Bitget confirms $387.5M hack, suspects North Korea; withdrawals frozen as stablecoin issuers blacklist wallet
Bitget's hot wallets were drained in what is believed to be the year's largest crypto theft, with Circle and Tether freezing only about $318,000 of largely ethe
Decrypt · +14 outlets
Fed proposes reserve limits and capital standards for stablecoin issuers under GENIUS Act
The proposals mark the first concrete federal rulemaking to implement the stablecoin law, setting the framework issuers must meet for reserves and capital.
The Block · +14 outlets
Cathie Wood's ARK tokenizes $1.3B venture fund with Securitize, offering onchain exposure to OpenAI, Anthropic and Stripe
The fund is one of the largest real-asset tokenizations brought onchain, giving round-the-clock trading access to private tech stakes via Securitize on Ethereum
CoinDesk · +7 outlets
BlackRock and Ondo Finance team up to bring portfolio strategies onchain
Ondo launched onchain portfolio tokens based on BlackRock-developed strategies, deepening the asset manager's push into tokenized funds even as reporting noted
CNBC · +9 outlets
New York sues Polymarket, alleging it runs an illegal gambling operation
The suit adds state-level enforcement risk to prediction markets at a time when US regulators are still shaping the sector's rules.
CoinDesk · +14 outlets
Treasury yields hit highest since 2007 as Bitcoin slides below $83,000
Rising bond yields and priced-in Fed rate hikes pressured crypto, though analysts noted bitcoin has historically shrugged off the bond trend.
CoinDesk · +13 outlets
US crypto ETFs draw over $3B in a week, with nearly $800M flowing beyond Bitcoin
ETH, SOL, XRP and ZEC funds captured roughly 26% of weekly inflows, a sign of broadening investor appetite beyond BTC products.
Cryptoslate · +1 outlets
CLARITY Act stalls as White House shifts focus to regulators
The market structure bill remains stalled, with lawmakers and the White House pointing to agency rulemaking as the near-term path for crypto policy.
CoinDesk · +14 outlets
KelpDAO sues LayerZero and its CEO over $292M rsETH bridge exploit
The suit escalates legal fallout over one of the largest cross-chain bridge failures involving restaked ether.
CoinDesk · +13 outlets
Vitalik Buterin says Ethereum is evolving into a much larger cryptographic network, calls for new cryptography
Buterin framed Ethereum's next phase as a broader cryptographic network requiring ZK and quantum-resistance work rather than just execution scaling.
finance.biggo.com · +14 outlets
Aave V4 on Base adds Coinbase tokenized stocks as collateral for USDC loans
The integration pairs tokenized equities with stablecoin borrowing, testing demand for RWA collateral in DeFi lending markets.
The Block · +14 outlets
Strategy proposes daily dividends for STRC, STRD, STRF and STRK preferred stocks
The shift to daily distributions aims to restore the STRC preferred to its $100 target and support the company's bitcoin-funded capital structure.
The Block · +14 outlets
Ethereum breaks year-long downtrend but faces resistance at $2,800, on-chain data shows buyers still present
ETH's technical breakout is being tested near $2,800 as onchain metrics and staking queues suggest continued demand.
Yahoo Finance · +6 outlets
Ethena expands USDe backing into bStocks and equity perpetuals on Binance
The move broadens the collateral and strategy mix behind USDe, tying the synthetic dollar further to equity-linked instruments.
The Block · +14 outlets
Major UK banks execute world's first interbank customer transactions using tokenized sterling deposits
The pilot shows regulated tokenized deposits moving into live interbank payments rather than remaining in sandbox testing.
CoinDesk · +14 outlets
IBM links Digital Asset Haven to Swift ledger for tokenized deposit transactions
The integration connects institutional digital asset custody with interbank messaging infrastructure, a step toward tokenized deposit settlement.
The Block · +14 outlets
Bitcoin ETFs have erased a $5.8B hole as holders cash out differently than at prior tops
ETF inflows have offset prior outflows, and onchain data suggests profit-taking is following a different pattern than previous cycle peaks.
CoinDesk · +1 outlets
Magic Eden warns old Ethereum NFT listings exposed to payment processor exploit after 3,832-NFT whitehat rescue
A Limit Break flaw left stale processor approvals live, prompting warnings for users to revoke old permissions on Ethereum and ApeChain.
Cryptoslate · +1 outlets