Watch the terms attached to the rescue. A crisis can leave you paying twice: once for the shortage, then with your freedom. Fuel. Food. Water. Compute. How much of your life are you willing to put behind an approval screen? The Permission Economy.
On 30 May, Circle, the issuer of the USDC stablecoin, executed a freeze on a smart contract address belonging to the privacy protocol Zama. The action, taken in compliance with a court-ordered restraining order, has immobilised approximately 12.6 million USDC. The target of the legal action is a sin
The United States Treasury Department has seized approximately $1 billion in cryptocurrency assets linked to the Iranian state. The action, confirmed by Treasury Secretary Scott Bessent, is a component of Operation Economic Fury, a broad financial pressure campaign targeting Tehran.
Sui's back to back outages weren't just technical failures. They were a stress test of the network's decentralization.
Some people don’t fight the old system. They teach the rebellion how to speak its language.
Sovereign infrastructure began coordinating in response to centralised consolidation. Allied Builders launched. South Carolina codified self-custody rights. Four exploit classes emerged in five days. This week the connective layer began emerging on both sides of that divide simultaneously.
A sophisticated software supply chain attack, codenamed TrapDoor, is actively targeting developers in the cryptocurrency and artificial intelligence sectors.
Binance is publicly denying a media report alleging the exchange processed approximately $850 million in transactions for a network connected to sanctioned Iranian financier Babak Zanjani. The funds were reportedly channeled, in part, to Iran’s Islamic Revolutionary Guard Corps (IRGC).
A malicious node operator on the THORChain network successfully drained approximately $10.7 million from one of the protocol’s liquidity vaults. The attack was executed by exploiting a vulnerability in the network's implementation of the GG20 threshold signature scheme (TSS).
The NEAR Foundation has announced the activation of a confidential payments feature built upon its new Intents protocol. The initial implementation enables users to execute private cross-chain swaps, sending NEAR tokens from the NEAR network and receiving ETH on the Ethereum mainnet. The system is d
An attacker has drained more than $600,000 from a Polymarket-linked smart contract on the Polygon network. The incident stemmed from the compromise of a single private key associated with an operational wallet.
The court-appointed administrator for the bankrupt Terraform Labs has initiated legal action against the quantitative trading firm Jane Street. A lawsuit filed in Manhattan federal court alleges that Jane Street used a private Telegram channel to obtain and act upon non-public information, enabling
Zero Trust Network has announced Allied Builders, a new initiative focused on uniting aligned communities and infrastructure across crypto around self custody, immutable systems, peer to peer exchange, and open network coordination.