China-based pork processing company and Bitcoin miner Bit Origin has officially kicked off its crypto treasury initiative with its first acquisition of 40.5 million Dogecoin. In a statement on Monday, the company said the Dogecoin (DOGE) buy was the “first strategic acquisition” under its digital asset treasury initiative, supported by a share sale and debt…
Nasdaq-listed firm DeFi Development Corp is now just one token away from crossing a million Solana in its treasury after its latest $198 million buy. In a statement on Monday, DeFi Development Corp said its purchase of 141,383 Solana (SOL) between July 14 and July 20 had grown its treasury to 999,999. The recent acquisition…
Online betting platform Polymarket said it acquired QCEX, US-licensed derivatives exchange and clearinghouse for $112 million, paving the way for the company’s return to the United States after a hiatus of more than two years. According to its website, QCEX is based in Boca Raton, Florida, with both entities, the derivatives exchange and the clearinghouse,…
Tether, issuer of the world’s largest stablecoin, said on Sunday it had frozen $85,877 in USDt (USDT) tied to stolen funds, acting in “collaboration with law enforcement.” The move has reignited debate over the role of centralized stablecoin issuers in enforcing crypto compliance. The freeze, while relatively minor compared to other such actions by Tether,…
Which Iranian crypto exchange got hacked in June 2025? Iran-based crypto exchange Nobitex suffered a hack on June 18. Pro-Israel hacker group Gonjeshke Darande claimed responsibility for the $81-million crypto theft. Blockchain security analyst ZachXBT alerted the community within the same day of the attack. According to the analyst, hackers exploited a hot wallet failure…
Opinion by: Michael Rovner When US President Donald Trump called for America to become “the crypto capital of the planet,” he acknowledged a growing sentiment among his supporters. Crypto is no longer simply an asset class or subculture to this group; it’s a parallel financial system being shaped by tech-savvy conservatives for political and economic…
A proposal for the decentralized finance (DeFi) lending protocol Aave to launch a centralized version of its service on the crypto exchange Kraken’s Ink blockchain has received widespread approval among the community. An Aave request for comment (ARFC) for the deployment of a whitelabel version of Aave v3 for the Ink Foundation, the organization behind…
Web3 venture firm Hashed Emergent and policy advisory group Black Dot have released a model crypto law aimed at clarifying India’s regulatory framework for digital assets. Announced Monday, the Crypto-systems Oversight, Innovation and Strategy (COINS) Act offers a legislative blueprint to support a clearer, industry-led policy environment for crypto in India. The model law is…
A hacker-turned-defender warns that most of the industry is asleep on crypto’s existential threat: quantum computing. David Carvalho, CEO of post-quantum infrastructure firm Naoris Protocol, began hacking at the age of 13, experimenting with spam emails to attract job offers and gain attention from employers. Eventually, that curiosity shifted into formal cybersecurity work, where he…
Indian cryptocurrency exchange CoinDXC has announced a recovery effort after falling victim to a $44 million exploit last Friday, with the firm pledging a bounty for white hat hackers who help retrieve the stolen funds. CoinDXC’s internal accounts used for “liquidity provision” were exploited on Friday, leading to $44 million worth of cryptocurrency being stolen,…