Category: crypto

Renegade.fi recovered $190,000 after a white hat hacker exploited a vulnerability in its Arbitrum dark pool and returned over 90% of the stolen assets. The exploit was due to faulty code deployment and migration in April 2025. The incident has raised concerns about DeFi infrastructure security and the need for better design.

Digital Asset Holdings is raising $300 million at a valuation near $2 billion, with a16z crypto leading the round. The company’s focus on privacy-focused institutional blockchains, particularly with its Canton Network, has attracted major financial names like Visa and DTCC. This funding round would mark a significant vote of confidence in Canton’s role in institutional…

The XRP Ledger ecosystem is set to launch two major upgrades that will expand its capabilities beyond payments and settlements. The upgrades include a native lending protocol and smart escrows, aiming to create a decentralized credit hub on XRPL without compromising transaction speed. Ripple is focusing on long-term research, while XRPL Commons is enhancing user-facing…

Cardano’s Lace Web3 wallet has been updated in preparation for the Van Rossem hard fork. Lace 2.0.3 and 2.0.4 address migration, DApp connection, and wallet issues while adding new features. The hard fork targets Protocol Version 11 for late June, aiming to improve performance and security. The update streamlines asset management across ecosystems.

Global markets are facing a significant week with inflation reports, geopolitical news, and economic data. Iran responded to a US proposal, denying claims of surrender. Traders are monitoring CPI, PPI, retail sales, and industrial production data. Bitcoin traders are watching for macro volatility. The market is uncertain due to Iran’s comments.

Strategy CEO Phong Le emphasized that the company’s success is not solely reliant on Bitcoin held on its balance sheet. Q1 revenue increased by 11.9% to $124.3 million, with cloud revenue growing by 59%. Strategy’s software business is integral to its long-term model, providing essential infrastructure and operations.

Trump Media & Technology Group reported a $405.9 million net loss in the first quarter of 2026, mainly due to non-cash charges related to unrealized losses on digital assets like Bitcoin and Cronos. Despite the loss, the company reported positive operating cash flow and revenue increase. The company is still building its platform and financial…

Binance co-founder Changpeng “CZ” Zhao claimed that rival crypto exchanges in the US opposed his pardon request before President Donald Trump granted clemency in October 2025. Zhao admitted he had no concrete evidence to support this claim, which has sparked debate about his pardon and Binance’s future in the US market.

Seven major Bitcoin mining pools have joined the Stratum V2 working group to improve communication between pools and miners. Foundry and AntPool control a large share of global Bitcoin mining hashrate. Up to 20% of Bitcoin miners may be unprofitable. The new members will work on wider adoption of Stratum V2 to improve mining efficiency.

Bill Hughes believes that clear rules for cryptocurrencies could lead to more trading activity on US-based platforms. The CLARITY Act aims to define when digital assets are considered securities or commodities. The Senate faces a tight timeline to review the bill before the August recess. Banking groups are pushing back against the bill over stablecoin…