Tag: #crypto

THORChain Confirms Exploit, Opens Claims Portal; Announces ~$10M Treasury Refund

THORChain confirmed a cross-chain exploit affecting 12,847 wallets, opened a claims portal and announced a roughly $10M treasury-backed refund as probes continue.

#thorchain, #crypto, #security, #exploit

May 11: Posts From Keith Gill’s Verified X Account Briefly Pumped New Solana Meme Coin RKC, Then It Collapsed

On May 11, posts from Keith Gill’s verified X account sent a new Solana meme coin, RKC, up to $11M–$12M before it collapsed and roughly $2.86M was extracted.

#keithgill, #roaringkitty, #crypto, #solana, #memecoin

Coinbase to cut about 700 jobs, citing market weakness and an ‘AI era’ restructure

Coinbase will cut about 700 jobs—roughly 14%—and take $50–60M in restructuring charges amid weak crypto markets and a shift toward AI.

$COIN, #coinbase, #layoffs, #crypto, #restructuring

KelpDAO to Move rsETH Bridging From LayerZero to Chainlink CCIP After April Exploit

KelpDAO will shift rsETH bridging from LayerZero to Chainlink CCIP after an April exploit that released 116,500 rsETH and prompted DeFi freezes.

#crypto, #defi, #bridges, #security

April 2026 Was the Most-Hacked Month for Crypto as Drift and KelpDAO Thefts Top $625 Million

April 2026 saw 28–30 crypto exploits and roughly $625M stolen, largely from Drift Protocol and KelpDAO — attacks that exploited operational and cross‑chain weaknesses.

#crypto, #defi, #hacks

Tether Proposes Merging Twenty One Capital, Strike and Elektron Energy Into One Listed Bitcoin Company

Tether Investments proposed combining public bitcoin firm Twenty One Capital with Jack Mallers’ Strike and miner Elektron Energy to form a listed crypto company.

$XXI, #tether, #bitcoin, #merger, #crypto, #mining

Robinhood Q1 Revenue Up 15% as Crypto Revenue Falls 47%, Shares Slip

Robinhood reported Q1 revenue up 15% to $1.07B but crypto revenue plunged 47% and app crypto volume fell 48%, sending HOOD shares lower after-hours.

$HOOD, #robinhood, #crypto, #earnings, #stocks

SEC Chairman Says Agency Is “On the Cusp” of an ‘Innovation Exemption’ to Allow Tokenized Securities Trading

SEC Chair Paul S. Atkins said the agency is close to an ‘innovation exemption’ to permit a limited, compliant path for trading tokenized securities on-chain.

#sec, #crypto, #tokenization, #regulation

Report: Nobitex routed $2.3 billion in USDT across Tron and BNB; Tether froze $344 million

Reports say Iran's Nobitex routed $2.3B in USDT via Tron and BNB since 2023; Tether froze $344M after U.S. authorities flagged addresses.

#crypto, #tether, #iran, #sanctions

Army Master Sgt. Gannon Ken Van Dyke Charged With Insider Trading on Polymarket, CFTC Says

CFTC and Manhattan prosecutors say an Army master sergeant used classified info from a 2026 operation to earn over $400,000 trading on Polymarket.

#cftc, #polymarket, #insidertrading, #crypto

U.S. Spot Bitcoin ETFs Post Eight-Day Inflow Streak Through April 23, Adding About $2.1 Billion

U.S. spot Bitcoin ETFs recorded eight straight days of inflows through April 23, drawing about $2.1 billion and roughly 19,000 BTC, led by BlackRock's IBIT.

$IBIT, $BLK, #bitcoin, #etf, #blackrock, #crypto, #inflows

Aave Faces $123.7M–$230.1M Potential Loss After KelpDAO rsETH Bridge Exploit

Aave warns it may incur $123.7M–$230.1M in bad debt after a forged cross-chain packet exploited KelpDAO’s rsETH bridge and triggered major DeFi outflows.

#defi, #aave, #layerzero, #kelpdao, #crypto

BIS warns rapid growth of dollar-backed stablecoins could threaten credit and financial stability

BIS says the $315bn dollar-backed stablecoin market could affect credit, Treasury funding and monetary policy and urges coordinated global rules.

#stablecoins, #crypto, #centralbank, #regulation

LayerZero links $292M Kelp DAO exploit to DPRK-linked Lazarus Group

LayerZero says a forged cross‑chain message let attackers drain 116,500 rsETH (~$292M) from Kelp DAO on April 18; private attribution points to DPRK-linked Lazarus.

#crypto, #defi, #layerzero, #cybersecurity, #lazarus

Morgan Stanley launches lower-fee U.S. spot bitcoin trust MSBT on NYSE Arca

Morgan Stanley began trading the Morgan Stanley Bitcoin Trust (MSBT) on April 8, offering a 0.14% fee and drawing about $103M in early inflows.

$MS, $MSBT, #bitcoin, #etf, #morganstanley, #crypto