Category: crypto

Researcher Carl Beek and Julian Ma are leaving the Ethereum Foundation, adding to a series of departures this year. Beek worked on the Beacon Chain for seven years, while Ma focused on FOCIL and faster Ethereum Layer 2 confirmations. Their exits highlight challenges for the foundation in maintaining research work and managing protocol updates.

Echo Protocol, a Bitcoin-focused DeFi platform, was exploited when an attacker minted unauthorized eBTC tokens on the Monad deployment, resulting in about $76.7 million in synthetic Bitcoin tokens. The attacker moved some funds through decentralized lending markets, with most of the unauthorized supply remaining untouched. The exploit was attributed to a compromised admin private key,…

Kevin Warsh is set to become the new Federal Reserve chair as traders decrease expectations for rate cuts before the next policy meeting. Market data shows low chances for rate cuts in 2026, raising concerns about inflation and a divided Fed. Warsh’s appointment also sparks concerns about Fed independence and potential impact on crypto policy.

Swan Bitcoin is facing a $970 million lawsuit from the PCT Litigation Trust over transfers made before the bankruptcy of crypto custodian Prime Trust in 2023. The lawsuit alleges that Swan moved Bitcoin, cash, stablecoins, and XRP out of Prime Trust before its bankruptcy filing, using insider information to avoid losses. Swan disputes the claims,…

The U.S. Securities and Exchange Commission is considering an exemption that would allow blockchain platforms to offer tokenized versions of publicly traded stocks without direct approval from the companies. The proposal may require tokenized stocks to have the same rights as traditional shares, including dividends and voting access. This could open up new opportunities for…

The U.S. Securities and Exchange Commission has rescinded a policy that prevented defendants in enforcement settlements from publicly denying the agency’s allegations. This decision was made to improve transparency around SEC enforcement actions, with Commissioner Hester Peirce stating that forcing defendants to stay silent does not benefit market transparency or investor protection.

Hyperliquid’s HYPE token has surged 24% in six days, reaching near its all-time high. This was driven by factors such as the CLARITY Act, USDC growth, Bitwise’s HYPE pledge, and the launch of synthetic markets like SPCX. The rally also coincided with the positive progress of the CLARITY Act in the U.S. Senate.

House Republicans are working to make the ban on a U.S. central bank digital currency permanent in the revised 21st Century ROAD to Housing Act. They argue that the existing 2030 expiration date creates a future pathway for a Federal Reserve-issued digital dollar. The legislation aims to prevent the launch of a CBDC without congressional…

Solana generated $342.2 million in Q1 Chain GDP with PumpFun as top revenue-generating app. Its real-world asset market cap increased 43% to $2.01 billion in the first quarter. Alpenglow upgrade aims to reduce transaction finality to 150 milliseconds. Solana continues to focus on infrastructure upgrades for speed and reliability.

Bitcoin Depot, a Nasdaq-listed crypto ATM operator, has filed for Chapter 11 bankruptcy in Texas due to regulatory pressure and financial losses. Revenue fell 49.2% in the first quarter of 2026, and the company disclosed a $3.7 million crypto wallet breach. State regulators have introduced stricter compliance rules for crypto ATM operators.