A newly formed consortium including BlackRock, Coinbase, and Strategy has committed $15 million toward research aimed at protecting Bitcoin from potential future threats posed by quantum computing. Advances in quantum technology could eventually undermine the cryptographic protections that secure Bitcoin wallets and transactions, prompting concern among major industry players. According
The acquisition signals deepening ties between South Korea's traditional finance sector and its cryptocurrency industry, as regulatory attitudes gradually soften. Korbit, launched in 2013 as the country's first cryptocurrency exchange, has been absorbed into Mirae Asset Group, a financial conglomerate managing roughly $1 trillion in assets.
The Verus-Ethereum bridge suffered its second major exploit in two months, with attackers draining $7.54 million by targeting the same class of vulnerability exploited in May, according to security firm Blockaid. Cross-chain bridges remain a frequent target for attackers because they hold large pools of locked assets
A series of exploits struck cross-chain infrastructure within hours of each other, exposing recurring weaknesses in how protocols manage administrative access and validate transactions. The attacks targeted Verus, B² Network and other systems that connect Bitcoin and Ethereum, resulting in roughly $35 million in combined losses. According to reports,
The Arbitrum-based platform AFX Trade suffered a $24 million loss after an attacker gained control of enough hot-validator signatures to authorize a fraudulent withdrawal, according to security firms. The exploit allowed the attacker to approve a 24.15 million USDC withdrawal, exploiting weaknesses in the platform's
Security firm Blockaid identified a bridge exploit targeting AFX Trade, a protocol operating on the Arbitrum network, resulting in losses of roughly $24 million. According to blockchain analytics provider PeckShield, the attacker moved the stolen assets from Arbitrum to Ethereum, then converted them into 12,467 ETH. Bridges, which allow
PIPE deals, or private investment in public equity, let companies raise capital by selling shares to select investors, and Zhibao Technology intends to receive its funding in cryptocurrency rather than cash. The Nasdaq-listed Chinese insurance-technology firm has proposed accepting 3,500 bitcoin as part of a $220 million