American Bitcoin (ABTC), the Trump family-backed BTC company, released its Q1 2026 financial results earlier in the week, and they showed a nearly $82 million net loss for the period. This was despite the firm mining a record 817 BTC. Mining Output Goes Up, But BTC Price Drop Hits Earnings Per documents it filed with […]
TrustedVolumes, a liquidity provider on the Ethereum blockchain, lost about $5.9 million in funds to a hacker on Thursday. The attacker was able to exploit a vulnerability within the custom trading system used by the platform and managed to withdraw the funds, which included ETH, WBTC, as well as USDT and USDC stablecoins. What Happened […]
US President Donald Trump announced on his social media platform that the two warring parties in Europe, Russia and Ukraine, have agreed to a three-day ceasefire. Bitcoin’s price reacted to the news positively, but in a more modest manner. “This Ceasefire will include a suspension of all kinetic activity, and also a prison swap of […]
Blockchain settlement rails are increasingly becoming intertwined with the global financial system. A group of firms recently achieved a feat that could introduce 24/7 settlements for traditional financial markets. According to a tweet, the tokenization platform Ondo Finance, card services provider Mastercard, and JP Morgan’s blockchain platform, Kinexys, are involved in achieving the latest milestone. […]
Bitcoin advocate Samson Mow has pushed back against criticism that Strategy has betrayed its principles by saying it would sell BTC at some point in the future to pay dividends. In a post published on X on May 7, Mow argued that public companies holding BTC need flexibility to protect shareholders, even if that means […]
KelpDAO has publicly disputed claims made by LayerZero Labs regarding the April 18, 2026, exploit. In the latest post on X, it argued that the incident stemmed from failures within LayerZero’s infrastructure rather than any misconfiguration on its own platform. According to KelpDAO, attackers exploited LayerZero’s systems, resulting in the loss of more than $300 […]
The Solana Foundation has partnered with Google Cloud to launch Pay.sh, a platform that allows AI agents to use and pay for API services using stablecoins on Solana. The two built the payment gateway service to solve a common problem in software development, where even advanced AI systems still need human intervention to create accounts, […]
Blockchain investigator ZachXBT has built a reputation for repeatedly calling out crypto platforms and entities he believes are involved in suspicious or illegal activity. In his latest allegation, he has turned attention to Tokenlon, a relatively lesser-known decentralized exchange with around 17,000 followers on X. Tokenlon Draws Scrutiny ZachXBT has alleged that a large share […]
North Korea-linked actors have been frequently connected to large-scale crypto hacks, thefts, and laundering operations in recent years. But the isolated nation’s foreign ministry denies involvement in global cyber fraud. DPRK Slams “Reptile Media” In an official statement, a spokesperson from the regime’s Foreign Ministry called the accusations unfounded and politically motivated by the United […]
Coinbase recently filed a formal comment letter with the Commodity Futures Trading Commission (CFTC), arguing that prediction markets are derivatives that fall under federal jurisdiction and should stay there. The company warned that letting states write their own rules for these markets would recreate the regulatory “total chaos” that Congress built the federal derivatives framework […]