The two biggest DeFi exploits of the past two months have one thing in common. They used a tool that does not exist on the XRP Ledger. Thorchain lost roughly $10.8 million on May 15 to a cross-chain attack that drained funds across Bitcoin, Ethereum, BSC, and Base. Drift Protocol, a Solana-based decentralized perpetual exchange, […]
Crypto fund flows are starting to fracture, with investors exiting bitcoin BTC$77,483.75 and ether (ETH) exchange-traded funds (ETFs) while rotating into alternative tokens such as Hyperliquid’s hype (HYPE) and XRP (XRP). Bitcoin ETFs saw more than $1 billion in outflows last week, extending a sharp institutional pullback, while ether funds lost another $215 million, according […]
AmericanFortress researchers introduced a patent-pending post-quantum signature scheme that could secure the global crypto ecosystem against future quantum attacks without requiring mass fund migrations. According to the company, the breakthrough means even Satoshi Nakamoto’s huge 1.1 million bitcoin stash, alongside nearly 5 million BTC in dormant accounts, can be saved, with a combined value of […]
A conservative U.S. political action committee backed by the Solana Policy Institute — the Sentinel Action Fund — has committed to a massive advertising spend on the political opponent of former Senator Sherrod Brown, a Democrat and prominent crypto skeptic who is trying to return to Washington in this year’s Ohio Senate election. Sentinel and […]
The U.S. Treasury Department has sanctioned a Russian company, Operation Zero, and the individuals behind it after accusing them of buying stolen cyber tools for millions in cryptocurrency and re-selling those technologies, which were created to be used by the U.S. government. The tools bought and sold by newly sanctioned Sergey Sergeyevich Zelenyuk and his […]
Beast Holdings, the business entity tied to YouTube personality Jimmy ‘MrBeast’ Donaldson, has filed a U.S. trademark application for “MrBeast Financial,” with language suggesting a possible push into crypto. The application includes services like cryptocurrency payment processing, crypto exchange, and trading through decentralized exchanges (DEXs). The filing also mentions downloadable software and software-as-a-service (SaaS) tools […]