Anthropic’s new Mythos AI is exposing the hidden cracks in crypto’s foundation
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Crypto News

Mythos, the new AI model from Anthropic that has sparked fear and confusion in traditional tech and finance, is also driving a massive shift in how the crypto industry thinks about security. For years, decentralized finance has focused its defenses on smart contracts. Code is audited, vulnerabilities are cataloged, and many common exploits are well […]

U.S. CFTC adds New York to string of states its suing to stop prediction market pushback
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Crypto News

The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction market contracts violated state gambling laws. And last year, the […]

Trump’s DOJ drops probe that stood in way of president’s pick to run Federal Reserve
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Crypto News

President Donald Trump’s command of U.S. financial and economic policy may have taken a step closer now that his Department of Justice has backed down from an investigation of Federal Reserve Chair Jerome Powell, meaning his nominee to replace Powell may now have an open path to confirmation. Fed chair nominee Kevin Warsh, whose own […]

Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com
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Crypto News

Prediction markets have a consistent line: their products are financial instruments, not bets. Wisconsin isn’t buying it, and in a new complaint targeting Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com, the state is citing the companies’ own marketing to call them unlicensed gambling venues. “Thinly disguising unlawful conduct doesn’t make it lawful,” Attorney General Josh Kaul […]

The market repriced DeFi in just 48 hours
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Crypto News

Until last Friday, April 17, lending stablecoins into Aave, widely considered the gold standard of DeFi, paid 2.32% APY. The Federal Reserve’s overnight rate was 3.64%. Taken at face value, the market was pricing an unregulated, open-source smart contract as a lower credit risk than the United States Treasury. In 48 hours, that ended. The […]

Bitcoin fails to break $80,000, back under $78,000
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Crypto News

Bitcoin punched $79,388 on Wednesday evening and has been quietly giving it back ever since. Bitcoin traded at $77,794 on Thursday morning, up 0.4% over 24 hours after peaking at $79,388 at 21:34 IST on Tuesday and drifting lower through the overnight session. The 24-hour low of $77,464 was set Thursday morning, meaning the full […]

Banks seek to slow down implementation of crypto’s GENIUS Act on stablecoin oversight
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Crypto News

The crypto industry is frequently finding bankers involved in its top-priority regulatory efforts, and this time, a coalition of bank trade associations has asked the U.S. Department of the Treasury to extend the window in which the public can weigh in on implementation of last year’s Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) […]

Crypto’s great hope in Senate’s Clarity Act still has a path to survive tight calendar
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Crypto News

April appears to be a lost cause for the crypto Clarity Act, but a U.S. Senate committee hearing sometime in May could keep the critical market structure legislation alive, as long as it can reach a final vote of the overall Senate by July, according to lobbyists and a lawmaker aide focusing on the market […]

Aave faces ‘serious trouble’ as all its core markets hit 100% utilization. What this means.
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Crypto News

Aave, one of the largest decentralized lending platforms, effectively froze Tuesday after all its major lending protocols ran out of available funds, leaving users unable to withdraw billions of dollars in crypto, DeFi Warhold said as he explained what the 100% utilization means. Roughly $5 billion in stablecoins USDT and USDC are effectively locked, Warhold […]

North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit
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Crypto News

Less than three weeks after North Korea-linked hackers used social engineering to hit crypto trading firm Drift, hackers tied to the nation appear to have pulled off another major exploit with Kelp. The attack on Kelp, a restaking protocol tied into LayerZero’s cross-chain infrastructure, suggests an evolution in how North Korea-linked hackers operate, not just […]

Bitcoin jumps, crashes within minutes of Trump moves, and here is why it might happen again this week
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Crypto News

Bitcoin and other risk assets have become increasingly sensitive to statements from U.S. President Donald Trump, with markets often swinging upward or downward within minutes of his social media posts or policy announcements to the news media. This has drawn scrutiny from lawmakers, academics and market experts, as questions mount over whether those price movements […]

Hack at Vercel sends crypto developers scrambling to lock down API keys
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Crypto News

A breach at web infrastructure provider Vercel is forcing crypto teams to rotate API keys and do a deep inspection of their underlying code. In a bulletin, Vercel said the hacker was able to grab behind-the-scenes settings that weren’t locked down, potentially exposing API keys — the digital credentials apps use to connect to other […]