News

Euro Stablecoins Surge 168% in 2023 Amid Fragmented Market

Euro-pegged stablecoin supply surged 168% in 2023, climbing from roughly €158 million to over €425 million. The rally, driven by MiCA clarity and DeFi...

Institutional DeFi hinges on who absorbs the loss when an oracle fails

More than $51 billion in real-world assets now circulate on-chain, yet barely 8% of them actually back active DeFi (decentralized finance) lending. The bottleneck...

Poolin Bankruptcy Filing: $164M Owed to 11,700 Users Amid $52M Acquisition Bids

Poolin, the former global Bitcoin mining powerhouse, filed for Chapter 11 bankruptcy on July 22, leaving behind $173 million in liabilities and 11,700 creditor...

Mirae Asset buys 92% of Korbit for $93M, plans ‘intelligent’ Digital X

Mirae Asset, one of Asia's largest asset managers, has closed the acquisition of a 92.06% stake in Korbit for roughly $93 million and is...

Bitcoin Security Consortium raises $15M to counter quantum threat

Nine major players in the Bitcoin ecosystem, including Strategy and BlackRock, launched on July 23, 2026 the Bitcoin Security Consortium, a $15 million fund...

US Crypto Sector Employs 34,000 and Contributes $55B: Full NCA Report Breakdown

The US crypto industry now directly employs 34,000 people and contributes $55 billion annually to the American economy, according to a comprehensive report by...

AFX Trade drained of $24.15M via third-party bridge on Arbitrum

A decentralized perpetuals platform on Arbitrum was drained of $24.15 million in USDC after the private keys of a third-party bridge it operates independently...

NIGHT Token Surges 19% After $13M Wanchain Bridge Exploit

Midnight's NIGHT token surged 19% following a bridge exploit that drained approximately $13 million from Wanchain's Cardano-BNB infrastructure. The incident highlights persistent vulnerabilities in...