Wise plans to submit a new application for a U.S. national trust bank charter under the GENIUS Act framework after regulators rejected its original proposal, marking a strategic pivot as the fintech adapts to a rapidly changing U.S. payments landscape. The London-based money transfer company said the U.S. Office of the Comptroller of the Currency…
Poolin, once the world’s largest Bitcoin mining pool, has filed for Chapter 11 bankruptcy protection in the United States after years of financial turmoil stemming from the 2022 crypto market crash. The Singapore-based company disclosed approximately $173.1 million in liabilities and plans to sell its remaining mining assets in Texas, marking the latest high-profile casualty…
Goldman Sachs Chairman and CEO David Solomon has publicly endorsed the Digital Asset Market Clarity Act, breaking with much of the traditional banking industry as U.S. lawmakers move closer to a potential Senate vote on the landmark crypto legislation. The endorsement positions one of Wall Street’s most influential banking leaders on the opposite side of…
Robinhood CEO Vlad Tenev’s verified X account was briefly compromised on Thursday, allowing attackers to promote a fraudulent meme coin called Vladhood (VLAD) in the latest high-profile social media hack targeting the cryptocurrency industry. The fake post, which was quickly deleted after Robinhood regained control of the account, falsely presented Vladhood as the “official mascot…
Zilliqa has halted native ZIL transactions following the discovery of a critical vulnerability in the network’s Ledger application, which allows the private keys of certain accounts to be recovered from public signatures on the blockchain. The incident was disclosed after an undisclosed amount of ZIL was stolen from an exchange partner’s cold wallet, forcing the…
AFX Trade has paused its Arbitrum-operated USDC custody bridge after approximately $24.15 million in USDC was drained on July 22, 2026, according to a Blockaid alert. The incident was detected at 21:30 UTC, targeting AFX’s bridge infrastructure rather than Arbitrum’s native bridge. The exact root cause remains under investigation by the project, while security firms…
Senate Republicans on Wednesday released an updated draft of the Digital Asset Market Clarity Act, unveiling a long-awaited ethics package negotiated with the White House just as lawmakers race to bring the crypto market structure bill to a floor vote before the August recess. The new text merges language from the Senate Banking and Agriculture…
Crypto’s bridges and cross-chain protocols endured a brutal 24 hours this week, with at least three separate exploits draining more than $35 million from decentralized platforms in roughly six hours. The cluster of attacks, detected by security firms Blockaid and PeckShield and tracked by Lookonchain, pushed July’s total hack losses well past June’s tally, underscoring…
Pump.fun has introduced BOOST mode, a new launch mechanism that automatically converts “dead liquidity” into token buybacks and burns, aiming to strengthen newly launched memecoins after they migrate from the platform’s bonding curve. The feature became the default launch mechanism for all eligible new tokens on July 21 and is designed to improve capital efficiency…
Telegram is preparing what could become the largest cryptocurrency onboarding initiative ever attempted. Founder and CEO Pavel Durov has announced plans to integrate a native non-custodial crypto wallet directly into every version of Telegram, giving the messaging platform’s more than one billion monthly active users access to instant, zero-fee cryptocurrency transfers. The announcement, made on…
