Taiko Layer 2 halts after $1.7M exploit via fake bridge proofs
Ethereum Layer 2 Taiko paused block production after an exploit drained funds through fraudulent proof validation in its bridge.
The Block · +4 outlets
Secret Network's Axelar bridge drained for $4.67M in undetected infinite-mint exploit
A critical vulnerability in Axelar's bridge allowed attackers to mint tokens infinitely, remaining undetected for seven days before discovery.
The Block · +5 outlets
Polymarket paid influencers to stage fake winning bets on dummy sites: WSJ
Wall Street Journal investigation found Polymarket paid creators to produce videos showing nonexistent $1.9M in winning trades to promote the platform.
The Block · +5 outlets
$293M Kelp DAO hack reduces Aave total value locked by $8B
Exploit of Kelp DAO caused cascading TVL losses across dependent protocols, with Aave suffering largest impact.
CoinMarketCap
Spot bitcoin ETFs log sixth consecutive week of net outflows, $227M exited last week
US spot bitcoin ETF flows turned negative six weeks running, signaling sustained institutional pullback from the asset class.
The Block
Bank of England scraps holding caps for sterling stablecoins, sets £40B issuance guardrail
UK regulators relaxed individual stablecoin holding restrictions while establishing a systemic issuance limit, aiming for 2027 launch of framework.
The Block · +2 outlets
Altura stablecoin vault winds down after unprecedented withdrawal requests tied to msUSD concerns
Altura halted its stablecoin vault due to mass withdrawals following concerns about contagion from Main Street's msUSD depegging.
The Block · +7 outlets
Toss Bank and Solana partner on proof-of-concept for remittances and stablecoin payments
South Korea's Toss Bank is testing blockchain infrastructure on Solana to enable cross-border payments and remittances using stablecoins.
The Block · +13 outlets
South Korea's CBDC pilot enters second phase with deposit token banking system integration
Bank of Korea advances digital won testing by integrating deposit tokens into live banking infrastructure in the next phase of its CBDC rollout.
The Block · +12 outlets
Ethereum researchers propose 'tax' redirecting up to 10% of staking rewards to public goods funding
A forum post on Ethereum Research suggests validators vote to allocate a portion of staking rewards toward ecosystem development and public goods.
The Block · +6 outlets
Japan's corporate pension fund allocates roughly 1% of assets to crypto holdings
National Business Corporate Pension Fund will deploy crypto allocation, marking institutional adoption by major Japanese retirement assets.
The Block · +14 outlets
Criminal network linked to fentanyl trafficking distributes fake 'zksync.jp' token scam exceeding $1M in losses
Chinese criminal group connected to fentanyl smuggling perpetrated a token impersonation scam targeting crypto users worldwide.
The Block
Bitget launches Stock+ to enable crypto-funded purchases of US equities through regulated brokers
Crypto exchange Bitget added a feature allowing users to buy full and fractional US stocks directly using crypto holdings.
The Block · +14 outlets
Index Ventures, Union Square Ventures back trading app Fomo at $550M valuation
Crypto trading app Fomo raises funding at half-billion-dollar valuation from prominent venture firms.
Fortune
Andre Cronje, two others resign from Sonic Labs board as S token trades 97% below peak
Sonic (formerly Fantom) Layer 1 sees key founder exit from board amid token price collapse, though executives claim continued commitment.
The Block · +7 outlets
Charles Schwab, Cboe work on S&P 500 binary options contracts, entering prediction-market space
Major US brokerage enters prediction-market-style products sector to compete with platforms like Kalshi and Polymarket.
The Block · +14 outlets
Kraken main app adds on-chain DEX trading for 2,500+ Solana tokens
Crypto exchange Kraken integrated decentralized exchange trading directly in its main app to serve Solana ecosystem users.
Bitcoinist.com · +8 outlets
Base schedules June 25 mainnet date for Beryl upgrade and native B20 token standard launch
Coinbase's Base Layer 2 will activate protocol upgrade introducing native token standard alongside core improvements.
NFT Plazas · +14 outlets