On 17 May 2026, an attacker exploited a vulnerability in the Verus-Ethereum bridge, extracting digital assets valued at approximately $11.6 million. The stolen assets, which included various tokens native to the Verus ecosystem, were immediately swapped for Ether (ETH) on decentralized exchanges. Th
The fight for who gets to trade oil and gas futures has spilled out of the regulated world and onto a blockchain. The incumbents, Intercontinental Exchange and the Chicago Mercantile Exchange, are now lobbying American regulators to shut the door. Their target is a decentralized derivatives exchange
Read pMINT as a leveraged social wrapper on pDAI conviction, not as free yield. Then decide whether that is a feature or a warning.
A law firm in New York believes it has found a way to pay for old acts of terrorism with new digital money.
THORchain is offline. The entire network was halted by its operators after an attacker drained roughly $10.8 million from its liquidity pools on May 15th. All swaps, deposits, and withdrawals are frozen. The theft hit native assets from Bitcoin, Ethereum, BNB Chain, and Base, and the protocol's RUNE
A contract declared dead two years ago just drained $1.88 million from user wallets. On May 13, the cross-chain aggregator Transit Finance announced the loss, which occurred on the TRON network. The attacker used what the team called “historical vulnerabilities” in a legacy smart contract, one the p
A slate of proposed amendments to the CLARITY Act would make writing open-source financial software a regulated, and potentially criminal, activity in the United States. Filed by a group of Democratic senators including Elizabeth Warren, the changes aim to dismantle the legal distinction between bui
The Central Bank of Iran now has a public transaction history. Two of its wallets on the Tron network, holding some $344 million, were not only frozen but also permanently tagged for the world to see. The public doxing came from the analytics firm Arkham Intelligence on May 11, following a US Treasu
Pavel Durov recently shared new validator distribution data for TON, highlighting the network’s 400 validators spread across six continents while arguing that Telegram becoming the largest validator actually helped reduce centralization risk by opening the door for major custodians and exchanges to
The wrench attack has a name for a reason. For one victim, it meant being forced to transfer $6.5 million in crypto to an attacker's wallet. A federal grand jury has now unsealed an indictment against three men, Elijah Armstrong, Nino Chindavanh, and Jayden Rucker, for this and other planned home in
The state’s favorite tool for controlling a crisis is the internet kill switch. When the streets fill with protestors in places like Iran or India, the first move is to black out the network. The response is a scramble for networks the state does not own. This has pushed three types of ad-hoc system
The price of proving you are human just went up. You now need the right kind of phone.