Category: crypto

BitMart is facing insolvency allegations as an OpenGradient co-founder claimed that his market-making team cannot withdraw funds locked on the exchange. BitMart denied misusing funds but has not published a full proof-of-reserves report. Withdrawal complaints have followed BitMart’s shutdown, raising concerns about its ability to process withdrawals.

BlackRock Canada has launched IBQT, an ETF on the Toronto Stock Exchange with 97% equities and 3% Bitcoin. They also introduced XINT, an international equity fund. IBQT’s management fee is 0.22%, and the fund is managed by BlackRock Asset Management Canada. BlackRock’s U.S. Bitcoin ETF attracted $693 million.

Mysten Labs has introduced Tessera, a B2B settlement prototype that allows KYC-approved businesses to settle invoices using a confidential stablecoin. Payment amounts are encrypted, while counterparties can view transactions. Seal MPC grants temporary access to regulators and arbiters. The prototype supports one-time transfers, recurring payments, and disputed-payment arbitration.

Coinsbuy offered a $100,000 reward for information on unauthorized withdrawals that drained $7.9 million from its wallets. The company covered all client funds, restored services, and is investigating the incident. Stolen assets were traced through exchanges, with some converted into Monero. The reward aims to identify the culprits and recover assets.

Ethereum staking has reached a record 41.7 million ETH, locking one-third of the circulating supply despite a significant drop in market price. Staked ETH has increased by 5.5 million ETH since January even as the price fell from $3,400 to $1,900. Developers are debating a reduction in issuance as staking grows.

Bitcoin Policy Institute and over 40 digital-asset organizations are requesting leading AI labs to provide trusted access to advanced AI models for qualified open-source security researchers. The coalition aims to prevent AI-assisted cyberattacks by allowing researchers to identify and fix vulnerabilities in Bitcoin infrastructure before they are exploited.

Ethereum’s updated roadmap, according to co-founder Vitalik Buterin, includes native rollups, stronger privacy, and post-quantum scaling as advances in cryptography and AI reshape the network’s long-term technical priorities. Quantum security has moved higher in priorities compared to its 2023 roadmap, with new areas like blob and gas futures. Ethereum is also exploring native privacy mechanisms…

Ripple has voted to support two XRP Ledger amendments introducing single-asset vaults and fixed-term institutional lending at the network’s protocol level. The amendments, XLS-65 and XLS-66, have garnered support but need over 80% support from validators for two consecutive weeks to be activated. This framework could support loans funded with various XRPL-issued assets.

A federal judge paused the CFTC’s civil case against a US Army soldier accused of using classified information to earn $400,000 from Polymarket contracts related to Nicolás Maduro’s removal. The criminal case will proceed first. The soldier pleaded not guilty, challenging whether the contracts legally qualify as swaps, shaping future insider trading cases.

Crypto industry leaders are frustrated after the U.S. Senate failed to advance the CLARITY Act before recess, facing a crucial procedural vote weeks before the 2026 midterm elections. The Act needs at least 60 Senate votes, with criticism over ethics restrictions and stablecoin rewards dividing senators. Prediction markets are split on the Act’s passage.