Crypto News
Senate's Clarity Act Progress Hindered by Stablecoin Yield Debate
A sideshow stablecoin yield debate has dragged the market structure bill through months of delay, even as the Senate's available floor time diminishes for 2026.
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Legal Battle Between New York and Crypto Exchanges Over Prediction Market Offerings
<p>New York has filed a lawsuit against major cryptocurrency exchanges Coinbase and Gemini over their prediction market offerings, alleging that these contracts violate state gambling laws. The state argues that these markets, especially those related to sports and entertainment, are not compliant with regulations.</p>
Crypto Experts Warn of Impending Quantum Computing Threat
In a recent report by the Coinbase advisory board, concerns are raised about the looming threat of quantum computing on the crypto industry. The 50-page paper emphasizes the need for proactive measures to safeguard blockchain security.
Fireblocks to Launch Euro Stablecoin for Qivalis Consortium of Banks
A group of twelve major banks, including Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit, have joined forces in the Qivalis consortium to create a new euro stablecoin through Fireblocks.
North Korea's Ongoing Crypto Heist Campaign Targets DeFi Platforms
More than $500 million was siphoned across the Drift and Kelp exploits in just over two weeks. What once looked like isolated breaches now resembles a sustained campaign, likely driven by the financial needs of a sanctioned state.
Aave's Potential Losses Soar After Kelp DAO Bridge Exploit Shakes DeFi Landscape
Aave published a report outlining two possible outcomes: around $123 million in losses if damage is shared across all rsETH, or up to $230 million if confined to Layer 2s, with the final impact depending on how Kelp DAO allocates the shortfall.
Kelp DAO Blames LayerZero for $290 Million Disaster
The liquid restaking protocol accused LayerZero of being responsible for the massive $290 million disaster due to their 'default' settings.
Market Volatility: Bitcoin, Ether, Solana Decline as Oil Prices Surge Amid Escalating U.S.-Iran Tensions
Bitcoin, ether, and solana are experiencing a downward trend while oil prices surge amidst growing tensions between the U.S. and Iran.
Crypto Developers Rush to Secure API Keys After Vercel Hack
Breach tied to compromised AI tool may have exposed credentials used by app frontends, the user-facing layer that connects web3 wallets and trading interfaces to backend services.