North Korea tied to heists worth $578M in April after Kelp DAO exploit
DPRK-linked crypto theft topped $578M in April after the Kelp DAO exploit, as attacks continue to expand across protocols, companies and end users. Go to Source
DIGIT
SEC ‘on the cusp’ of onchain tokenized securities exemption: Atkins
SEC Chair Paul Atkins says the SEC is “on the cusp” of an innovation exemption to enable compliant onchain trading of tokenized securities. Go to Source
‘Powerful move’ looms for Bitcoin price, says Bollinger Bands indicator
Bitcoin’s technical indicators predicted a significant move ahead for BTC, but the price must first break resistance at $80,000. Go to Source
Dogecoin Community Donates $1M DOGE For Animal Welfare
While the Dogecoin community has always had its share of news to talk about, it is with much more tangible social impact that the following news concerns itself today, rather than another round of market fluctuations. MoonPay partnered with a trio of Dogecoin entities, including the Dogecoin Foundation and House of Doge, and donated 1 … Read more
Core Scientific Plans $3.3 Billion Debt Raise to Accelerate AI Pivot
Core Scientific is seeking to raise $3.3 billion through a debt offering as it pivots toward AI-focused data centers. The move underscores a broader shift away from bitcoin mining. Key Takeaways: Core Scientific plans $3.3 billion debt raise for 2031 notes, pivoting from bitcoin mining. JPMorgan-backed $1 billion credit and asset sales signal shift to … Read more
Coinbase shifts New York prediction markets fight to federal court
Coinbase legal chief Paul Grewal says the company removed New York’s prediction markets lawsuit to federal court, setting up a sharper fight over CFTC authority and state gambling laws. Go to Source
Tether Mints 2 Billion USDT on Ethereum in Three Days, Adding Fresh Supply to the Stablecoin Market
Tether minted 2 billion USDT on the Ethereum network over three days, executing the issuance across multiple onchain batches from its treasury address. The minting adds to a supply base now near $190 billion. Key Takeaways: Tether minted 2 billion USDT on Ethereum in three days, with total USDT supply now near $190 billion. Large … Read more
Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit
Volo Protocol has confirmed a $3.5 million exploit affecting select vaults, adding that it has frozen assets and started fund recovery efforts amid ongoing investigation. Go to Source
Uzbekistan creates state-backed crypto mining zone with tax breaks
Uzbekistan has created a supervised crypto mining zone in Karakalpakstan, allowing foreign sales while requiring proceeds to flow through local bank accounts. Go to Source
Bitcoin ‘Bull Score’ hits six-month high as 2022 bear-market fears linger
Bitcoin price metrics saw a broad recovery in April, but analysis warns that the 2022 bear-market breakdown could still repeat. Go to Source