Scallop Exploit Drains 150K SUI Through Deprecated Contract As Hidden Vulnerability Lurks For 17 Months

Scallop Confirms Targeted Exploit: 150,000 SUI tokens Siphoned From sSUI Rewards Pool. The Sui-based DeFi protocol Scallop has confirmed that it was the target of an exploit that drained roughly 150,000 SUI from its sSUI rewards pool while revealing a decades-old bug lurking inside a deprecated smart contract. As per the official statement of the … Read more

Polymarket Study Finds 3.14% Drive Accuracy

A new academic study finds that prediction market accuracy on Polymarket comes from a small group of informed traders, not the broad crowd of participants the industry typically credits. Key Takeaways: Researchers from London Business School and Yale found only 3.14% of Polymarket accounts qualify as skilled, yet generate most price discovery. Skilled Polymarket traders … Read more

Federal Reserve Set to Hold Rates at 3.75% as Traders Price 99% Odds for April 29 FOMC

Prediction markets and CME futures traders have converged on one outcome ahead of the April 29 Federal Open Market Committee (FOMC) meeting: the Federal Reserve will hold rates steady, and likely will continue doing so well into the summer. Key Takeaways: CME Fedwatch puts a Fed hold at 99% for the April 29 FOMC meeting, … Read more

Litecoin Confirms Zero-Day Bug Caused 13-Block Reorg, Network Patched and Stable

Litecoin’s official account confirmed on Saturday afternoon that a zero-day bug triggered a denial-of-service attack against major mining pools, leading to a 13-block chain reorganization that reversed invalid transactions before they could settle on the main chain. Key Takeaways: Litecoin confirmed a zero-day bug hit major mining pools on April 25, 2026, enabling invalid MWEB … Read more

Ethereum Foundation Sells 10,000 ETH In OTC Deal As Exchange Outflows Surge

Ethereum Foundation confirms it sold 10,000 ETH via direct (OTC) sale to BitMine as treasury management activity under high market sensitivity. The following announcement states that the ETH was sold at an average unit price of $2,387. Sale proceeds go towards core operational activities, such as protocol development, network expansion and community grants, three of … Read more

Metaplanet In Major Treasury Move Issues 8 Billion Yen Zero Interest Bonds For More Bitcoin

Japanese investment firm Metaplanet has ramped up its Bitcoin purchase strategy by issuing 8 billion yen (close to $50 million) in non-interest bearing ordinary bonds solely for the purpose of further purchasing Bitcoin. Such action highlights an increasing trend among corporations where companies actively reorganize their balance sheets to have greater exposure to digital assets. … Read more

‘We Are DeFi, so MiCA Does Not Apply to Us.’ Sorry, but EBA and ESMA Have a Different Point of View

Do you think that DeFi projects are exempt from European regulation? Think again. Regulators look past technical architecture to assess who actually wields operational control. Discover why the “fully decentralised” exemption is exceptionally narrow and how this substance-over-form test dictates your MiCA obligations. MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored by … Read more

Sonic Builds Quantum-Ready Blockchain With Simpler Architecture

Sonic is redesigning its blockchain architecture to ease the transition to quantum-resistant cryptography. The approach avoids complex signature aggregation used by most proof-of- stake networks. Key Takeaways Sonic redesigns proof-of- stake to avoid Boneh–Lynn–Shacham aggregation, easing quantum upgrades. Shor’s algorithm risk pushes shift from Elliptic Curve Digital Signature Algorithm to hash-based schemes. Sonic Consensus System … Read more

BIS Report: Crypto Earn Products Resemble Deposits With No FDIC Protection

The Bank for International Settlements (BIS) published a Financial Stability Institute report in April 2026, warning that the largest crypto platforms now operate as financial intermediaries without the capital buffers, deposit insurance or central bank access that apply to traditional banks. Key Takeaways: The BIS Financial Stability Institute warned in April 2026 that major crypto … Read more

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