Estimated losses from global crypto wrench attacks reached $101 million in the first four months of 2026, with most attacks occurring in Europe, according to Web3 security company CertiK. With just 34 documented crypto wrench attacks, the losses have nearly doubled those of 2025, which came in at $52.2 million. Europe accounted for 82% of…
Revolut users reported that the app briefly displayed Bitcoin prices plunging to around $39,900 on Friday, while some traders also received notifications suggesting extreme price moves, including that BTC had reached a 52-week low of 2 cents. Users further reported on X apparent simultaneous price drops across multiple cryptocurrencies, including XRP and Solana (SOL), as…
In brief New daily XRP addresses fell 85% from 18,000 in December 2024 to 5,020, with monthly active supply down 73% over the same period. Ondo, Kinexys, Mastercard, and Ripple completed the first real-time cross-border settlement of tokenized Treasuries on a public blockchain. Tokenized RWAs on XRPL have crossed $2.43 billion, with tokenized US Treasuries…
European Central Bank (ECB) President Christine Lagarde said stablecoins are not Europe’s best route to strengthening the euro’s international role, pushing back against calls to respond to US dollar-backed stablecoins with euro-denominated tokens. Speaking on Friday at the Banco de España LatAm Economic Forum in Roda de Bará, Spain, Lagarde made several comments on the…
In brief Zcash will roll out quantum-recoverable wallets within a month, targeting enhanced security against future quantum computing threats. The privacy coin plans to achieve full post-quantum status within 12 to 18 months, positioning itself ahead of major cryptocurrencies in quantum resistance. ZEC has surged over the past month following Multicoin Capital’s disclosure of a…
Mantle tokenholders backed a proposal authorizing a credit facility of up to 30,000 Ether (ETH), worth about $68 million, for Aave DAO, advancing remediation tied to bad debt from the April rsETH exploit. The proposal, MIP-34, passed in a seven-day Snapshot vote that ended Friday, according to DAO governance platform Snapshot. The measure authorizes the…
Ether’s (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data points suggest ETH/USD may drop below $2,000. Key takeaways: Low network activity signals declining usage and reduced onchain demand for ETH. Coinbase Premium remains negative as spot Ethereum ETF outflows returned, reflecting strong US-driven sell…
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US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) snapped a five-day inflow streak totaling nearly $1.7 billion as Bitcoin dipped below $80,000. Bitcoin funds logged $277.5 million in outflows on Thursday, marking the first daily outflows in May, according to SoSoValue data. Daily spot Bitcoin ETF flows since Friday. Source: SoSoValue The Fidelity Wise Origin Bitcoin…
Tether has frozen more than $514 million in USDT across Ethereum and Tron over the past 30 days, according to onchain data from BlockSec’s USDT Freeze Tracker, highlighting the stablecoin issuer’s growing role in crypto-related enforcement actions. As of Friday, the tool shows 370 addresses blacklisted in that period, including 328 on Tron and 42…