Crypto News

Crypto News

Finance

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.

BitMEX logo in front of building (CoinDesk)

Finance

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.

Two individuals leaving an office (The Jopwell Collection/Unsplash)

Web3

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.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

Finance

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.

People migrating (Sébastien Goldberg/Unsplash)

Web3

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.

AI chip (Igor Omilaev/Unsplash)

Finance

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.

Sberbank signs on a branch building.

Policy

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.

People holding black flag (mhrezaa/Unsplash)

Markets

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.

Wall Street. (Daniel Lloyd/Unsplash)

Markets

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.

Near co-founder Illia Polosukhin speaks at NEARCON 2021. (NEAR)

Markets

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.

U.S. President Donald Trump speaking at Mar-a-Lago.