A United States court has ordered the reversal of a freeze on approximately $12.5 million of USD Coin (USDC) held within a smart contract operated by the privacy protocol Zama.
The actor responsible for the 18 April exploit of Kelp DAO has successfully laundered approximately $220 million of the $293 million in stolen assets. The funds, originally drained as 116,500 restaked ETH (rsETH), were laundered over six weeks using a multi-stage, cross-chain process.
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
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.
Iran has launched a maritime insurance platform called Hormuz Safe, designed to provide shipping coverage for vessels transiting the Strait of Hormuz using Bitcoin for settlement. The initiative marks one of the clearest examples yet of a nation state integrating public blockchain infrastructure int
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 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
Modern crypto promised decentralization, yet much of the industry now bends under pressure. From Tornado Cash sanctions to halted chains and curated frontends, this deep dive explores why immutable systems like PulseChain may represent the next true evolution of blockchain sovereignty.
For years, stablecoins existed in a strange parallel world. Billions of dollars moved across blockchains every single day, yet most of the infrastructure lived outside the traditional banking system. Regulators circled it cautiously. Governments studied it quietly behind closed doors. Banks largely
ZetaChain recently suffered a $334,000 exploit targeting its cross-chain gateway contract, an incident that was entirely preventable. The vulnerability used to drain funds across Ethereum, Arbitrum, Base, and BSC had been previously flagged by a researcher through the project’s bug bounty program. H
The USDC liquidity pool on Aave V3 Ethereum Core has reached a state of total exhaustion, with utilisation pinned at 99.87 percent for four consecutive days. Following the KelpDAO exploit on 18 April, the pool has effectively ceased to function as a liquid market. Currently, 1.89 billion dollars in