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Bitcoin, Ethereum, DeFi, NFTs and the broader crypto market - breaking news, price analysis and regulation updates.
Indonesia's Ministry of Communication and Digital Affairs has blocked access to Polymarket, ruling that crypto-based prediction markets constitute online gambling under local law. The ban reflects a broader regional crackdown on prediction platforms across Asia.
3 min read
Echo Protocol suffered a $76.7 million exploit involving stolen admin credentials and minted fake eBTC. Security analysis reveals the incident stemmed from compromised administrative access rather than a smart contract vulnerability, raising questions about centralized control mechanisms in DeFi protocols.
3 min read
Squid's core protocol remained unaffected after the SquidRouterModule, a third-party component, was exploited for approximately $3.2 million. The project distanced itself from the compromised module while investigating the security breach.
2 min read
80,535 contracts worth $6.25 billion settle on Deribit May 29, with $75,000 puts and $80,000 calls creating competing pressures. Current Bitcoin price at $77,335 sits between max pain at $75,000 and bullish call positioning.
3 min read
Missouri's attorney general filed suit against CoinFlip, alleging its cryptocurrency ATMs facilitated widespread consumer fraud and charged excessive fees. The lawsuit highlights regulatory pressure on crypto infrastructure providers.
3 min read
Security researchers identified a TrapDoor malware campaign using malicious packages on npm, PyPI, and Crates.io to compromise crypto developer environments. The attack targeted developers building on Aptos, Sui, and Solana ecosystems through trojanized open-source dependencies.
3 min read
The wife of Sandbox co-founder Sebastien Borget was targeted in a kidnapping attempt at their home in France, marking another incident amid a surge in crypto-related crimes. France has logged over 41 crypto kidnappings in 2026.
3 min read
London-listed trading giant IG plans to expand cryptocurrency services across Europe using Bitpanda's infrastructure, a year after launching spot crypto trading in the U.K. The move leverages Bitpanda's liquidity and market connectivity to reach European investors.
3 min read
A new malware strain called Shai-Hulud is spreading through software development pipelines, posing risks to cryptocurrency projects and their users. Security researchers warn of potential supply chain attacks affecting crypto infrastructure.
3 min read
OpenAI is expected to file for an initial public offering within days, with plans to list publicly in September, according to The Wall Street Journal. The move marks a major milestone for the artificial intelligence company.
2 min read
Financial analysis suggests XRP could potentially reach $589 as it competes in the broader financial services market valued at $73 trillion. The projection reflects growing institutional adoption and use cases for Ripple's blockchain technology.
2 min read
CoinDesk's Crypto Long & Short newsletter examines how BTC-backed lending represents a capital efficiency story rather than a crypto narrative, while stablecoins emerge as settlement infrastructure for global finance.
2 min read
South Carolina has enacted legislation prohibiting central bank digital currencies while establishing protections for cryptocurrency users and bitcoin miners operating in the state. The law represents a significant policy stance against federal CBDC implementation.
2 min read
Ethereum traders warn of a potential 50% price decline to $1,075 if ETH breaks below the $2,000 support level, mirroring a bearish pattern that preceded a 41% drop in January. Over $1.70 billion in long positions face liquidation risk at lower levels.
2 min read
New York Times investigation reveals two CFTC officials intervened to secure approvals for three cryptocurrency firms despite staff objections. Both officials subsequently took positions at MoonPay and Gemini Titan.
3 min read
Vitalik Buterin announced the Ethereum Foundation will prioritize longevity over breadth, reducing ETH token sales and focusing on core CROPS properties amid researcher departures.
2 min read
Fenwick & West LLP agreed to pay $54 million to settle a 2023 class action lawsuit filed by former FTX customers. The Silicon Valley law firm faces additional scrutiny over its role in facilitating the crypto exchange's collapse and alleged fraud schemes.
3 min read
South Carolina Governor Henry McMaster signed Senate Bill 163 into law on May 19, 2026, establishing a comprehensive framework for cryptocurrency use and explicitly prohibiting state entities from using central bank digital currencies.
3 min read
EURR and USDR stablecoins lost their dollar pegs after an attacker exploited a multisig vulnerability to mint $13.5 million in unbacked tokens, dumping approximately $10.4 million on decentralized exchanges.
3 min read
Truth Social has exited its spot Bitcoin ETF initiative as competitive pressures and fee compression reshape the crypto investment landscape. The decision reflects how brutal market dynamics have become for new entrants competing against established players.
3 min read
A New York Times investigation revealed that senior CFTC officials who raised concerns about Polymarket, Crypto.com and Gemini were suspended and pushed out of the agency. The officials had flagged issues regarding fraud protections and fair treatment of small bettors.
3 min read
XRP encountered significant selling pressure at the $1.50 resistance level, prompting analysts to assess whether the cryptocurrency could decline toward $1.00 support in the near term.
2 min read
Truth Social has pulled three cryptocurrency ETF applications from SEC review. The withdrawal marks a setback for the platform's expansion into digital asset investment products.
3 min read
Changpeng Zhao has urged cryptocurrency developers to immediately rotate their API keys following a GitHub security breach. The warning highlights growing cybersecurity concerns within the crypto development community.
2 min read
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