A security flaw buried in hardware wallet firmware for more than five years is now being blamed for one of the largest slow-motion Bitcoin thefts researchers have tracked, with losses climbing past $88 million and no clear end in sight.…
Federal regulators are again putting prediction market operators on notice over how they file new products for approval. In a latest development, the Commodity Futures Trading Commission (CFTC) issued an advisory Friday directed at leading firms including Kalshi, Coinbase, Polymarket,…
Garden Finance is dealing with another security breach. Web3 security firm Blockaid flagged the latest incident on Sunday, reporting that an attacker had drained roughly $450,000 worth of USDT from the protocol’s hash time-locked contracts, commonly known as HTLCs. The…
In a signficant development, BitMart is shutting its doors as a trading platform, with the exchange laying out a multi-stage exit plan that stretches from late July 2026 through early 2027. As per the exchange, the process began at 01:30…
Russia’s financial system is preparing for a major shift toward regulated cryptocurrency activity, with Sberbank, the country’s largest bank, at the center of the buildout. The bank has committed to launching core crypto infrastructure, including a digital depository, by December…
The trust overseeing repayments to victims of the collapsed crypto exchange FTX has confirmed that its next disbursement will begin on July 31, sending close to $900 million to eligible claimants. Funds will land in creditors’ BitGo, Kraken, or Payoneer…
In a significant development, leading crypto payments company BitPay has secured a license from the Dutch Authority for the Financial Markets. The move is significant, as it allows the firm to operate across European Union member states under the Markets…
Pakistan’s top digital asset regulator is calling for a more nuanced approach to evaluating cryptocurrency under Islamic law, following a meeting with one of the country’s most influential religious scholars whose recent ruling cast doubt on the legitimacy of crypto-based…
The Bank of Thailand is looking to trace large USDT transfers as part of its efforts to tackle illicit finance, money laundering and “gray money” in the country. The central bank will closely working alongside the country’s Securities and Exchange…
The European Union is preparing to overhaul its Markets in Crypto-Assets Regulation (MiCA) just weeks after the framework became fully binding, with officials looking to close gaps around foreign stablecoin issuers and catch up with technologies that didn’t exist when…
