
Abracadabra DeFi Protocol Suffers Third Major Exploit
Another day, another DeFi disaster — Abracadabra has once again fallen victim to hackers, losing nearly $1.8 million worth of Magic Internet Money (MIM) in a fresh exploit that underscores persistent security flaws across decentralized finance protocols.

Russia Races to Build Its Own Crypto Infrastructure
Moscow is laying the groundwork for a state-backed crypto system as market players push the government to move faster.

European Central Bank Moves Forward With Digital Euro, Picks Tech...
The European Central Bank takes a decisive step in shaping the digital euro, naming seven providers to develop its core components ahead of a potential 2029 launch.
News Archive

FTX Warns of New Phishing Scams Targeting Creditors Amid $1.6B...
Scammers are circling as FTX creditors await billions in payouts — the bankrupt exchange is sounding the alarm over a surge of phishing campaigns impersonating official recovery administrators.

Abracadabra DeFi Protocol Suffers Third Major Exploit
Another day, another DeFi disaster — Abracadabra has once again fallen victim to hackers, losing nearly $1.8 million worth of Magic Internet Money (MIM) in a fresh exploit that underscores persistent security flaws across decentralized finance protocols.

Russia Races to Build Its Own Crypto Infrastructure
Moscow is laying the groundwork for a state-backed crypto system as market players push the government to move faster.

European Central Bank Moves Forward With Digital Euro, Picks Tech...
The European Central Bank takes a decisive step in shaping the digital euro, naming seven providers to develop its core components ahead of a potential 2029 launch.

New York Lawmakers Target Bitcoin Miners With New Energy Tax
New York wants to slap a new excise tax on Bitcoin miners, funneling revenue to energy affordability programs while exempting clean-energy operations.

Sweden’s Opposition Party Pushes for National Bitcoin Reserve
Sweden’s opposition calls for a Bitcoin reserve to fight inflation and resist CBDCs. Lawmakers say it’s time to join the global “digital arms race.”

U.S. Treasury Drops Plan to Tax Unrealized Bitcoin Gains
Treasury backs off taxing corporate unrealized Bitcoin gains, giving firms like Strategy billions in relief under revised CAMT rules.

FTX Creditors Set to Recover Up to 120% of Claims
From collapse to comeback — FTX creditors are now set to walk away with nearly full payouts, with some even receiving more than they lost.

Chinese Woman Pleads Guilty in UK’s $7B Bitcoin Fraud Case
A guilty plea in the UK’s biggest-ever Bitcoin seizure shines a spotlight on crypto crime at a massive scale.

Massachusetts to Weigh Bitcoin Reserve Bill in Upcoming Hearing
Lawmakers in Massachusetts will debate a Bitcoin reserve bill, but with Democrats holding a supermajority, chances of passage look slim.

SEC Streamlines Crypto ETF Process as 19b-4 Filings Pulled
The SEC scraps case-by-case ETF reviews, telling issuers to withdraw 19b-4 filings, clearing the way for “absurdly fast” approvals.

Kazakhstan Unveils State-Backed Crypto Reserve Fund
Kazakhstan launches Alem Crypto Fund with BNB purchase, marking its first state-backed move into building long-term digital asset reserves.