Category: crypto
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Aave restores WETH borrowing as Kelp DAO recovery moves ahead
Aave has resumed wrapped Ether borrowing across affected markets following the Kelp DAO exploit. Legal disputes over 30,765 ETH tied to the exploit are ongoing. Aave’s liquidity conditions are adjusting post-exploit, with recovery efforts continuing. Kelp DAO plans to discontinue rsETH bridging on multiple networks after June 15 as part of a security-focused consolidation effort.
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China, US and UAE team up in rare Dubai crypto scam raid
Chinese, American, and Emirati authorities conducted their first joint law enforcement operation against telecom and online fraud in Dubai, resulting in the dismantling of nine fraud dens and the arrest of 276 suspects. The operation targeted crypto romance scams that led victims to invest in fake cryptocurrency platforms, resulting in significant financial losses. The crackdown…
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DOJ says alleged Dream Market admin laundered crypto into gold
The U.S. Department of Justice has charged German citizen Owe Martin Andresen for money laundering linked to the now-defunct darknet marketplace Dream Market. Andresen allegedly used dormant administrator wallets to move funds and purchased gold bars. Authorities seized $1.7 million in gold bars, cash, and crypto assets. Andresen was arrested in Germany on parallel charges.
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Is Q-Day crypto’s next threat as blockchains rush quantum fixes?
CNN has brought attention back to Q-Day, the potential future point when quantum computers could break common encryption systems. Concerns have been raised about the security of internet traffic and crypto wallets, prompting some networks like Solana to start testing post-quantum defenses. NEAR warns of ownership disputes in case of quantum attacks. NIST advises organizations…
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Intesa Sanpaolo’s crypto holdings jump to $235M as XRP enters
Intesa Sanpaolo more than doubled its crypto exposure to $235 million in the first quarter of 2026. The bank added Ether and XRP positions while reducing its Solana holdings. Intesa also increased its Bitcoin ETF exposure through listed products. This move follows earlier Bitcoin purchases and shows a trend of European banks entering the crypto…
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Firedancer quietly hits Solana mainnet, but validators must wait
Jump Crypto’s Firedancer has successfully entered production on the Solana mainnet and is now producing blocks. The validator client adds client diversity to Solana, but Jump Crypto advises caution and recommends waiting for full security audits before switching validators at scale. The project has processed millions of transactions and aims to reduce supply-chain risk.
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How much crypto did President Trump officials disclose? At least $193M
Nearly 70 Trump administration officials and nominees disclosed cryptocurrency holdings or investments in blockchain and digital asset companies, totaling at least $193 million. This includes President Trump, Vice President JD Vance, and members of the Cabinet. The administration is also taking steps to establish regulatory clarity for digital financial technology. Recent filings show continued Trump-family…
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Bitcoin steadies near $78K as Iran responds to U.S. peace terms
Iran has responded to U.S. conditions for a peace deal. Bitcoin prices remained around $78,000 as traders considered Iran’s demands and the risk of war in the Middle East. Iran wants an end to the war, sanctions lifted, and frozen funds released, while the U.S. demands differ. Bitcoin reactions were cautious.
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Can Circle recover lost USDC? User complaints reignite old debate
USDC users are questioning if Circle should offer a clearer recovery process for mistaken token transfers. Tether’s recovery page states some mistaken USDT deposits may be reviewed case by case. Circle’s terms state transactions are generally nonrefundable and warn of permanent loss if sent to unsupported addresses. Tether has frozen more stablecoin value globally.
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SBI, Rakuten and Nomura prepare crypto investment trusts in Japan
Japan’s major brokerage groups, including SBI and Rakuten, are preparing in-house crypto investment trusts for retail investors. Other firms like Nomura, Daiwa, SMBC, and Mizuho-linked companies are also studying crypto fund products as regulations evolve. Japan’s 2028 roadmap could allow investment trusts and ETFs to hold Bitcoin and Ether.