Echo Admin key compromise enabled $76.7M unauthorized eBTC minting. The attacker used fake eBTC to borrow and bridge real crypto assets. ECHO token dropped sharply as panic selling hit the market fast. The ECHO token came under severe pressure after a major security breach tied to the Echo Protocol led to the unauthorized minting of […]
In Today’s Chainlink news, Chainlink and SGX FX announced that SGX FX will use Chainlink’s DataLink service to distribute its institutional-grade OTC foreign exchange data across over 2,600 on-chain applications on more than 75 blockchains. This integration includes spot and one-month forward rates for major currency pairs, trusted by over 200 financial institutions. At the […]
Bitcoin ATM company, Bitcoin Depot, filed for Chapter 11 protection on May 18 in the Southern District of Texas, announcing it would wind down operations and sell assets, and that its kiosk network, with over 9,000 locations globally as of August 2025, would go offline the same day. A May 12 SEC disclosure showed that […]
A cross-chain bridge exploit drained over $11 million just now, rattling sentiment at exactly the wrong moment. $ETH The post Ethereum Price Prediction: Verus DeFi Protocol Exploit Drains $11 Million appeared first on Cryptonews.
The SEC is preparing an “innovation exemption” that could allow platforms to offer tokenized stocks under a lighter regulatory structure. Bullish for tokens like $LINK? The post SEC Pushes Tokenized Stocks: Wall Street’s Onchain Era Begins appeared first on Cryptonews.
A federal jury has thrown out every claim in Elon Musk’s lawsuit against OpenAI and Sam Altman, finding the case to have been filed past its legal deadline. Verdict Reached, But Battle Not Over A federal jury in Oakland, California sided with OpenAI on May 18, unanimously dismissing all claims in Elon Musk’s lawsuit against […]
QuarkChain (QKC) is repositioning itself as an Ethereum (ETH) Layer 2 focused on what it calls a ‘Super World Computer’—a full-stack infrastructure designed to support AI and data-intensive decentralized applications, rather than chasing raw transaction speed alone. The pivot reflects a broader shift in blockchain scaling debates. While each market cycle tends to revive the […]
Key Takeaways: A fake eBTC with an estimated value of $76.6 million reportedly caused the theft of the tokens via Echo Protocol. In the past, the hacker already stole 385 ETH and transferred a portion of it via Tornado Cash. This incident follows the THORChain and Verus bridge hacks and becomes the third big DeFi […]
Japan’s regulated crypto market may be preparing for its biggest institutional expansion. Yet after financial giant SBI Holdings outlined plans for Bitcoin and XRP exchange-traded funds tied to the Tokyo Stock Exchange. The proposal reportedly includes a dedicated Bitcoin-XRP ETF alongside a hybrid gold-and-crypto investment trust. With SBI targeting roughly ¥5 trillion ($32 billion) in […]
Iran has reportedly launched Hormuz Safe, a maritime insurance platform for cargo moving through the Strait of Hormuz, with reports saying it accepts Bitcoin and other crypto payments. Public reporting on the platform comes mainly from Iranian and crypto-native outlets. Broad adoption by major international shipowners has not been independently confirmed. Reports Say Hormuz Safe […]
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