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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.
Bitget CEO Gracy Chen said the exchange lost $351.6 million after attackers compromised a wallet backend and spoofed transaction data. She said the incident did not involve stolen private keys, according to CoinDesk.
SEC Commissioner Hester Peirce warned that centralized KYC data collections can endanger crypto users, citing recent leaks linked to phishing and physical attacks. She made the comments in one of her final speeches in the role.
Kalshi said nearly $5 billion in similarly sized Ether perpetual trades were tied to its liquidity incentive programs, denying wash-trading allegations. The platform also said the CFTC had not contacted it over the activity.
Bitcoin Magazine examines how a potential quantum-computing attack could affect Bitcoin on-chain, moving beyond theory to consider what an attack might look like in practice. The analysis was written by Patrick Green and features Shinobi.
The post STX Price Explodes Above $0.34 as Stacks Breakout Signals Fresh Rally appeared first on Coinpedia Fintech News Stacks (STX) has exploded above $0.34, breaking out of a prolonged downtrend as aggressive buying p...
Haruko was targeted in a cyberattack affecting 15 clients, CoinDesk reported. Sources said some smaller hedge funds with weaker security controls may have lost funds, but no loss amounts or client identities were provided.
Ethereum co-founder Vitalik Buterin said AI could support crypto security by helping developers mathematically verify entire software systems. He acknowledged the technology’s role in new attacks but highlighted its potential as a defensive tool.
Ethereum co-founder Vitalik Buterin said AI could help protect crypto systems by enabling developers to mathematically verify entire software systems, even as the technology may also be used to create new attacks, Decrypt reported.
XRP fell after a failed cloture vote delayed the CLARITY legislation. Existing XRP access remained intact, while demand from funds after the vote was not measured, putting Ripple’s regulatory advantage under renewed scrutiny.
Phemex CEO Federico Variola says AI has been a net negative for crypto by diverting capital, strengthening attackers and raising cybersecurity costs that could encourage greater centralization.
