Crypto
Hester Peirce, widely recognized as a staunch advocate for cryptocurrency within the U.S. Securities and Exchange Commission, is set to conclude her tenure on October 2. Her departure marks the exit of a key voice championing digital assets within the regulatory body.
Crypto
A new research proposal outlines a method to bring Zcash-level privacy to Bitcoin transactions without requiring any alterations to Bitcoin's core protocol. This 'shielded Bitcoin' concept aims to enable private BTC-denominated transfers to run alongside the main Bitcoin network.
Crypto
After a July slump that saw $5.8 billion in net outflows, U.S. spot Bitcoin exchange‑traded funds posted net inflows of roughly $800 million for the year, according to data compiled from multiple market sources. The reversal coincides with a rebound in Bitcoin’s price above $84,000 and renewed interest from institutional investors.
Crypto
Decentralized lending protocol KelpDAO has filed a lawsuit against cross‑chain messaging provider LayerZero and its co‑founder Brian Pellegrino, alleging negligence that led to a $292 million rsETH bridge exploit. The case marks the largest crypto‑related theft reported in 2026 and could have far‑reaching implications for the industry’s legal landscape.
Crypto
Decentralized lending DAO KelpDAO has filed a lawsuit in Canada against cross‑chain messaging platform LayerZero and its co‑founder Brian Pellegrino, alleging negligence that enabled a $292 million exploit of the rsETH bridge. The case highlights ongoing security concerns in the fast‑growing cross‑chain DeFi ecosystem.
Crypto
The U.S. Federal Reserve has unveiled a new set of proposed rules for stablecoin issuers, aiming to implement the GENIUS Act. These regulations include stringent capital and reserve requirements, a defined redemption window, and an application process for banks seeking to issue stablecoins.
Crypto
Crypto exchange Bitget has confirmed a security breach resulting in approximately $352 million in losses, primarily from hot wallets. CEO Gracy Chen indicated that a preliminary investigation points to North Korean hackers, attributing the incident to spoofed transfers rather than compromised private keys.
Crypto
The European Banking Authority has drafted detailed regulations for crypto‑lending and DeFi‑access services, seeking to broaden the EU's Markets in Crypto‑Assets (MiCA) regime. The proposal also calls for a revision of the stablecoin deposit floor and highlights banking fragmentation as a barrier to funding EU priorities.
Crypto
AI coding has dramatically reduced the estimated cost of a quantum-safe Bitcoin transaction from $320 to $66, a 79% decrease. This development, spearheaded by StarkWare, makes a potential 'last resort' defense against quantum attacks significantly more viable.
Crypto
The Trump administration is reportedly considering a plan to promote the international adoption of USD-backed stablecoins. This initiative aims to reinforce the U.S. dollar's global reserve currency status.
Crypto
The U.S. Commodity Futures Trading Commission (CFTC) has issued a new advisory highlighting heightened manipulation and cheating risks associated with 'mention markets' on prediction platforms. These markets, which allow users to bet on whether a specific word or phrase will be uttered, are deemed particularly susceptible to misconduct.
Crypto
Solana has commenced testing its Alpenglow upgrade on a public testnet, aiming to drastically reduce transaction finality from approximately 13 seconds to a mere 150 milliseconds. This significant technical advancement is designed to make transactions on the Solana network irreversible almost instantly, enhancing its appeal for various applications.