Headlines

Adam Forsyth

Aztec Connect loses $2.1m after old contract exploit

Aztec Connect, a deprecated DeFi bridge linked to the privacy-focused Aztec ecosystem, was exploited on Sunday after an attacker drained about $2.1 million from an old Ethereum smart contract. Summary Aztec Connect’s old contract lost $2.1m, while the current Aztec Network stayed unaffected, Aztec said. The attack used a verification mismatch, letting unbacked balances move…

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New BSP rules put crypto tokens under deeper scrutiny in Philippines

The Bangko Sentral ng Pilipinas (BSP) has introduced stricter requirements for virtual asset service providers (VASPs), requiring them to apply deeper screening, monitoring, and delisting procedures for cryptocurrencies offered to customers.  Summary BSP requires crypto exchanges to conduct deeper reviews before listing tokens and stablecoins locally. New rules mandate continuous monitoring and clear delisting triggers…

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Michael Saylor says this Bitcoin metric shows Strategy’s real risk

Michael Saylor, founder and chairman of Strategy, said Bitcoin treasury firms need more than one measure to track their exposure to Bitcoin.  Summary Saylor says CEBE BPS shows Bitcoin exposure after debt and preferred stock claims are counted. BPS tracks common equity growth, while BTC Yield measures execution across Strategy’s Bitcoin accumulation plan. Shorter liabilities…

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