Binance drained of up to $5.5 billion in suspected hack; Tether and Circle freeze $1.8 billion
On-chain tallies put the outflow at $3.5 billion to $5.57 billion across three blockchains, prompting the stablecoin issuers to freeze funds while Binance says
Decrypt · +5 outlets
Fed holds rates steady with two dissents favoring a hike; bitcoin dips below $80,000
Crypto slid alongside tech stocks as the Fed left rates unchanged and a December hike stayed in play, liquidating $356 million in long positions.
Decrypt · +13 outlets
Hyperliquid's HYPE jumps 13% as NYSE owner ICE partners with Trade[XYZ] to bring perpetual futures to the US
The deal would bring Hyperliquid-based perpetual futures to US traders, marking a major institutional entry into onchain derivatives.
Decrypt · +6 outlets
Polymarket suspends trading after third-party breach causes user losses
The prediction market halted trading while it investigates the security incident, raising questions about custody and settlement risk on the platform.
CoinDesk · +14 outlets
JPMorgan, Coca-Cola, Walmart and Eli Lilly object to OKX-ICE tokenized stock trading plan as majority of issuers opt out
A growing list of listed companies are formally objecting to having their shares tokenized and traded on the OKX-ICE venue, deepening the fight over tokenized e
CoinDesk · +13 outlets
DTCC launches tokenization for $30 trillion in stocks, ETFs and US Treasuries
The clearinghouse's move brings Wall Street's core settlement infrastructure into tokenized assets, a major institutional milestone.
CoinDesk · +14 outlets
Switzerland lists first spot bitcoin ETF on SIX, breaking from European fund limits
The listing gives European investors direct spot BTC exposure under Swiss rules that diverge from broader EU fund constraints.
CoinDesk · +8 outlets
HTX exits the UK after settling with the FCA
Justin Sun's exchange agreed to withdraw from the UK market as part of a settlement with the British financial regulator.
CoinDesk · +13 outlets
Trump family's USD1 stablecoin delisted by HTX over freeze dispute
HTX, controlled by Justin Sun, removed the Trump-linked USD1 stablecoin after a freeze incident, underscoring governance risk in stablecoin issuance.
Startup Fortune · +7 outlets
Datavault AI says it cannot access its bitcoin, stock plunges 50%
The bitcoin treasury company's disclosure that it lost access to its BTC holdings wiped out half its market value, a warning sign for corporate crypto treasury
CoinDesk · +14 outlets
Polygon extends stablecoin payments infrastructure to Solana in bank-focused push
The tie-up links bank accounts, crypto and payouts across both networks as competition over institutional stablecoin rails intensifies.
Decrypt · +14 outlets
Solana wallet Solflare to cover missed staking rewards on $160 million after validator goes offline
The pledge highlights operational risk in delegated staking as validators can fail and leave delegators uncovered.
CoinDesk · +4 outlets
Robinhood crypto revenue sinks 55% as earnings miss; ARK buys the dip in its largest purchase in six months
Weak crypto trading revenue dented Robinhood's quarter, though analysts kept a bullish outlook and Cathie Wood's ARK stepped in after a 23% share slump.
CoinDesk · +3 outlets
Coinbase adds Ripple's RLUSD stablecoin across retail, exchange and Prime platforms; Moody's rates it A2
Ripple's stablecoin gained distribution via Coinbase and an investment-grade rating a day after OCC bank approval, boosting its institutional standing.
The Block · +7 outlets
Bithumb hacked through an employee system as South Korean financial firms face cyberattacks
The breach exposes insider and third-party access risk at Korean exchanges amid a broader wave of attacks on financial firms.
CoinDesk · +13 outlets
US Treasury sanctions 11 over North Korean IT worker scheme that laundered millions in crypto
The designations target Russian nationals accused of moving illicit funds tied to North Korean IT workers, an expanding crypto enforcement front.
CoinDesk · +13 outlets
Coinbase customer contact data exposed in third-party analytics vendor breach
Coinbase said funds were not impacted but customer contact information was compromised, part of a string of vendor-related crypto breaches.
Decrypt
KuCoin exits Russia and Belarus as exchanges retreat from sanctioned markets
The withdrawal follows a broader pattern of crypto platforms cutting ties with Western-sanctioned jurisdictions.
CoinDesk