power to Bitcoin mi…
REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance
REX Shares filed an immediately effective prospectus to list two exchange-traded funds (ETFs) that will hold and stak…
BitMEX thwarts supposed Lazarus attack, discovers group’s IP addresses and ‘significant lapses’ in security
BitMEX's investigation allegedly discovered new insight into the group's inner workings and “significant lapses in …
The Daily: Champions League finalists PSG disclose BTC treasury, Trump Media secures $2.3 billion to buy bitcoin, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
SEC removes key hurdle for Ethereum ETFs by exempting staking from securities rules
The US Securities and Exchange Commission (SEC) has issued new guidance clarifying that common forms of crypto stakin…
Tether vows Bitcoin mining dominance as Pakistan, UK politicians look to advance Bitcoin reserves
Vegas glitters differently when thirty thousand badge-wearing bitcoiners clog the marble concourses of the Venetian, …
Sui community passes governance vote to recover stolen Cetus funds blocked by validators in $223M heist
Cetus eyes full protocol resumption in a week after a Sui community proposal to return frozen funds passed with 90% b…
Crypto Staking Doesn't Violate U.S. Securities Law, SEC Says
The SEC's latest staff statement addresses crypto staking, though it noted that it was not binding guidance.
SEC says proof-of-stake staking activities do not constitute securities transactions
Rebecca Rettig, the chief legal officer at Jito Labs, said this clears the way for crypto ETFs to include staking.
Ethereum Foundation researcher warns Bitcoin’s fee structure may compromise long-term security
Justin Drake, a researcher at the Ethereum Foundation, has raised alarms over Bitcoin’s (BTC) long-term security. I…
Someone loses over $500,000 in deUSD liquidation, raising concerns about Chainlink’s VWAP pricing system
Some onlookers think this decentralized market function could be improved either through stablecoin price caps or "mo…
Russian Police Arrest Suspect in $3.2M Illegal Mining Operation: Report
A similar mining scheme occurred in the region in 2022.
DeFi Platform Cork Protocol Suffers $12M Smart Contract Exploit
Cork Protocol has paused all markets as a precaution.
Cork Protocol pauses contract amid $12 million DeFi exploit
Cork Protocol, a DeFi venue for trading depeg events, paused its contracts after exploits withdrew some $12 million i…
Ethereum DeFi protocol Euler to launch EulerSwap DEX with lending-boosted yield
Euler has introduced EulerSwap, a new decentralized exchange that fuses automated market-making with lending infrastr…
Sui Network Steps in to Compensate Cetus Losses in Full After $223M Exploit
The Sui Foundation has extended a loan to Cetus to fully reimburse affected users, with repayment contingent on an up…
VanEck proposes mining royalty to fill US strategic Bitcoin reserve in a budget-neutral way
VanEck head of digital assets research Matthew Sigel called on US lawmakers to attach a royalty to domestic Bitcoin (…
Senator Lummis says US military generals support strategic Bitcoin reserve
Senator Cynthia Lummis told the 2025 Bitcoin Conference in Las Vegas on May 27 that several US military generals endo…
Cetus poses community vote to possibly return 100% of funds to users affected by $223 million exploit
Cetus stated it can use its cash and token reserves, as well as a Sui Foundation loan, to recover stolen assets from …
Google slashes quantum requirement to crack Bitcoin by 95% with technology a decade away
Bitcoin’s cryptographic resilience is facing renewed questions after a Google researcher suggested that quantum com…
Quantum Computing Could Break Bitcoin-Like Encryption Far Easier Than Intially Thought, Google Researcher Says
A new research paper from a Google researcher slashed the estimated quantum resources needed to break RSA encryption,…
Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit
Cetus plans to bolster security through rigorous testing, expanded audits, and a strengthened bug bounty program.
Bitlayer Joins Forces With Antpool, F2Pool, and SpiderPool to Supercharge Bitcoin DeFi
Bitlayer has partnered with major Bitcoin mining pools to promote the adoption of BitVM, a technology enabling Bitcoi…
Solana co-founder’s personal ID leaked on Hiphop group Migos’ Instagram page in apparent data breach
One Instagram post explicitly claimed Gokal 'should have' paid 40 BTC, suggesting a potential blackmail attempt.
Pakistan to allocate 2,000 MW for Bitcoin mining and AI data centers
Pakistan will allocate 2,000 megawatts of electricity for Bitcoin mining and artificial intelligence (AI) data center…
WalletConnect token expands to Solana with 5 million WCT set for airdrop
The WalletConnect Foundation will airdrop 5 million WCT to active Solana users via partners like Phantom, Jupiter, Ba…
The Daily: Major US banks in talks over joint stablecoin venture, BTC and ETH ETFs see highest combined daily inflows since January, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Cetus offers $6 million white hat deal to recover stolen ETH after hacker’s activity is blocked on Sui
Cetus said it worked with law enforcement agencies, exchanges and cross-bridge protocols to freeze all stolen funds t…
‘Liquidity begets liquidity’: Solana DEX aggregator Jupiter unveils a new lending protocol
Jupiter Lend, which will tap the liquidity layer Fluid, features a bespoke liquidation engine and “dynamic limits t…