Category: crypto

BTCPay Server has warned users to immediately install version 2.4.2 due to ongoing exploitation of a critical vulnerability that could result in stolen funds. Users unable to update should shut down their servers. The project has not disclosed specifics of the attack, financial losses, or vulnerable versions.

A crypto user named David lost his life savings after clicking on a sponsored Google result that directed him to a phishing website impersonating Trezor. Trezor warns users of the increase in phishing websites in sponsored search results and advises caution when entering wallet recovery information on unfamiliar websites to prevent theft.

Circle has launched native USDC and Cross-Chain Transfer Protocol on OKX’s X Layer, providing direct access to the regulated stablecoin for developers and businesses. This integration eliminates the need for bridged tokens and allows for cross-chain USDC transfers without wrapped assets. USDC support has expanded to 36 networks and CCTP connects 26 blockchains.

Bybit has filed a lawsuit in a U.S. federal court against North Korea, its intelligence agency, and the Lazarus Group to recover assets stolen in a $1.5 billion cryptocurrency hack. A preliminary injunction has frozen certain stolen assets, and Bybit continues to pursue the case separately from ongoing criminal investigations.

SpaceX stock surged 14% after Argus upgraded it to Buy with a $160 price target. Insider selling did not trigger a sell-off, and weak U.S. jobs data reduced rate hike expectations, benefiting growth stocks. The stock reached $131.06, rebounding from an August low of $105, and ARK Invest purchased 181,830 shares.

The CLARITY Act vote has been delayed until September, causing uncertainty in the crypto market. Bitwise CIO Matt Hougan predicts a brief negative market reaction, but believes prices will recover in the fall. The bill aims to establish federal oversight for digital assets, but disagreements over various provisions remain unresolved.

SharpLink CEO Joseph Chalom opposes an Ethereum proposal to eliminate issuance-based staking rewards, arguing that it could weaken Ethereum’s appeal to institutions and increase capital costs in decentralized finance. Chalom supports controlling issuance but wants Ethereum to rely on its existing base-fee burn instead of the proposed model.

The CFTC warned regulated prediction markets against displaying American-style gambling odds as state authorities try to classify sports event contracts as unlicensed betting. New York is seeking $36 billion from Kalshi for alleged gambling violations, prompting Kalshi to seek emergency protection from Utah enforcement while appealing. The CFTC reminded markets to comply with derivatives laws…

Plume joined DTCC’s Digital Assets Solutions Industry Working Group, which includes firms like Nasdaq and Charles Schwab. The group provides feedback on DTCC’s tokenization service, with a planned October launch. Plume’s membership does not mean DTCC selected them as a supported blockchain, issued assets through their network, or entered a commercial integration.

Blockchain.com has obtained a Virtual Asset Service Provider custody license from the Cayman Islands Monetary Authority, allowing the company to offer regulated crypto services in the jurisdiction. This follows recent approvals in Europe and the UK. The company plans to expand its presence in the Cayman Islands through a partnership with TechCayman.