Leading MEV bots, Jaredfromsubway.eth, has been drained of more than $7.5 million, as per reports. According to security firm Blockaid, the attacker constructed a false MEV arbitrage path that induced the bot to automatically generate token authorizations. Once those authorizations…
Spot Bitcoin ETFs listed in the US have just posted their steepest 30-day net outflow since they first launched back in January 2024, a sign of how hard the current crypto downturn is hitting institutional appetite. Galaxy Research data shows…
Leading blockchain firm Algorand has mapped out a multi-year plan to shield its blockchain from the eventual threat posed by quantum computing, with the full rollout set to wrap by the end of 2027, officials said. According to the Algorand…
A Swiss investor says crypto exchange KuCoin has failed to pay a Seychelles Supreme Court judgment of more than $2 million awarded to them after the exchange classified his tokens as abandoned property following a delisting. The Supreme Court of…
In a major development, the US government has issued an export control directive ordering leading AI company, Anthropic, to cut off all foreign national access to its Fable 5 and Mythos 5 AI models, forcing the company to disable the…
Leading Blockchain intelligence firm TRM Labs has identified several World Cup-related crypto scam operations already in motion, warning that fraudsters do not wait for the tournament to begin before building out their infrastructure. “Criminals always look to exploit major events…
In a major development, Delaware lawmakers have taken an aim at cryptocurrency ATMs, advancing legislation that would make the state one of a growing number to impose an outright ban on the machines in the wake of mounting complaints about…
In a major development, payments giant Visa is collaborating with stablecoin infrastructure firm Brale to run a proof of concept for institutional payment settlement using SBC, a U.S. dollar-backed stablecoin, on the Canton Network, with privacy controls as the central…
Soon, leading real-world asset tokenization platform Securitize might go public. This comes after one of its filing received the US Securities and Exchange Commission’s (SEC) nod. The firm had stated that the SEC declared effective the registration statement from Cantor…
In an important development, the United States House Ways and Means Committee circulated seven discussion draft bills addressing digital asset taxation ahead of a hearing scheduled for June 9, covering stablecoins, staking, mining and transactions. The draft proposals aim to…
