SecondFi Hack May Top $20M as Cardano Wallet Flaw Exposes ADA
SlowMist's founder reads the on-chain fund flows and lands on a higher number than the project's own preliminary estimate, and a single bad wallet generator is what opened the door.
SlowMist's founder reads the on-chain fund flows and lands on a higher number than the project's own preliminary estimate, and a single bad wallet generator is what opened the door.
The exploit is a KelpDAO incident, but the structural story is the $3B rotating to Chainlink's CCIP as DeFi projects dump LayerZero for cross-chain messaging.
The two executive orders never name bitcoin, but the US push into post-quantum cryptography puts federal R&D muscle behind the same math bitcoin would need if quantum ever gets close.
The Alliance to End Human Trafficking argues a specific section would make it harder to oversee illicit activity, framing the bill as a moral as well as a regulatory question.
Noman Saleem gets over a year in prison and three years of supervised release for running bogus Telegram handles impersonating popular crypto influencers.
The action takes a server offline, not a company, but it pulls a known node from a FinCEN-flagged laundering network that processed scam and hack proceeds on chain.
Nearly 7M BTC sit in addresses whose public keys are already on-chain, and the White House just compressed the post-quantum migration timeline to five years for civilian agencies.
The protocol is back online with every Asgard vault and keyshare re-verified, and native Monero swaps now in test as the next feature on the roadmap.
The deal closes a class action over disclosure gaps in the 2023 all-stock merger, specifically energy and internet-related risks at the King Mountain Texas mining joint venture USBTC held pre-deal.
The settlement is small relative to Hut 8's 640% twelve-month share gain, but the litigation underscores how short-seller reports can drive lasting securities exposure for miners that have since…
The move is broad-based: $2.24T market cap down across majors, Fear & Greed in extreme fear at 23, and Q2's $775M in stolen crypto is the second-cheapest quarter to attack on record.
Three wallets with a perfect-or-near-perfect hit rate on the same event funneled every dollar to the same Binance deposit address before going dark.
Twin executive orders split the work: DOE gets a flagship quantum machine by decade's end while every federal agency migrates to post-quantum cryptography by 2030.
A single rug pull on a yield-chasing vault just stressed the narrative that wrapped tokenized T-bills around speculative leverage, and the $9B sector now has a public test case to answer for.
Binance's founder credits Hyperliquid for carving out a no-KYC derivatives niche he says Binance can't enter, but the platform's small-team concentration is a structural risk worth flagging.
The move is part retreat from a maturing market, part opt-in to a survivalist lifestyle; either way, it signals how some early holders are hedging outside the blockchain.
The arrest is small in headline terms, but Hu Xiaowei was a senior figure in a network the US Treasury says ran pig-butchering scams at industrial scale across Asia, with links to crypto laundering.
A WSJ investigation says the prediction market paid influencers through a firm called Virality to stage fake payout videos, and used mirror sites to simulate wins that never happened on the real…
The dollar loss was small, but the flaw class is the same one behind $340M in cross-chain bridge hacks already this year, and the root cause was a prover signing key left exposed on GitHub.
Bitcoin is flat to slightly red on the week, the Fear & Greed Index is pinned at 20, and a fresh wave of bridge and protocol exploits has pushed June's hack count above 20.