Crypto News

BitMEX faces proposed class-action suit for theft, insider trading as crypto exchange shuts down
The complaint claims BitMEX designed a system to retain customer collateral and alleges an internal desk accessed private user data during server freezes.

Exodus to cut 25% of global workforce in payments shift
This restructuring is part of a strategy to build a full-stack payments platform following the company's acquisitions of Monavate and Baanx.

Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera
Bonzo Lend lost approximately $9.05 million after an attacker exploited a verification flaw in a third-party Supra oracle contract on the Hedera network.

Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus
Migrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, Virtuals, Re and Kraken’s tokenized assets.

BNB Chain is building a new layer-1 for high-frequency trading and AI agents
The network aims to process over 100,000 transactions per second by streaming them directly, eliminating public queues to make trades faster and more secure.

Russia's largest bank plans crypto wallet launch as Moscow clears market path
Services will integrate into "Sberbank Online" and "SberInvestments" once the "On Digital Currency and Digital Rights" bill takes effect in September.

US Treasury sanctions over 100 ISIS-K crypto addresses that moved over $1.4 million
ISIS-K allegedly used its media wing to solicit donations via Tron, Monero, and Bitcoin, highlighting stablecoin issuers' growing role in sanctions enforcement.

Wall Street and crypto are crashing into each other as tokenized treasury markets hit $14.6 billion
Not all crypto exchange executives agree, but the data does not lie: centralized exchange trading volumes dropped more than 11% to $4.61 trillion, their lowest since late 2024.

NEAR price rally gains momentum as cross-chain product activity fuels further 15% jump
The rally is fueled by NEAR Intents, the cross-chain system that has processed over $19 billion in volume and generated $32 million in fees.

Bitcoin, crypto prices tick up as US-Iran peace deal odds climb
Iranian negotiators arrived in Doha for talks, focusing on the Strait of Hormuz and highly enriched uranium, as Pakistan and Qatar are mediating.

