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Cross-Chain Protocol Gravity Bridge Suffers $5.4 Million Attack — Details
Gravity Bridge, a Cosmos-native cross-chain protocol, was the target of a compromised-key attack, which led to the th…
China Just Put A Two-Year Expiry Date On Crypto Access For 1.4 Billion People
China’s securities regulator, the China Securities Regulatory Commission, announced on May 25 that it will penalize…
China’s top court to study judicial rules for crypto amid rise in related cases
The judge's remark builds on a February joint notice that broadened the country's crackdown on crypto-related activit…
Trump’s CEO-filled China visit can decide whether Bitcoin’s $80,000 risk rally survives this week
Bitcoin is hovering just below $80,000 as President Donald Trump arrives in Beijing for a high-stakes meeting with Ch…
Russia-linked Grinex exchange suspends operations after $15 million hack, blames ‘hostile states’
Liquidity and users of the sanctioned Garantex exchange have flowed into Grinex over the past year, Elliptic claims.
$285M Bug Or Human Error? Solana-Based Drift Protocol Suffers Largest Exploit Of 2026
Solana-based Drift Protocol has suffered the largest exploit of 2026 to date, losing nearly $300 million in a “high…
Resolv issues 72-hour ultimatum to exploiter for 90% return of $25 million in funds
Resolv Labs gave the exploiter 72 hours to return 90% of $25 million in stolen funds, offering a 10% settlement bonus.
Crypto hacks average $25 million as largest exploits skew industry losses: Immunefi
Crypto hacks have become more uneven, with smaller typical losses but increasingly massive exploits that often kneeca…
Ethereum layer-2 developer OP Labs cuts roles to 'narrow focus'
The firm plays a central role in the development of Optimism, an Ethereum layer-2 scaling network designed to make tr…
Hong Kong links up with Shanghai trade authorities to put cargo data on blockchain
HKMA teams up with mainland regulators to develop a cross-border platform linking cargo data and electronic bills of …
US strike force freezes and seizes over $580 million in crypto tied to Chinese crime networks
U.S. officials said they froze and seized roughly $580 million in cryptocurrency linked to Chinese scam networks targ…
Hong Kong-based stablecoin payments firm RedotPay explores $1 billion US IPO at $4 billion valuation: Bloomberg
The Hong Kong-based stablecoin payments firm RedotPay is reportedly exploring a U.S. IPO that could raise over $1 bil…
Step Finance shuts down following $40 million security breach
Step Finance is shutting down after a $40 million treasury breach last month and plans a STEP token buyback and Remor…
Mystery Hong Kong investor in BlackRock's bitcoin ETF breaks silence after $436 million stake sparks controversy
A spokesperson for Laurore said the $436 million IBIT stake “reflects personal investment conviction,” as records…
Coinbase’s Base moves away from Optimism’s 'OP stack' in major tech shift
Base launched in 2023 and quickly became one of the most widely used Ethereum layer-2 networks.
Is China using US Bitcoin ETFs as a backdoor? Mystery Hong Kong firm invested $436M in BlackRock’s IBIT
An obscure Hong Kong firm has disclosed a $436 million position in BlackRock’s Bitcoin ETF, a revelation that is fu…
Wallet tied to $200M Mixin Network hack moves ETH after over two years of dormancy: onchain data
Over two years after stealing $200 million from Mixin Network, an onchain hacker has deposited illict funds on Tornad…
Only 5% of companies see AI improving profit, McKinsey China chairman tells Consensus
The chairman of Greater China at McKinsey said nearly every company is experimenting with AI, few are rethinking thei…
U.S. DOJ hits Paxful for $4 million in case tied to illegal sex work, money laundering
The crypto platform's penalty was sharply reduced due to its ability to pay, according to U.S. authorities.
Why Bitcoin faces a brutal liquidity trap because China’s $298B of US Treasuries are up for sale
China’s gradual retreat from US government debt is evolving from a quiet background trend into an explicit risk-man…
China expands crypto crackdown to stablecoins, asset tokenization
The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world ass…
China tightens stance on RWA tokenization and offshore yuan stablecoins, reiterates crypto ban
Beijing has broadened its crypto ban to include RWA tokenization and unapproved offshore yuan-linked stablecoin issua…
Aero DEX aims to fix liquidity fragmentation and dethrone the incumbents
The rollout of Aero, targeted for the second quarter of 2026, will take direct aim at incumbents like Uniswap and Cur…
Optimism governance approves OP token buyback plan tied to superchain revenue
The proposal links the OP token more directly to the economic performance of the Superchain.
Criminal use of crypto spikes after years of steady decline, TRM report says
While the increasingly professional bad guys' crypto rocketed to $158 billion in 2025, it's still a decreasing share …
Here's how China's response to Trump tariffs silently rocks bitcoin
China’s exports remain resilient under U.S. tariffs as the yuan stays tightly managed, sending ripples all the way …
Crypto money laundering balloons to $82B as Chinese-language services dominate, Chainalysis says
Chinese-language networks now handle a disproportionate share of global crypto money laundering flows, according to a…
Matcha Meta sees $16.8 million drained in SwapNet incident: PeckShield
Matcha Meta disclosed a SwapNet security incident on Sunday and PeckShield estimated roughly $16.8 million in crypto …
Optimism community begins vote on OP token buybacks
The Optimism Foundation's proposal would link the value of the OP token more directly to the economic performance of …
Trump aims to sign major crypto bill 'very soon' in a push to make U.S. crypto capital of the world
U.S. President Donald Trump said he supported efforts to legislate crypto because of the political support he receive…