Rhea Finance and the Russia-linked Grinex exchange were hacked for a combined $21 million over the past two days.
Martin Young
Martin is a staff writer at Cointelegraph. He is a technology and finance journalist with over two decades of experience covering cybersecurity and information technology. Based in Southeast Asia for more than 25 years, he previously worked as a correspondent and systems analyst for the Hong Kong–based Asia Times. Since 2017, Martin has focused on digital assets and blockchain reporting for multiple crypto publications, bringing expertise in forex trading, technical analysis, core blockchain technologies and cryptographic concepts to his financial coverage.
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At least a dozen crypto entities attacked since Drift Protocol hack - News
Ex-Treasury chief warns of US bond crash, calls for contingency plan “When we hit it, it will be vicious, so we have to prepare for that eventuality,” said former Treasury Secretary Henry Paulson on a potential US Treasury market crisis.
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China already has compute to train its own Mythos-like AI: Nvidia CEO The amount of capacity and the type of compute it was trained on is “abundantly available in China,” said the Nvidia CEO.
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BitMEX pitches ‘canary fund’ alternative to Bitcoin quantum coin freeze It may be appropriate to attempt to mitigate the extent of the freeze as much as possible, even at the cost of greater complexity, said BitMEX.
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North Korean hackers used AI-enabled social engineering in Zerion attack It is the second long-term social-engineering attack this month, after the $280 million exploit of the Drift Protocol.
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Bitcoiners propose freezing quantum-vulnerable coins in BIP-361 The authors described it as a “private incentive to upgrade” because lost or frozen coins will make everyone else’s coins worth slightly more.
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Bitcoin bears eye $50K bottom as analysts claim final flush still to come Bitcoin falling to the $50,000 level is being seen as the “last significant accumulation zone” before any sustained recovery, says LVRG Research director Nick Ruck.
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Bitcoin nears $75K as Iran deal hopes spark $400M short squeeze A broad hope for a US deal with Iran to end weeks of conflict has spurred investor confidence in riskier assets.
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Institutions are in a crypto bull market as retail sits out: Exodus CEO Almost everyone has a hard time paying their bills every month, said crypto YouTuber Michaël van de Poppe, on why retail may be absent this cycle.
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Bitcoin mining, AI may diverge on centralization, researcher says Bitcoin mining is becoming more centralized while AI may move the opposite way, driven by edge computing and open-source models.
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Researchers discover malicious AI agent routers that can steal crypto Some LLM routers are “secretly injecting malicious tool calls and stealing creds,” warns researcher Chaofan Shou.
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Japan approves bill to classify crypto as financial instruments Japan tightens oversight with insider-trading bans and new disclosure rules as crypto markets attract more institutional participation.
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Bitcoin can be made quantum-safe without protocol upgrade: Researcher A proposed workaround could enable quantum-resistant Bitcoin transactions without a protocol change, but high compute costs limit real-world use.
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Anthropic loses early appeal over Pentagon ‘supply chain risk’ label “In our view, the equitable balance here cuts in favor of the government,” said a panel of judges from the District of Columbia Court of Appeals.
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Visa unveils commerce platform enabling autonomous AI shopping Visa is rolling out a platform that helps merchants make their product inventories discoverable and purchasable by AI agents.
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Ethereum stablecoin supply hits $180B all-time high: Token Terminal Ethereum could see $850 billion in “new flows” by 2030 if the trend continues, according to Token Terminal.
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Anthropic limits access to AI model over cyberattack concerns AI models have reached a level of coding capability that rivals or exceeds that of most human experts at finding and exploiting software vulnerabilities, Anthropic said.
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Bitcoin’s quantum challenges are ‘more social than technical’: Grayscale The Bitcoin community has a “history of contentious debates over protocol changes,” said Grayscale head of research Zach Pandl.
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Solana Foundation looks to beef up DeFi security as attacks continue The Solana Foundation and Web3 security firm Asymmetric Research unveiled a new security initiative called STRIDE, along with a real-time incident-response network.
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North Korean workers have been infiltrating DeFi for 7 years: Researcher Security researcher Taylor Monahan listed at least 40 decentralized finance platforms she claims have been infiltrated by North Korean IT workers at some stage of their lives.
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Trump-Iran deadline chaos sends crypto higher while ceasefire hopes rise US President Donald Trump threatened Iran could be "living in Hell" if it doesn't open the Strait of Hormuz, though he also told reporters that a deal with Iran is getting close.
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Bitcoin supply in profit heads to ‘true bear market’ levels CryptoQuant data shows there are 8.2 million Bitcoin currently at a loss, which is still under the amount of Bitcoin at a loss during the 2022 bear market.
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Circle to launch cirBTC wrapped Bitcoin, challenging BitGo and Coinbase Circle, known for issuing stablecoins including USDC and EURC, is expanding into the Bitcoin space, targeting institutional users.
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Alabama becomes second US state to grant DAOs legal status under DUNA The legislation “embraces innovation, protects participants and empowers internet-native communities to compete with big tech incumbents,” said a16z’s Miles Jennings.
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Genius Group liquidates Bitcoin treasury to pay $8.5M of debt The AI and crypto company has added to a pattern of Bitcoin treasuries offloading this year, with Michael Saylor's Strategy bucking that trend.
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Bitcoin’s drawdown is ‘less dramatic’ this cycle, Fidelity says A shallower Bitcoin drawdown than previous cycles "indicates a maturing market with reduced volatility and stronger institutional confidence," said Nick Ruck, director of LVRG Research.
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CFTC’s top enforcer puts prediction market insider traders on notice “There’s a myth in mainstream media and social media that insider trading doesn’t apply in the prediction markets … That is wrong,” said CFTC enforcement director David Miller.
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Researchers say quantum computers could, in theory, be ready by 2030 New research from Caltech and Oratomic, a Caltech-linked startup, says quantum computers of the future may be closer to reality.
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AI agents like OpenClaw could drain crypto wallets via ‘malicious skills’: CertiK CertiK has advised ordinary users “who are not security professionals, developers, or experienced geeks” against installing and using OpenClaw.
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Base joins Ethereum, Tron, others in betting big on AI agent future Coinbase's Ethereum layer-2 Base said it will be upgrading its chain to allow AI agents to use it the same way developers or traders would.