Blockchain security firm CertiK flagged a suspected exploit at Makina Finance that drained roughly $5 million from a stablecoin pool using a large flash loan.
DeFi protocol Pendle is phasing out its vePENDLE governance token in favor of a new liquid model, citing complexity and low user adoption despite protocol growth.
A Hong Kong securities industry body has warned that proposed licensing changes for crypto asset management could raise compliance costs and discourage traditional fund managers from limited digital asset exposure.
Coinbase CEO Brian Armstrong plans to meet banking executives at the World Economic Forum as negotiations over the stalled US crypto market structure bill shift from Washington to Davos.
Memecoin launchpad Pump.fun is expanding beyond token launches with the creation of Pump Fund, an investment arm that will back up to 12 early-stage projects through a $3 million hackathon.
A year after Gary Gensler’s resignation, the SEC has significantly altered its approach to cryptocurrency, dropping key enforcement actions and restructuring leadership.
Bermuda is launching a pilot program to create a fully onchain economy in partnership with Coinbase and Circle, focusing on stablecoin payments and digital infrastructure.
Hong Kong crypto firms warn that strict implementation of global CARF tax rules could create operational strain and weaken the city’s competitiveness.
Bybit EU has launched Bitcoin cashback for its payment card, allowing users to earn BTC on everyday spending under a regulated European framework.
South Korean authorities charged three suspects over an underground remittance network that moved more than $100 million using WeChat Pay, Alipay, and cryptocurrencies.
The New York Stock Exchange is developing a 24/7 blockchain-based trading platform for tokenized stocks and ETFs, pending regulatory approval.
Decentralized finance leaders are urging lawmakers to revise the Digital Asset Market Clarity Act as uncertainty grows around its path through the US Senate.
Coinbase has begun offering stock trading to select users as it moves toward an integrated platform combining crypto, equities, and alternative markets.
US mortgage lender Newrez will allow borrowers to use certain cryptocurrency holdings in mortgage underwriting without requiring liquidation.
Megatel Homes plans to launch a crypto-based rewards platform for renters after receiving a no-action letter from the US Securities and Exchange Commission.