A draft XRPL amendment notes that flash loan attacks are “structurally impossible” on the network because of how its transactions are built, an architectural quirk that has spared the chain from the exploit class that has cost Ethereum DeFi billions.
Fuller allegedly diverted $6.2 million for personal use and $5.5M for Ponzi-like payments; only 3% of funds went to crypto trading.
The seizure, falling under “Operation Economic Fury,” aims to restrict Iran’s access to overseas revenue, banking networks, and crypto infrastructure.
CertiK CEO and co-founder Ronghui Gu says April was the worst month for DeFi in four years with exploits on 27 out of 30 days.
Established crypto firms will merge with traditional finance, but neither Wall Street bankers nor corporate giants will take over the crypto industry, said Binance’s Head of VIP and Institutional, Catherine Chen.
The S&P 500 posted its longest weekly winning streak since 2023 and Brent oil stabilized near $92 on US-Iran ceasefire hopes. The biggest cryptocurrencies still drifted lower, with Hyperliquid’s HYPE the only major name to rally.
Andrew Gault, the venture capitalist who funded the quantum hardware labs now threatening bitcoin, says the industry is looking in the wrong place. Google’s own security team moved in the same direction in March.
JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.
As the CFTC issued landmark approvals for crypto perpetual futures contracts, it explained in a related advisory that round-the-clock activity isn’t right for all.
Ronghui Gu shares tips on how to isolate AI agents while testing them so they do not have access to critical personal information or digital assets.
STRC has struggled to maintain its $100 target price, while Strategy’s reduced cash reserves and dividend obligations are drawing increased investor attention.
The crypto exchange’s investment arm and Korea Investment & Securities will each invest KRW 80 billion ($53 million) as Coinone pushes into stablecoins and tokenized securities.