The $280 million Drift Protocol attack was likely carried out by threat actors aligned with North Korea state-affiliated hackers.
Vince Quill
Vince Quill is a staff writer at Cointelegraph, covering cryptocurrencies, macroeconomics, and financial news. His reporting has also been syndicated by ZeroHedge and featured on the Coin Bureau YouTube channel. Prior to working as a financial journalist, he spent more than five years as a political opinion writer and has experience in real estate investing. He holds a bachelor’s degree in communication from the University of North Carolina at Greensboro.
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Crypto attorney says Drift incident may qualify as ‘civil negligence’ - News
Polymarket odds of US invading Iran this year reach 63% after Trump's post The President of the United States continues to give contradictory signals of escalating the war and winding it down within a few weeks.
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Bitcoin and the US dollar have symbiotic relationship: BPI exec Demand for either currency strengthens both in a reinforcing relationship, contrary to popular belief, Sam Lyman told Cointelegraph.
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Telegram founder Pavel Durov says Iranian government's ban backfired Thousands of software developers are currently developing virtual private networks to circumvent Tehran's control of local internet access, Durov said.
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Jimmy Song explains why Bitcoin needs a ‘conservative’ node client The Bitcoin advocate is the co-founder of ProductionReady, a non-profit initiative to fund open source development of BTC software and education.
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Ethereum Foundation nearly reaches 70,000 staked ETH goal The non-profit foundation has staked 69,500 ETH, nearly reaching the goal it unveiled at the end of February, less than two months ago.
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ZachXBT accuses Circle of $420M in 'compliance failures' since 2022 Circle had several hours or days to freeze illicit USDC funds in many of the 15 cases presented, but failed to act, according to ZachXBT.
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CFTC sues 3 states over prediction market regulatory authority The Commodity Futures Trading Commission claims it "first officially recognized" event contracts in 1992 and that Congress has granted it sole authority over the market.
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Bitcoin miner Soluna acquires $53M wind farm to power AI facility Soluna expanded into artificial intelligence in 2024 to shore up declining revenues from its crypto mining business, mirroring an industry-wide shift toward AI workloads.
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US Treasury seeks public input for state-level stablecoin regulations The Treasury published its notice of proposed rulemaking for states on dollar-pegged stablecoins with market caps of less than $10 billion
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Drift Protocol says deposits and withdrawals suspended amid active attack A threat researcher estimates the exploit could reach $200 million and may be linked to a compromised private key.
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Nakamoto Bitcoin sale could signal industry-wide DAT contagion: Analyst The value of the Bitcoin treasury company's holdings peaked at over $711 million in October 2025, when BTC hit an all-time high of about $126,000.
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California governor signs order banning prediction market insider trading The executive order is the latest in a wave of legal actions in the US seeking to curb government insider trading on prediction markets.
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P2P.me team apologizes for betting on own fundraising outcome The P2P.me team opened positions on the Polymarket prediction platform to wager whether the project would hit its $6 million fundraising goal.
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US lawmakers publish crypto tax proposal without Bitcoin tax exemption A draft US crypto tax bill proposes stablecoin exemptions and new rules for digital assets, but excludes a Bitcoin de minimis provision.
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Twenty One Capital now 2nd-largest publicly traded BTC holder after MARA sale Bitcoin advocate Jack Mallers' Twenty One Capital holds 43,514 BTC in its corporate treasury, now second only to Strategy's 762,099 BTC accumulation.
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Onchain real-world perps surge, while altcoin rout drags on: Report Onchain commodity-linked perpetuals are gaining traction as traders rotate away from underperforming altcoins, according to a Sygnum report.
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ZachXBT claims Circle wrongfully freezing exchange wallets The stablecoin issuer was accused of freezing 16 hot wallets linked to operating businesses, including crypto exchanges and online casinos.
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US lawmakers hash out tokenized securities concerns in latest hearing Industry executives told US lawmakers that existing investor protection and financial surveillance regulations should apply to tokenized securities.
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BTC and gold divergence reflects split between retail and central banks: Analyst 21Shares’ macro chief says Bitcoin and gold are diverging as central bank demand drives gold, while retail adoption shapes BTC’s market behavior.
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Scaramucci says BTC's 4-year cycle still in play, forecasts rise in Q4 Proponents of Bitcoin's four-year cycle theory say the price of BTC typically rises for three of the four years and declines in the final year.
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Fidelity urges SEC to move further on crypto activity by broker-dealers Fidelity called for updated reporting rules and clearer guidance on how decentralized platforms and alternative trading systems should operate under US law.
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‘Hawk Tuah’ girl Haliey Welch says memecoin implosion ‘traumatized’ her Welch said the fallout from the HAWK memecoin left her wary of crypto, adding she still does not fully understand the sector more than a year later.
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Brazil’s finance minister shelves crypto tax policy due to election: Report Brazil is delaying plans to review crypto taxes until after the October 2026 election, as officials avoid pushing divisive reforms during the campaign period.
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SEC crypto guidance marks ‘final nail’ in Gensler era: Analyst The SEC’s digital asset taxonomy introduces new classifications for tokens, signaling a shift in regulatory approach and offering greater clarity for the crypto industry.
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Lawmakers, White House reach ‘agreement in principle’ on CLARITY Act — Report A reported agreement in principle centers on stablecoin yield and interest-bearing tokens, a key point of tension between banks and the crypto industry.
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Google Threat Intel flags 'Ghostblade' crypto-stealing malware Ghostblade is one of six malware tools in the "DarkSword" suite of malicious software designed to steal crypto private keys and user data.
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Traders pricing in TACO trade may be in for ‘rude awakening’ — Analyst The disruption to the oil market and critical energy effects may have long-term economic effects that investors are not pricing in.
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BPI sounds alarm on 'backdoor' for hardware wallets in Kentucky crypto bill Provisions in the state legislation violate the core ethos and value proposition of Bitcoin as an asset that can be held in self-custody, the trade group said.
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Singapore-based Ryde adopts crypto treasury strategy The carpool and ride-sharing platform, which already accepts Bitcoin for customer payment, moves to crypto treasury despite challenges of price declines.