US authorities have moved to seize $26.4 million across five separate cryptocurrency scam cases, part of a broader Department of Justice effort that has recovered roughly $800 million in fraud-linked assets. Court filings reveal an asset-first approach, in which prosecutors prioritize locating and restraining digital funds early
A security breach involving the Wanchain bridge briefly drove the Midnight token, NIGHT, to an all-time low before it recovered 19%. The incident has renewed scrutiny of cross-chain bridge infrastructure, which has historically been a frequent target for exploits in the crypto sector. Cardano founder Charles Hoskinson responded
Prediction markets like Polymarket and Kalshi are becoming harder to profit from as proprietary trading firms deploy AI agents to price outcomes faster and more accurately. Ahead of the Federal Reserve's July 28-29 rate decision, traders are positioning across bonds, currencies, crypto and event contracts that settle
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