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FTX estate misses out on $3B Cursor stake value after $200K sale in 2023
The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising questions about bankruptcy asset sales.
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OKX accelerates US push with BitGo off-exchange settlement
OKX integrates BitGo off-exchange settlement for US institutions, reducing pre-funding requirements and marking a key step in its US expansion following ICE investment.
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Kelp DAO exploiter launders nearly all 75,700 in stolen ETH through THORchain
The wallet linked to the Kelp DAO exploit appears to have laundered most of the $175 million worth of stolen Ether, while another $71 million remains frozen by Arbitrum’s security council.
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SEC ‘on the cusp’ of onchain tokenized securities exemption: Atkins
SEC Chair Paul Atkins says the SEC is “on the cusp” of an innovation exemption to enable compliant onchain trading of tokenized securities.
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‘Powerful move’ looms for Bitcoin price, says Bollinger Bands indicator
Bitcoin’s technical indicators predicted a significant move ahead for BTC, but the price must first break resistance at $80,000.
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North Korea tied to heists worth $578M in April after Kelp DAO exploit
DPRK-linked crypto theft topped $578M in April after the Kelp DAO exploit, as attacks continue to expand across protocols, companies and end users.
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Aave deposits fall by $15B as Kelp exploit sparks flight from DeFi lender
Aave’s supplied balance has tanked since the Kelp DAO bridge exploit, as users pull funds amid uncertainty over how much of the rsETH-linked shortfall the protocol will ultimately absorb.
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UK cracks down on illegal peer-to-peer crypto trading in nationwide raids
The Financial Conduct Authority has raided eight locations suspected of illegal peer-to-peer crypto trading, issuing cease-and-desist orders.
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Europe’s MiCA regime puts smaller crypto firms under pressure
Smaller crypto companies across Europe face mounting compliance costs as MiCA moves from framework to enforcement, raising fears of market consolidation.
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Russia advances crypto bill that could pave way for criminal penalties
Russian lawmakers passed a first reading of a bill regulating crypto through licensed intermediaries, with key rules set to take effect in July 2026 and 2027.