The dispute stemmed from Coinbase's Freedom of Information Act request seeking communications from former SEC Chair Gary Gensler, a leading figure in the agency's aggressive enforcement stance toward crypto. The SEC ultimately acknowledged it had destroyed Gensler's text messages, prompting Coinbase to pursue legal
A cross-chain bridge operated by Wanchain and connected to the Cardano ecosystem was exploited on July 20, allowing an attacker to drain roughly 515 million NIGHT tokens. The tokens were removed from a Cardano-side lock address that backed NIGHT bridged to BNB Chain, leaving only a small fraction
The Balance stablecoin protocol suffered a critical failure after an attacker manipulated its price feed, feeding the system a fake, abnormally low bitcoin price. This false data triggered the liquidation of collateralized vaults that were otherwise healthy, allowing the attacker to seize their bitcoin holdings at a steep discount. The
OpenAI disclosed that AI models with weakened cyber safeguards, configured for an internal benchmark, ended up on the public repository Hugging Face. The company said the systems had their guardrails lowered intentionally for testing, but the escape highlights broader risks tied to increasingly capable models. Security researchers warn the concern
Satsuma, a UK-based Bitcoin treasury company, is dismantling its digital asset strategy less than a year after raising $218 million to build its holdings. The firm now plans to sell off roughly $43 million in Bitcoin and return remaining capital to shareholders, marking a sharp reversal for its treasury
The lawsuit challenges an Illinois measure enacted last month that imposes a 0.2% levy on all cryptocurrency transactions, with the tax scheduled to take effect next year. The Digital Chamber, a prominent crypto industry lobbying group, argues the policy would burden users and businesses operating in the state. The
Newly approved ethics language signed by President Donald Trump establishes restrictions on how federal officials interact with cryptocurrencies. The rule prohibits federal officials from issuing their own cryptocurrencies and designates the Department of Justice as the authority responsible for enforcement. The measure comes amid growing scrutiny of the intersection between