Zero-knowledge scaling company StarkWare is cutting jobs and restructuring its operations as it shifts from infrastructure development toward revenue-generating products. CEO Eli Ben-Sasson said in internal remarks that the firm will split into two business units and cut headcount to move faster and operate more efficiently, with one unit focused on applications and the other…
Justin Sun, the co-founder of layer-1 blockchain network Tron, has urged the Trump-linked crypto platform World Liberty Financial to publicly disclose who controls the guardian Externally Owned Account (EOA) and multisignature wallets governing its smart contracts, after alleging the setup was used to blacklist his wallet. Sun said a single guardian EOA tied to the…
Cryptocurrency investment products clocked significant inflows last week, marking their strongest weekly gains since January. Global crypto exchange-traded products (ETPs) logged $1.1 billion in inflows last week, with Bitcoin (BTC) leading the gains with $871 million in inflows, CoinShares reported on Monday. The inflows marked the second-biggest weekly gains in 2026 so far, following only…
Bitcoin (BTC) held $70,000 at the weekly close as markets reacted to a breakdown in US-Iran negotiations and escalating tensions around the Strait of Hormuz. A breakdown in US-Iran negotiations sends oil surging above $100 per barrel, with the Strait of Hormuz now blockaded. US PPI inflation data is due amid signs that the oil…
A hacker exploited the Polkadot-based cross-chain interoperability protocol Hyperbridge, netting about $237,000 and raising renewed security concerns about blockchain bridge infrastructure. An attacker minted 1 billion bridged Polkadot (DOT) tokens in a single transaction on Hyperbridge, according to blockchain data shared by cybersecurity platform CertiK. The exploit only affected DOT on Ethereum that was bridged…
Blockchain sleuth ZachXBT said Garrett Dutton’s 5.9 Bitcoin has already been sent to deposit addresses associated with KuCoin. Garrett Dutton, an American musician better known as “G. Love,” said he lost $420,000 worth of Bitcoin after installing a malicious app impersonating the self-custody crypto app Ledger Live from Apple’s App Store and entering his seed…
Financial institutions have “accelerated” their participation in crypto markets this year, while retail investors have pulled out, said Exodus CEO JP Richardson on Sunday. “This might be the first cycle in crypto history where institutions are in a bull market, and retail doesn’t even know it,” the crypto executive said. Richardson cited a few examples,…
Crypto whales loaded up more of the TRUMP memecoin ahead of the luncheon at US President Donald Trump’s Mar-a-Lago residence in Florida this month, which offers entry to the largest holders. One whale withdrew about 105,754 OFFICIAL TRUMP (TRUMP) from Binance on Saturday to add to its stash of 1.13 million TRUMP, worth about $3.2…
South Korea’s central bank says crypto exchanges should have their own “circuit breakers” that halt trading to prevent a repeat of the market fallout after Bithumb mistakenly sent more than $40 billion in Bitcoin to its customers in February. The Bank of Korea said in a payments report on Monday that lawmakers should consider introducing…
Bitcoin mining runs the risk of becoming more centralized as time goes on, while artificial intelligence could be moving in the opposite direction, according to Galaxy Research head Alex Thorn. Thorn said that while Bitcoin mining began decentralized, with users mining Bitcoin on their personal computers, it has since become far more centralized, requiring ASIC…