Crypto News
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Liquid Network halts transactions after $320 million bitcoin exploit
Liquid Network, an exchange settlement layer, halted all transactions after a security exploit involving $320 million worth of bitcoin. The attackers claimed to be the “good guys,” according to CoinDesk.
CoinDesk
Liquid Network Reports Withdrawal of About 4,000 Bitcoin from Federation Reserves
Liquid Network said purported white-hat hackers withdrew about 4,000 bitcoin from the federation wallet backing L-BTC. Bridge nodes were disabled and the sidechain paused, Bitcoin Magazine reported.
Bitcoin Magazine
Robinhood to Keep AMC Tokenized Product Despite CEO Adam Aron’s Objections
Robinhood will keep its tokenized AMC-linked product available despite CEO Adam Aron’s demand to stop it. Aron threatened legal and SEC scrutiny, while Robinhood said the Jersey-issued debt product gives holders no AMC shareholder rights.
CryptoSlate
BONER Meme Coin Takes Half of Hims & Hers Tokenized Shares on Robinhood
BONER, a meme coin, has taken roughly half of Hims & Hers Health’s tokenized shares on Robinhood’s new blockchain, Decrypt reports. The pairing has helped launch a fast-spreading trend linking meme assets with tokenized stocks.
Decrypt
ChatGPT, Claude and Grok Return After Disruptions Disrupt User Workflows
ChatGPT, Claude and Grok restored service Thursday after simultaneous disruptions halted some users’ work. Decrypt said the outages renewed questions about relying on multiple AI platforms, while providing no cause or duration details.
Decrypt
TrueUSD defendant given days to disclose source of legal funding in $456 million case
A TrueUSD defendant in a $456 million court case must submit an affidavit identifying sources of legal funding within days. Any sanctions would require a separate application from Techteryx.
CryptoSlate
BlackRock drives $217M Bitcoin ETF rebound as altcoin funds extend inflow streaks
Bitcoin ETFs posted a $217 million rebound led by BlackRock, while Ether ETFs reached 11 consecutive inflow sessions. XRP and Solana funds each recorded a 10th straight positive session, Cointelegraph reported.
Cointelegraph
Ontology pauses mainnet transactions during security review
Ontology has paused mainnet transactions while its technical team examines a potential security issue. No incident or asset loss has been confirmed, and the project has not disclosed when transactions will resume.
CryptoSlate
Cronos pauses network after alleged $75 million Tectonic lending exploit
Cronos validators halted the network after an alleged $75 million exploit at Tectonic. CoinDesk said the attacker inflated thinly traded TONIC by 100 times, used it as collateral and left most borrowed funds stranded.
CoinDesk
The Long Drive to Move Money Without Moving Wealth
CoinDesk traces the evolution of money transfer from hawala to Swift, showing how efforts to remove friction and physical handling have improved efficiency while creating new opportunities for increasingly sophisticated exploits.
CoinDesk