XRP Bridge Drained After Software Treats Fake Deposits as Real
In brief An attacker drained nearly 200,000 XRP, worth around $202,000, from the Tx XRPL bridge. The bridge credited transactions that did not deliver XRP...
Category : Bitcoin
Why Bitcoin Barely Moved Even as US Inflation Cools to 3.4%
In brief U.S. consumer prices rose 0.1% in July after falling 0.4% in June, the Bureau of Labor Statistics said Wednesday. Over the past 12...
A Routing Bug Took Solana 86% of the Way to Losing Finality
In brief Almost 29% of staked SOL went delinquent early Wednesday after a routing fault at hosting provider Teraswitch, against the 33% at which Solana...
Bitwise Cuts 14% of Staff as Crypto Slump Reaches ETF Issuers
In brief Bitwise has cut about 14% of its workforce, taking headcount to around 155 from roughly 180, the asset manager confirmed to Bloomberg. CEO...
Morning Minute: The CFTC Bails Out Kalshi in NY
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt....
Harmony's ONE Sinks 37% After Attacker Mints 4 Billion Tokens
In brief Harmony confirmed an exploit after an analyst reported that an attacker minted about 4 billion ONE, roughly 26% of the supply. Around 97%...
CFTC Invokes Emergency Powers to Keep Kalshi Trading Despite New York Suit
In brief The CFTC has used its emergency authority to order Kalshi to keep operating, after the exchange notified the agency of a market emergency....
eToro Agrees to Acquire TradeZero in $231M US Expansion, Stock Tanks 10%
In brief eToro agreed to buy TradeZero, a US active-trader brokerage, for up to $231 million, it said Tuesday. The deal adds broker-dealer infrastructure and...
Trump Media’s Crypto Bet Fuels Massive $238M Quarterly Loss
In brief Trump Media reported a $238 million second-quarter loss, up from $20 million a year earlier. Non-cash losses involving digital assets, pledged assets, and...
BTCPay Backers Offer Bitcoin Bounty After Wallet Exploit
In brief BTCPay Server supporters offered 10% of recovered funds, capped at 3 BTC. Attackers stole Bitcoin using credentials taken from vulnerable LND servers. Users...