Found 11104 news
A security vulnerability in the Zilliqa Ledger app is enabling attackers to reconstruct private keys using publicly available onchain data. Layer-1 blockchain network Zilliqa warned that a vulnerability in the Zilliqa Ledger app could allow attackers to recover users’ private keys using publicly available onchain data. “The vulnerability causes signatures to be generated with predictably weakened ephemeral nonces, from which an attacker can recover the signer’s private key,” Zilliqa said in a Wednesday X post. Zilliqa said protective measures are in place to prevent further losses and that a coordinated remediation plan is being finalized. Users who signed at least five native Zilliqa transactions with a Ledger device are considered compromised and are advised to await further guidance before taking any action. Read more
US prosecutors are seeking more than $25 million in cryptocurrency allegedly connected to international fraud and laundering networks. The US Department of Justice (DOJ) has filed five civil forfeiture complaints seeking more than $25 million in crypto allegedly tied to international investment, romance and recovery scams targeting victims in Canada and the United States. On Tuesday, the US Attorney’s Office for the District of Columbia and the US Secret Service’s Washington Field Office said that the assets were recovered through separate investigations by the Cyber Fraud Task Force. Investigators identified several laundering networks and confirmed thousands of victims worldwide who were misled into believing they were making legitimate digital asset investments. The action highlights the growing scale of crypto-enabled romance and investment scams, which often combine social engineering with fraudulent trading platforms and layered wallet transfers to conceal stolen funds. Read more
The integration provides institutional clients with access to Kalshi’s event contracts and crypto perpetuals via Talos’ existing trading infrastructure. Institutional crypto trading platform Talos has integrated with Kalshi, allowing select clients to trade the prediction market operator’s event contracts and crypto perpetuals through the same infrastructure they already use for digital assets, eliminating the need for a separate connection. Talos will offer algorithmic order types including Iceberg, TWAP and POV, along with multi-leg execution for perp-to-perp and perp-to-spot spread trades. The company said institutional clients will also be able to execute block trades in Kalshi contracts through its request-for-quote platform using participating over-the-counter liquidity providers. Later this year, Talos plans to extend its dealer software to brokers and trading platforms, allowing them to offer Kalshi event contracts directly to customers where permitted. The company also plans to launch a unified predi...
Trading activity on South Korea’s five major crypto exchanges fell sharply as the KOSPI surged, signaling a shift in retail investors toward equities. South Korea’s major crypto exchanges have seen their trading activity fall sharply over the past year as the country’s stock market surged, suggesting retail speculative interest may be shifting toward equities, Cointelegraph analysis shows. The Korea Composite Stock Price Index (KOSPI) benchmark more than doubled over the period, while volumes across the country’s largest won-based crypto platforms contracted. Cointelegraph reviewed CoinGecko’s historical 24-hour volume readings for Upbit, Bithumb, Coinone, Korbit and Gopax, comparing seven-day periods in July 2025 and July 2026. Read more
Foundry USA asked its mining customers to signal their support for BIP-110, an actively debated proposal seeking to shrink the amount of data that can be stored in a Bitcoin transaction. Foundry USA began asking mining customers to vote on how the pool should signal on Bitcoin Improvement Proposal (BIP-110), a soft fork proposing to shrink how much data can be stored in Bitcoin transactions to limit non-monetary transactions, such as Ordinals, on the Bitcoin network. The world’s largest mining pool by hashrate also released educational resources on the proposal and said that the voting window will close at Bitcoin block 961,632, or sometime in early August. Foundry’s mining clients can cast their votes by accessing a link received via email. Read more
SecondFi will wind down after a $2.6 million ADA theft, while users still await recovery tools that were initially expected within weeks of the exploit. Cardano-based wallet SecondFi is preparing to shut down after a security breach exposed issues around wallet security and left hundreds of users awaiting recovery options. SecondFi said it will wind down SecondFi and Yoroi wallet services after attackers stole about 16.1 million ADA, worth roughly $2.6 million, due to a cryptographic flaw in its wallet software, according to an update published on Wednesday. The platform said an independent investigation by blockchain intelligence provider Groom Lake identified a sophisticated external actor behind the attack and found indicators potentially linked to North Korea’s Lazarus Group, although no attribution has been confirmed. It added that the breach affected 374 wallets. Read more
Galaxy pledged up to $5 million in grants for developers working on Bitcoin’s quantum security and elected a council of quantum-advisory experts to research quantum-resistant migration solutions. Galaxy Digital has pledged up to $5 million in grants to open-source developers building post-quantum cryptography for Bitcoin. The company also formed a quantum advisory council under its Bitcoin Quantum Readiness Initiative, which it announced Tuesday. The council includes Barry Sanders, professor and scientific director of Quantum City at the University of Calgary; Damien Bérubé, an MIT Sea Grant Knauss fellow; and Eran Tromer, professor of computer science at Boston University. The grants will fund quantum-resistant upgrade proposals, post-quantum cryptography, Bitcoin signature schemes, wallet and custodian migration tooling and formal security audits. Read more
US spot Bitcoin ETFs extended their inflow streak to six sessions, bringing in about $930 million while remaining down $4.84 billion on a net basis year to date. US-listed spot Bitcoin exchange-traded funds (ETFs) recorded their sixth consecutive day of net inflows on Tuesday, adding $203.1 million. The Bitcoin ETFs attracted about $930 million over the six-session streak, their longest run of consecutive inflows since April, according to SoSoValue data. The inflows came as Bitcoin traded above $65,000 and briefly climbed to $66,700 on Tuesday. At publication, Bitcoin traded at $65,802, up about 2% over the previous 24 hours, according to CoinGecko. Read more
The attack allowed the exploiter to liquidate multiple Bitcoin-backed vaults before swapping the assets for profit. Update July 22 at 4:37 am UTC: The article has been updated to include additional information from Slowmist about the exploit method. Balance Coin, an algorithmic stablecoin designed to maintain a peg to the US dollar, has fallen more than 99% following a reported exploit. The stablecoin, the native algorithmic stablecoin of Balance Protocol, is trading at $0.001358 at the time of writing, down from $0.9954, according to CoinMarketCap. Read more
OpenAI called it an “unprecedented cyber incident” after its AI models broke out of their sandbox to hack an AI startup during a security evaluation. OpenAI disclosed Tuesday that a combination of its AI models, including GPT-5.6 Sol and a more capable unreleased model, escaped its testing environment and hacked AI startup Hugging Face last week to cheat on a test meant to measure their capabilities. In a blog post, OpenAI said the evaluation was designed to operate in a highly isolated environment with restricted network access. The models, however, found a way to gain internet access through a zero-day vulnerability in an internally-hosted third party software, OpenAI said. “After gaining Internet access, the models inferred that Hugging Face potentially hosted models, datasets and solutions for ExploitGym,” it said. “Knowing this, the model searched for and successfully found ways to gain access to secret information that it could use to cheat the evaluation.” Read more
The agreement gives Balaji Srinivasan’s tech community a potential new base as Malaysian authorities clamp down on the Network School over alleged licensing breaches. Balaji Srinivasan’s Network School, a community of “digital nomads,” is eyeing a new campus in Kazakhstan after its Forest City campus had its business license revoked over alleged premises-use violations. A memorandum of understanding was signed between Kazakhstan’s Minister of Digital Development, Innovation and Aerospace Industry Zhaslan Madiyev and Srinivasan to establish the first Network School campus in Kazakhstan, according to a statement from the ministry. The Kazakhstan agreement gives the Network School a potential new base after its Johor operation was ordered to cease operations effective Wednesday. Kazakhstan has been positioning itself as an emerging technology hub, including plans for Central Asia’s first “crypto city” in Alatau. Read more
According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive growth of prediction markets.” Lawmakers in the US House Committee on Agriculture’s Subcommittee on Commodity Markets, Digital Assets, and Rural Development held a hearing on how the Commodity Futures Trading Commission (CFTC) could address oversight of prediction market companies, including discussions of pending crypto market structure legislation. In a Tuesday hearing on “Examining Customer Protections and Market Integrity in Sports Event Prediction Markets,” Carl Kennedy, a partner at New York law firm Katten Muchin Rosenman, said that the CFTC was likely too “short-staffed” to fully deal with the regulation and enforcement of prediction market platforms like Kalshi and Polymarket. According to the lawyer, the Digital Asset Market Clarity (CLARITY) Act under consideration in the US Senate could grant the commodities regulator additional authority not...
The blockchain developer will continue operating under court supervision as it restructures following a market-making scandal, a co-founder’s suspension, and exchange delistings that rocked the project. Movement Labs, the developer behind the Movement Ethereum layer-2 blockchain, has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware, according to court records. The petition was filed July 15 under Subchapter V, a streamlined reorganization process for qualifying small businesses. The filing allows the company to continue operating while it restructures under court supervision. On Monday, the court approved interim requests allowing Movement Labs to maintain its bank accounts and cash management systems and obtain debtor-in-possession financing to fund operations during the bankruptcy process. Creditors have until Sept. 14 to file claims. Read more
Ether’s rally faces onchain headwinds, but rising staking demand and Google earnings could spark the push toward $2,100. Key takeaways: Ether (ETH) tested the $1,950 mark for the first time in seven weeks on Tuesday, triggering $62 million in liquidations across leveraged bearish positions. The move delivered 29% gains from the $1,500 low on June 26 and aligned with the broader risk-on mood that drove Bitcoin (BTC) above $66,500. Can ETH push through to $2,100? Read more
A senior official with Pakistan’s Federal Investigation Agency reportedly recommended other agencies establish similar units to address crypto-related crime. Pakistan’s Federal Investigation Agency (FIA) established a dedicated investigative unit to probe cases involving cybercrime and financial fraud linked to cryptocurrency. First reported by Dawn news on Tuesday, the crypto investigation unit will probe digital asset use in crimes, while Pakistan’s Virtual Assets Regulatory Authority (PVARA) will continue being responsible for digital asset regulation. FIA Counter-Terrorism Wing Director Muhammad Athar Waheed reportedly recommended other agencies in the country establish similar units to address crypto-related crime. Bilal Bin Saqib, who chairs PVARA, said in December 2025 that Pakistan ranked as the world’s third-largest crypto market by retail activity. Former Binance CEO Changpeng Zhao said at the same event that, based on Pakistan’s crypto regulation and adoption, the country could become a world lead...
Telegram founder Pavel Durov said the messaging platform will roll out a native non-custodial Gram wallet this summer, bringing self-custody crypto transactions to its more than 1 billion users. Telegram plans to roll out a native non-custodial Gram wallet across its messaging app this summer, potentially bringing self-custody crypto payments to more than 1 billion monthly active users. In a post on Wednesday, founder Pavel Durov said the wallet would allow users to send cryptocurrency instantly and without fees. He described it as the “largest rollout of a non-custodial crypto wallet in human history,” though Telegram has not disclosed a firm launch date or additional technical details. Pavel Durov announces Telegram’s Gram wallet. Source: Pavel Durov Read more
Bitcoin topped $67,000 while crypto stocks rallied on optimism over US crypto legislation and signs investors may be rotating out of AI trades. Bitcoin and the broader cryptocurrency market looked poised for a recovery on Tuesday as progress on landmark US crypto legislation boosted sentiment, with analysts also pointing to a slowdown in the AI trade as a potential catalyst for capital rotating back into digital assets. Bitcoin (BTC) briefly climbed above $67,000 and Ether (ETH) neared $1,950, while crypto-related stocks rallied sharply. Coinbase shares rose 12%, American Bitcoin gained 14% and Cipher Digital jumped 17%. The gains came after US Treasury Secretary Scott Bessent said lawmakers were at the “1-yard line” on the long-debated CLARITY Act, which would define the regulatory roles of the Securities and Exchange Commission and Commodity Futures Trading Commission over digital assets. Read more
Bitcoin topped $67,000 while crypto stocks rallied on optimism over US crypto legislation and signs investors may be rotating out of AI trades. Bitcoin and the broader cryptocurrency market looked poised for a recovery on Tuesday as progress on landmark US crypto legislation boosted sentiment, with analysts also pointing to a slowdown in the AI trade as a potential catalyst for capital rotating back into digital assets. Bitcoin (BTC) briefly climbed above $67,000 and Ether (ETH) neared $1,950, while crypto-related stocks rallied sharply. Coinbase shares rose 12%, American Bitcoin gained 14% and Cipher Digital jumped 17%. The gains came after US Treasury Secretary Scott Bessent said lawmakers were at the “1-yard line” on the long-debated CLARITY Act, which would define the regulatory roles of the Securities and Exchange Commission and Commodity Futures Trading Commission over digital assets. Read more
The price of Bitcoin moved above $66,000 to reach a seven-week high on Tuesday as reports circulated of a deal with the White House to address ethics in the CLARITY Act. The White House agreed to provisions in a crypto market structure bill that could ensure support from some Democratic lawmakers in the US Senate. According to a Tuesday Punchbowl report, White House officials met with Republican Senators Cynthia Lummis and Bernie Moreno to reach an agreement on ethics language in the Digital Asset Market Clarity (CLARITY) Act under consideration in the Senate. Neither Lummis nor Moreno have publicly announced the details of the deal, which could facilitate Democratic support in what is expected to be a tight Senate vote, but the report suggested that it could affect US President Donald Trump’s crypto investments. Read more
Researchers found dollar-backed stablecoins are less affected by capital controls than traditional bank deposits, raising new questions about monetary sovereignty in emerging markets. Researchers at the Bank for International Settlements (BIS) found that dollar-backed stablecoins are creating a new form of “digital dollarization” that appears largely unaffected by capital controls, particularly in emerging markets. The new study suggests governments may have less ability to curb stablecoin adoption than traditional foreign-currency bank deposits. BIS researchers analyzed foreign-currency deposits and dollar-pegged stablecoin inflows across more than 130 economies, finding that both tend to increase during periods of macroeconomic stress. Unlike traditional bank deposits, however, stablecoin flows showed little response to capital controls or other FX restrictions. The authors said this likely occurs because “stablecoins are partly circulating outside the regulatory perimeter.” Read more11104 items