Bitcoin, Ethereum-Linked Protocols Lose $35 Million in Coordinated Attacks Within Hours
Crypto’s bridges and cross-chain protocols endured a brutal 24 hours this week, with at least three separate exploits draining more than $35 million from decentralized platforms in roughly six hours. The cluster of attacks, detected by security firms Blockaid and…
Pump.fun launches BOOST mode to recycle dead liquidity through token burns
Pump.fun has introduced BOOST mode, a new launch mechanism that automatically converts “dead liquidity” into token buybacks and burns, aiming to strengthen newly launched memecoins after they migrate from the platform’s bonding curve. The feature became the default launch mechanism…
Pavel Durov Wants to Give a Billion Telegram Users a Native Crypto Wallet
Telegram is preparing what could become the largest cryptocurrency onboarding initiative ever attempted. Founder and CEO Pavel Durov has announced plans to integrate a native non-custodial crypto wallet directly into every version of Telegram, giving the messaging platform’s more than…
Vietnam to Fine Crypto Traders Up to $1,900 for Using Unlicensed Platforms Starting September 1
Vietnam is set to introduce its toughest cryptocurrency enforcement measures to date, with domestic investors facing fines of up to 50 million Vietnamese dong (approximately $1,900) for trading digital assets through unlicensed platforms. The new penalties, which take effect on…
Bitcoin ETFs Post First Five-Day Inflow Streak Since April as Institutional Demand Returns
U.S. spot Bitcoin exchange-traded funds (ETFs) extended their recovery on July 20, recording a fifth consecutive trading day of net inflows for the first time since late April. The renewed buying streak signals a notable shift in institutional sentiment after…
Hyperliquid Plans Permissionless Outcome Markets With HIP-4 Upgrade, Expanding Prediction Market Ambitions
Hyperliquid is preparing to open its outcome markets to permissionless deployment, marking the next phase of its HIP-4 upgrade and positioning the decentralized exchange to compete more directly in the rapidly expanding prediction market sector. The project announced on July…
South Korea Cracks Down on 40 Crypto Manipulation Cases Since the 2024 Law
South Korea’s financial regulators have investigated around 40 cases of suspected crypto market manipulation since the country’s landmark Virtual Asset User Protection Act took effect in July 2024, underscoring the government’s increasingly aggressive approach to policing digital asset markets. The…
Robinhood Chain’s Biggest Launchpad Shuts Down After Collecting $12 Million in Fees
Noxa, the dominant token launchpad on Robinhood Chain, abruptly halted operations in mid-July after generating an estimated $12 million in cumulative fees, according to DefiLlama data, with some trackers placing the total closer to $14.5 million. The shutdown has rattled…
ESMA Adds 14 Firms to MiCA Register, Ripple Among Newcomers
The European Securities and Markets Authority has expanded its Markets in Crypto-Assets register with 14 additional companies, pushing the total number of licensed crypto-asset service providers in the European Union to 294. Ripple Payments Europe SA, the payments arm of…
Keyrock Acquires BlockFills Trading Assets to Expand Institutional Crypto Business
Keyrock has completed the acquisition of the trading and brokerage assets of BlockFills’ institutional digital asset business, expanding its capabilities in institutional cryptocurrency trading as demand for professional digital asset services continues to grow. Announced on Thursday, the transaction adds…
