Aave’s supplied balance has tanked since the Kelp DAO bridge exploit, as users pull funds amid uncertainty over how much of the rsETH-linked shortfall the protocol will ultimately absorb. Read More at https://cointelegraph.com/news/aave-deposits-drop-15b-kelp-dao-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
UK cracks down on illegal peer-to-peer crypto trading in nationwide raids
The Financial Conduct Authority has raided eight locations suspected of illegal peer-to-peer crypto trading, issuing cease-and-desist orders. Read More at https://cointelegraph.com/news/uk-fca-illegal-peer-to-peer-crypto-trading-raids?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Europe’s MiCA regime puts smaller crypto firms under pressure
Smaller crypto companies across Europe face mounting compliance costs as MiCA moves from framework to enforcement, raising fears of market consolidation. Read More at https://cointelegraph.com/news/europe-mica-regime-smaller-crypto-firms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia advances crypto bill that could pave way for criminal penalties
Russian lawmakers passed a first reading of a bill regulating crypto through licensed intermediaries, with key rules set to take effect in July 2026 and 2027. Read More at https://cointelegraph.com/news/russia-first-reading-crypto-bill-criminal-crackdown-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
North Korea tied to heists worth $578M in April after Kelp DAO exploit
DPRK-linked crypto theft topped $578M in April after the Kelp DAO exploit, as attacks continue to expand across protocols, companies and end users. Read More at https://cointelegraph.com/news/north-korean-hackers-578m-april-kelp-dao-exploit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC ‘on the cusp’ of onchain tokenized securities exemption: Atkins
SEC Chair Paul Atkins says the SEC is “on the cusp” of an innovation exemption to enable compliant onchain trading of tokenized securities. Read More at https://cointelegraph.com/news/sec-tokenized-securities-exemption-nears-release?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
‘Powerful move’ looms for Bitcoin price, says Bollinger Bands indicator
Bitcoin’s technical indicators predicted a significant move ahead for BTC, but the price must first break resistance at $80,000. Read More at https://cointelegraph.com/news/powerful-move-looms-bitcoin-price-bollinger-bands-indicator?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase shifts New York prediction markets fight to federal court
Coinbase legal chief Paul Grewal says the company removed New York’s prediction markets lawsuit to federal court, setting up a sharper fight over CFTC authority and state gambling laws. Read More at https://cointelegraph.com/news/coinbase-ny-prediction-markets-federal-court?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ‘Bull Score’ hits six-month high as 2022 bear-market fears linger
Bitcoin price metrics saw a broad recovery in April, but analysis warns that the 2022 bear-market breakdown could still repeat. Read More at https://cointelegraph.com/news/bitcoin-bull-score-hits-six-month-high-2022-bear-market-fears-linger?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit
Volo Protocol has confirmed a $3.5 million exploit affecting select vaults, adding that it has frozen assets and started fund recovery efforts amid ongoing investigation. Read More at https://cointelegraph.com/news/volo-defi-3-5m-exploit-vault-attack-recovery?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound