Regulation
11:46
The CLARITY Act, which aims to establish a comprehensive regulatory framework for the broader crypto industry, is advancing through Congress and prompting varied market reactions. Bloomberg ETF analyst James Seyffart argued the legislation should have little direct impact on Bitcoin's price, since the asset already enjoys the structures
1 min read
DeFi
10:46
AFX Trade, a perpetuals decentralized exchange built on Arbitrum, has suffered a $24 million exploit that targeted a custody bridge the platform operates rather than the underlying Arbitrum network. According to reports, the attacker quickly moved the stolen assets to Ethereum, a common tactic to complicate tracing and recovery efforts.
1 min read
Markets
10:01
The $69,000 level marks the average cost basis for short-term holders, according to Glassnode, meaning Bitcoin currently trades below the price at which many recent buyers entered. At roughly $65,978, the token sits in a zone that could pressure short-term holders and expose the durability of
1 min read
Markets
09:01
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.
1 min read
DeFi
08:46
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
1 min read
Tech
06:46
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,
1 min read