Crypto scammers built an entire fake blockchain to steal over $2 million
Scammers built a counterfeit version of Upbit-backed GIWA blockchain and lured 1,333 wallets into depositing 767 ETH, worth about $2 million, before draining almost all of it. The fake network…
XRP News: Bitget Hacker Moves 54M XRP, Putting Fresh Selling Pressure
The attacker behind Bitget’s $388 million news driver has moved about 54 million stolen XRP out of three of the five wallets that originally held the funds. The redistribution raises…
Big institutional money is split on Bitcoin’s next move as massive market bets shift
Leveraged funds moved 1,599 contracts further net short in standard CME Bitcoin futures during the week to Sept. 22, reversing the prior week’s easing, while asset managers added 411 contracts…
An $84 million US asset seizure just sparked a massive question for Tether
Tether has disclosed exposure to EQIBank as the bank fights a US seizure involving payment processor Capstone Limited, raising a question about access to assets that might back USDT. On…
A $202 billion US Treasury settlement hits September 30, and it could trigger a surprise move in Bitcoin
A $202 billion U.S. Treasury coupon settlement on Sept. 30 will test overnight financing at quarter-end. The Federal Home Loan Bank of New York says the market is calm for…
Core Lightning patches flaw that could let revoked channel state escape penalty
Core Lightning, a Lightning Network node implementation, fixed a channel-close flaw in v26.06.7 that could let a peer broadcast an old, revoked channel state without triggering the penalty for cheating.…
Quant Crypto Blasts 3x in a Week Following Huge US Bank Deal
Quant crypto has exploded roughly +178% over the last seven days, including an extraordinary +72% daily surge. Quant is quickly becoming the most talked-about cryptocurrency, as its price action is…
Solana News: Ex-Binance and Polygon Execs Join the Solana Foundation
In Solana news, the Solana Foundation recently announced the hiring of Rachel Conlan, former Chief Marketing Officer at Binance, as Chief Strategy Officer, and Jamal Raees, a veteran from Polygon…
SEC staff’s staking-token split spotlights the exit risks behind staked ETH tokens
An ETH holder can sell a liquid-staking token while the ETH behind it remains staked. A Sept. 25 SEC staff FAQ draws a conditional distinction between receipts that evidence ownership…
Crypto Hacks: Three Projects Hacked in One Day as Losses Hit Over $11M
Three crypto projects were attacked on September 24, suffering combined losses of more than $11M. Attackers drained around $1.8M from Payy Network, stole $7M from Duelbits, and minted $2.3M in…