The cryptocurrency industry saw the most violent hack of 2026 on Saturday evening when an unknown perpetrator breached KelpDAO’s security and drained almost $300 million worth of its liquid staking token, rsETH. They managed to act quickly, depositing the stolen funds into several lending protocols, borrowing money against them, and one of them just experienced […]
Ethereum recorded a major on-chain milestone in the first quarter of 2026 across its base layer activity. Data from Artemis shows the network processed over 200 million transactions, its highest quarterly total on record. On a quarterly basis, this represents a 43% increase from 145 million transactions in the previous quarter ending late 2025. Quarterly […]
Grinex, a sanctioned crypto exchange serving Russian businesses and individual users, said it was hit by a large-scale cyberattack that resulted in the theft of funds worth more than 1 billion rubles from its users’ wallets. The exchange described the incident as a targeted operation and claimed there were indications of involvement by foreign intelligence […]
Multiple on-chain security companies and industry sleuths reported late on Saturday that the liquid restaking protocol KelpDAO had fallen victim to a major hack in which the perpetrators drained nearly $300 million. The team behind the project confirmed the incident hours later, and added that they have partnered with LayerZero, Unichain, their auditors, and ‘top […]
After weeks of dwindling performance, no-inflow days, and investor uncertainty, the spot ETFs tracking the popular cross-border token saw impressive inflows over the past five trading days. This coincided with the de-escalation of tensions in the Middle East, but the return of uncertainty from conflicting statements over the weekend could turn the tables next week. […]
US President Trump, alongside Iran’s foreign minister, announced a major de-escalation yesterday on the war front, indicating that the Strait of Hormuz will finally be reopened. The statement had a major impact on almost all financial markets, especially oil, given the Strait’s significance. USOIL, for example, plunged by over 11%. It traded at $90 per […]
A cybersecurity researcher from Brazil exposed a large-scale scam operation after buying a “Ledger” hardware wallet from a Chinese marketplace listing that looked legitimate and was priced the same as the official store. The packaging appeared original from a distance, but the device was counterfeit. When the researcher connected it to Ledger Live installed from ledger.com, […]
Bitcoin’s price recovered impressively yesterday by surging to a 10-week peak of over $78,000 after US President Donald Trump said the Strait of Hormuz was opened. However, this rally could be in jeopardy now, as Iran’s Speaker of Parliament, Ghalibaf, denied many of the POTUS’s positive statements. All Were False Recall that Trump took to […]
Just a couple of days after a cryptic tweet on X containing XRP’s logo, the official channel behind the Solana ecosystem announced that a 1:1-backed token redeemable for Ripple’s cross-border token has launched on its blockchain. The statement coincided with notable price gains charted by XRP and SOL today as the geopolitical tension in the […]
The bad press facing stablecoin issuer Circle, following the $280 million exploit on the Solana trading protocol Drift, has gone up a notch after a California-based legal group filed a class action lawsuit against it, alleging it stood by while North Korea-linked hackers moved millions in stolen USDC through the firm’s own bridge, making it […]