Harmony Protocol Grapples with Alleged 4 Billion ONE Token Exploit, Considers Drastic Blockchain Rollback

Harmony Protocol is currently navigating a severe crisis, contemplating the unprecedented measure of rolling back its blockchain following allegations that an attacker exploited the network to illicitly mint nearly 4…

Judge stays CFTC’s case against US soldier over prediction market bets

The judicial decision, handed down on Monday by District Judge Andrew Carter in the US District Court for the Southern District of New York, represents a significant procedural development in…

Senate Punts CLARITY Act Vote to September Amidst Industry Frustration and Looming Midterm Elections

The United States Senate has once again deferred action on the Digital Asset Market Clarity (CLARITY) Act, pushing a critical cloture vote to mid-September after adjourning for its month-long recess.…

Strategy Pivots to Bitcoin-Backed Capital Management: Sells BTC for Second Week to Repurchase Preferred Stock

Strategy, the enterprise renowned for holding the largest corporate Bitcoin treasury, has once again engaged in strategic capital management, selling a portion of its Bitcoin holdings for the second consecutive…

Crypto Ecosystem Navigates Quantum Threat, Security Breaches, and Evolving Regulatory Landscape

Concerns over the foundational security of blockchain technology and the evolving regulatory landscape for digital assets have dominated recent discussions in the cryptocurrency world. A stark warning from a blockchain…

Brazil targets crypto fraud with up to 24-hour transfer hold

The Banco Central do Brasil (BCB) has announced a significant regulatory update requiring virtual asset service providers (VASPs) to implement precautionary holds of up to 24 hours on specific cryptocurrency…

Bitcoin’s BIP-110 Enforcing Branch Stalls Amidst Widespread Opposition, Highlighting Deep-Seated Consensus Challenges

The Bitcoin network experienced a significant divergence over the weekend as the BIP-110 enforcing branch, a proposed hard fork aimed at addressing perceived "spam" transactions, stalled dramatically at block 961,633…

BTCPay Server Temporarily Restricts Remote Connections to LND Nodes Following Critical Vulnerability Exploitation and Reported Fund Thefts

BTCPay Server, a widely utilized self-hosted open-source cryptocurrency payment processor, has implemented a temporary restriction on public remote connections to Lightning Network nodes running the Lightning Network Daemon (LND) software.…

Bitcoin Improvement Proposal 110 Enters Mandatory Signaling Phase Amidst Scant Miner Support, Raising Questions on Network Governance and Data Usage

Bitcoin Improvement Proposal 110 (BIP-110) formally entered its mandatory-signaling phase at block 961,632 on Saturday, marking a critical juncture for the contentious proposal aimed at temporarily restricting certain types of…

Spot Bitcoin ETF Demand Surges Amidst Security Concerns Following Coldcard Hack, Reshaping Investor Strategy

Demand for US spot Bitcoin exchange-traded funds (ETFs) experienced a robust resurgence this past week, drawing nearly $1 billion in net inflows. This significant rebound signals a renewed investor appetite…