DeadLock ransomware hides using exploited Polygon smart contracts
Group-IB found a ransomware dubbed DeadLock that is exploiting Polygon smart contracts to rotate proxy addresses to evade takedowns.
Iran’s crypto ecosystem spikes to $7.8B amid mass protests: Chainalysis
Bitcoin has become an “element of resistance” in Iran, providing liquidity in an increasingly restricted economic environment, says Chainalysis.
Nexo to pay $500K fine to California regulator over ‘risky loans’
California’s finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay.
Uniswap lands on OKX’s X Layer as exchange deepens DeFi strategy
The integration marks a key step in the crypto exchange’s second-phase rollout, bringing Uniswap’s markets directly to its layer-2 network.
Kaito winds down crypto-backed ‘Yaps’ as X bans payments for ‘AI slop’
The Kaito.ai and Cookie DAO tokens fell over 15% after X’s ban, a move X’s head of product Nikita Bier said should improve user experience on the social media platform.
Bitcoin rally collapses at $97K as funding rate stalls, retail traders sit out
Bitcoin failed to hold $97,000 as its funding rate stalled and retail traders watched from the sidelines. Will TradFi reignite the rally to $100,000?
Coinbase CEO expects market structure bill markup ‘in a few weeks‘
Brian Armstrong posted to social media late on a Wednesday saying Coinbase couldn’t “support the bill as written,“ potentially leading to a postponement in consideration.
Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system.
US lawmakers demand action from SEC on Justin Sun enforcement case
Three House Democrats warned that leaving the SEC’s case against the Tron founder unresolved could ”undermine investors’ confidence” in the financial regulator.
Bitcoin whale balances see 21% bounce after fastest sell-off since 2023 ends
Increasing Bitcoin whale balances highlight reaccumulation, aligning with renewed spot BTC ETF inflows. Will $100,000 become support soon?