An attacker drained 116,500 rsETH, roughly 18% of circulating supply, from Kelp’s LayerZero-powered bridge on Saturday, triggering emergency freezes across Aave, SparkLend, …
Million
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Regulation
IRS 1099-DA Crypto Rules Land on Tax Day as 53 Million Claim New Exemptions
by shayaanby shayaanIRS 1099-DA crypto reporting requirements take effect for the first time on Tax Day 2026, requiring every American who sold or traded …
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Regulation
Crypto’s new $11 million PAC booked millions in ads with firm started by Tether US CEO
by shayaanby shayaanThe crypto’s industry emerging political action committee, Fellowship PAC, rushed out of the gate this month with $11 million in backing, and …
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Markets
Rakuten to allow XRP to be used as payment method by its 44 million customers
by shayaanby shayaanRakuten Pay users will also be able to spot trade XRP via the Rakuten Pay app and exchange the Japanese e-commerce giant’s …
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Scams
Crypto.com Reveals $1 Million in CRO Fighter Bonuses for White House UFC Fight
by shayaanby shayaanIn brief Crypto.com will co-present UFC Freedom 250 at the White House on June 14, marking America’s 250th birthday. The exchange is …
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Markets
WLFI mints $25 million in fresh USD1 and burns $3 million, days after repayment claim
by shayaanby shayaanThe mint and a simultaneous $3 million burn come days after the venture said it had repaid $25 million of the borrowing …
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Scams
Trump-Linked WLFI Erases $427 Million From Market Cap on DeFi Loan, Token Unlock Proposal
by shayaanby shayaanIn brief World Liberty Financial’s governance token plunged to new lows on Friday, shaving $427 million in market cap over the past …
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DeFi
Tron’s Justin Sun slams Trump-backed WLFI for treating users as ‘personal ATM’ after $75 Million DeFi loan
by shayaanby shayaanTrump-linked World Liberty Financial has lost a key backer after its $75 Million DeFi loan tied up user liquidity, with Justin Sun …
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Markets
Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI
by shayaanby shayaanArkham data shows 8,285 BTC in Coinbase Prime custody as the company swings from $8 billion profit to nearly $5 billion loss …
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JD Vance flew to Budapest on Monday and told a crowd of more than 1,000 Fidesz supporters that America needs Viktor Orban …