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Cointelegraph reports that crypto exchanges can provide the IRS with investors’ gains while omitting cost-basis information, creating difficulties for calculating taxable results and maintaining accurate records across digital-asset transactions.
Mitchell Askew points to approximately 15 million inactive BTC and on-chain supply data as signs of seller exhaustion, offering a possible explanation for Bitcoin’s rally despite macroeconomic headwinds, according to an analysis published by Bitcoin Magazine.
Morgan Stanley has joined NEXTPredict as prediction markets pursue greater institutional participation. Decrypt reports that sports betting still makes up most sector trading, while valuations reflect expectations for stronger institutional interest.
BlackRock is deepening its involvement in onchain financial products through an initiative with Ondo, as major institutions accelerate tokenization efforts. The development adds to the institutional context surrounding Ondo Finance and its ONDO token.
CoinMarketCap has acquired CoinGlass to expand its cryptocurrency derivatives data offering. CoinGlass will retain its brand and team, while its website, app, free tools, API and pricing will remain unchanged.
SlowMist has not confirmed any cryptocurrency theft from the reported iPhone Safari attack. The analyzed sample targets iOS 18.4–18.6.2 through previously patched flaws, while its effectiveness on iOS 26.5 remains unverified.
CoinDesk reports that Bitcoin holders are cashing out, but their selling pattern differs from behavior observed at earlier market tops. The report does not provide details on volumes, prices, or the reasons for the change.
Evercrest, a KelpDAO developer, has sued LayerZero over a $292 million bridge exploit. It says LayerZero repeatedly approved the bridge’s single-verifier setup in writing, then warned another developer about the configuration.
Altcoins posted broad gains as bitcoin consolidated near $84,000. Quant jumped 39% in 24 hours, while 93 of 100 CoinDesk 100 constituents rose and the altcoin season index reached its highest level in more than three months.
A Magic Eden-related security scare placed 3,832 NFTs in whitehat protective custody. Yuga Labs’ 0xQuit said the assets are safe and will be returned after the risk passes, while holders were urged to revoke NFT permissions.
KelpDAO sued LayerZero and co-founder Brian Pellegrino, alleging undisclosed protocol weaknesses contributed to a $292 million hack. CoinDesk described the incident as 2026’s largest exploit so far, putting LayerZero’s ZRO token in focus.
KelpDAO is suing LayerZero and CEO Bryan Pellegrino over a $292 million rsETH bridge exploit, alleging the setup had been endorsed before the attack. Pellegrino has dismissed the lawsuit as meritless.
