Aave Deposits Drop by $15B Following Kelp DAO Exploit
Aave deposits fell by $15 billion following the $293 million exploit on Kelp DAO, triggering a DeFi liquidity crunch, as traders started betting on the recovery path of the exploit.
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UK FCA Targets Illegal Crypto P2P Trading in Nationwide Raids
UK regulators intensify enforcement against unregistered crypto trading, targeting peer-to-peer operations and signaling stricter oversight of digital asset markets.
MiCA Regime Puts Smaller Crypto Firms Under Pressure as EU...
EU MiCA rules are moving into enforcement, putting smaller crypto firms under pressure as compliance costs rise and grandfathering windows close.
Russia Passes Crypto Regulation Bill In First Reading
Russian lawmakers passed a first reading of a bill regulating digital currency through licensed intermediaries, paving the way for criminal penalties for unlicensed activity.
SEC Moves Closer to Innovation Exemption for Tokenized Markets
The SEC is nearing an innovation exemption for tokenized securities trading and has a crypto taxonomy proposal under White House review.
Coinbase Shifts NY Prediction Markets Case to Federal Court
Coinbase transferred its lawsuit against the New York attorney general to a federal court, in a move that may bring greater clarity related to the CFTC’s jurisdiction over prediction markets.
DeFi Platform Volo Hit by $3.5M Vault Attack, Begins Recovery...
DeFi platform Volo has disclosed a $3.5 million exploit affecting select vaults, with some funds frozen and recovery efforts underway alongside ecosystem partners.
Stratiphy Restores Crypto ETN Access for UK Investors via New...
Stratiphy has relaunched crypto ETN access for UK investors through an ISA structure, reversing earlier restrictions that left no compliant route to tax-free crypto exposure.
Crypto Firms Report Flood of AI-Driven Bug Bounty Submissions
Artificial intelligence tools have driven a massive spike in crypto bug bounty submissions, though a large portion of them are false positives.
Umbra Shuts Front End, Roman Storm Says It’s Not Enough
Privacy protocol Umbra said it has put its front-end website into maintenance mode to make it harder for the hackers responsible for the recent Kelp exploit to move money.
US Law Firm Apologizes For AI Hallucinations in Filing
Wall Street law firm Sullivan & Cromwell sent an apology letter to a bankruptcy judge after one of its filings contained dozens of incorrect citations and errors caused by AI...
