Crypto
Solana Foundation hires ex-Binance execs to bolster institutional partnerships and payments growth
New hires aim to accelerate ecosystem expansion and stablecoin adoption amid a surge in partnerships and network upgrades
Solana Foundation Hires Binance, Polygon Veterans to Expand Tokenized Finance Efforts
New hires aim to accelerate Solana’s institutional push into stablecoin payments, tokenized assets and real-world assets onchain.
SEC Commissioner Hester 'Crypto Mom' Peirce to Depart Oct. 2
Hester Peirce, the SEC's most steadfast crypto advocate, leaves next week, capping years of pushing for clear token rules even as the agency issues fresh crypto guidance.
Researchers Propose Shielded Bitcoin for Zcash-Style Privacy Without Soft Fork
A new protocol could enable private Bitcoin transactions using encrypted notes and zero-knowledge proofs, bypassing the need for a base-layer consensus change.
Bitget Loses $351M in Hack via Spoofed Transfers, Not Private Key Theft
Crypto exchange Bitget said attackers faked transfer requests to drain $351.6 million without compromising private keys; a $464 million protection fund covers the loss.
KelpDAO lawsuit accuses LayerZero of failing to secure $292M rsETH bridge exploit
Dispute over cross-chain security escalates as LayerZero denies wrongdoing in DeFi bridge attack
OG.com seeks CFTC approval for cash-settled single-stock perpetual futures
The crypto‑derived platform filed a request to list 24‑hour, cash‑settled perpetual contracts on individual US equities, joining other firms such as Coinbase and Kalshi in seeking regulatory clearance.
Ex-CFTC Commissioner Steps Down from Blockchain Association After Regulatory Bill Stalls
Former CFTC commissioner Summer Mersinger resigns as Blockchain Association CEO amid failure of key stablecoin legislation, with interim leadership set for October.
Blockchain Association CEO Mersinger Exits After Clarity Act Defeat
Kristin Smith returns as interim CEO of the Blockchain Association one week after the Digital Asset Market Clarity Act was rejected by the Senate.
IBIT Options Price Calmer Swing Expectations After Bitcoin Rebound
BlackRock's IBIT options show implied volatility near the low end of its 12-month range despite Bitcoin's recent recovery, per Saxo Bank.
Tether says exposure to EQIBank was limited after $84M seizure
Tether confirmed it holds assets at EQIBank, but those assets represent only 0.034% of its total, after US prosecutors froze about $84 million in accounts of payments firm Capstone linked to the bank. USDT market cap is $184 billion.
Bitget revises security breach loss to $388 million after more complete accounting
Crypto exchange Bitget updated its incident report Friday, raising the stolen asset figure to $387.5 million and confirming the breach remains contained.
Circle, Tether freeze stablecoins in Bitget hacker wallet amid $351.6M theft
Stablecoin issuers acted swiftly to block a portion of stolen funds after a $351.6 million exploit at Bitget, though most remaining assets remain untraceable.
SEC's tokenization exemption signals faster U.S. market integration
The SEC's temporary framework for tokenized stock trading marks a significant step toward integrating blockchain technology into traditional capital markets, with implications for regulatory clarity and market structure.
IRS Crypto Reporting Rules Create Tax Filing Headaches for US Investors
New IRS rules require US crypto exchanges to report gross proceeds on Form 1099-DA without cost basis, forcing taxpayers to calculate gains themselves and leading to widespread delays, discrepancies and calls for better data formats.
CoinMarketCap Expands Derivatives Coverage with $M Acquisition of CoinGlass
CoinMarketCap retains CoinGlass’s brand and tools while expanding access to leveraged trading data across 28 exchanges and over 2,500 instruments.
SlowMist finds iPhone Safari exploit targeting crypto wallets but lacks confirmed thefts
Security firm warns of potential exposure risks despite Apple’s prior patches, urging users to update iOS and use caution with suspicious links.
Bitcoin Holders Realize $2.4B in Profits, Far Below Prior Market Peak Levels
BTC rallies 44% this quarter to nearly $85,000 as realized profit-taking stays muted at $2.4B versus the $7B–$10B daily range seen at earlier tops.
Altcoins surge as Bitcoin consolidates near $84,000
Bitcoin’s price stagnates around $84,000 while altcoins rally, driven by speculative capital flows and macroeconomic tailwinds.
Magic Eden whitehat moves 3,832 NFTs amid suspected marketplace exploit
A precautionary transfer of non-fungible tokens from hundreds of wallets raised concerns over a potential vulnerability in Magic Eden’s platform, with Yuga Labs confirming it was a white-hat operation.
Bitcoin ETFs rebound to $800M annual inflows after $5.8B outflow
U.S. spot Bitcoin ETFs reversed a $5.8 billion annual outflow in July, recording $800 million in net inflows as Bitcoin recovered to $85,000.
KelpDAO sues LayerZero over $292M exploit, alleging undisclosed vulnerabilities
Lawsuit accuses cross-chain bridge provider of failing to disclose security flaws that enabled a major DeFi attack in April.
Bitcoin ETF inflows drop to $191M amid six-day streak slowdown
US spot Bitcoin ETFs saw a sharp deceleration in inflows, totaling $191 million on Thursday after a six-session streak of $2.8 billion.
Samourai Wallet Co-Founder Faces New Transfer After Treatment Program Canceled
Keonne Rodriguez says his federal drug-treatment program was deactivated at FCI McKean, triggering a transfer alongside 70 other inmates.
