Bitget confirms up to $387.5M hack affecting hot wallets; exchange suspects North Korea
Bitget says user funds are safe while investigators point to North Korean involvement in one of the year's largest exchange breaches.
The Block · +6 outlets
Federal Reserve proposes reserve and capital rules for stablecoin issuers under GENIUS Act
The proposals set the first federal prudential framework for dollar-backed stablecoin issuers.
The Block · +14 outlets
Circle and Tether freeze stablecoins tied to Bitget hack, but most funds slip away
Stablecoin issuers' rapid freezing shows growing issuer-level enforcement power, though the recovery was partial.
Decrypt · +14 outlets
Appeals court rules states can regulate Kalshi's sports prediction markets
The ruling is the latest legal setback for prediction markets fighting state gambling oversight.
CNBC · +14 outlets
SEC crypto advocate Hester Peirce to depart next week
Peirce's exit removes the SEC's most consistent pro-crypto voice as the agency's policy direction remains unsettled.
CoinDesk · +14 outlets
New York sues Polymarket, alleging it runs an illegal gambling operation
State-level enforcement against prediction markets is escalating alongside the Kalshi litigation.
CoinDesk · +14 outlets
Bitget CEO says $352M hack came via spoofed transfers, not compromised private keys
The exchange's account of the attack mechanism shapes how the industry assesses hot-wallet security.
CoinDesk · +3 outlets
CFTC issues guidance letting commodities firms invest in tokenized assets and use blockchain records
The guidance advances tokenization policy after a failed CFTC vote, though formal rulemaking remains pending.
CoinDesk · +13 outlets
KelpDAO sues LayerZero and its CEO over $292M rsETH bridge exploit
The suit tests responsibility for bridge security and endorsed contract configurations in DeFi.
CoinDesk · +14 outlets
Bitcoin ETFs erase a $5.8 billion hole as flows recover
Fund flows have recovered from earlier drawdowns, a signal of renewed institutional demand.
CoinDesk · +3 outlets
Aave V4 on Base adds Coinbase tokenized stocks as collateral for USDC loans
Lending against tokenized equities expands DeFi collateral beyond crypto-native assets.
The Block · +14 outlets
ARK Invest moves $1.3B venture fund onchain with Securitize, holding OpenAI and Anthropic stakes
Tokenizing a venture fund tests whether private-market exposure can be distributed onchain.
CoinDesk · +8 outlets
Bitcoin stalls near $82.9K as $15.6B options expiry and rate-hike bets cool the rally
Macro headwinds and a large options expiry have slowed bitcoin's advance while some altcoins keep climbing.
Decrypt · +1 outlets
BlackRock deepens tokenization push with Ondo; Ondo was shopped to buyers after founder's death
Ondo's reported sale exploration and its BlackRock-linked tokenization work show consolidation pressures in RWA.
CoinDesk · +2 outlets
Blockchain Association sees leadership change after crypto Clarity Act vote fails
The trade group's shakeup follows stalled market-structure legislation in Washington.
CoinDesk · +13 outlets
Trump and Xi wrap state visit; Xi urges US cooperation on AI
The summit's tech talks carry implications for AI and trade policy between the two economies.
CNBC · +14 outlets
DTCC tokenization service set to cover $114 trillion in assets
The clearinghouse's scale makes it a bellwether for institutional adoption of tokenized settlement.
Coin Gabbar · +1 outlets
Major UK banks execute first interbank customer transactions using tokenized sterling deposits
The pilot marks a step toward bank-issued tokenized deposits in mainstream payments.
CoinDesk