
Solv Protocol Faces $2.7M Exploit, Offers Bounty for Recovery
Solv Protocol has suffered a $2.7 million exploit due to a smart contract vulnerability, prompting a 10% bounty offer for the return of stolen funds.
Bitcoin, Ethereum, DeFi, Layer 1s/2s, and digital assets(279 articles)

Solv Protocol has suffered a $2.7 million exploit due to a smart contract vulnerability, prompting a 10% bounty offer for the return of stolen funds.

The SEC has settled its fraud case against Justin Sun for $10 million, concluding a lengthy legal battle that highlights ongoing regulatory scrutiny in the crypto space.

Kraken Financial becomes the first firm to secure a master account from the US Federal Reserve, marking a pivotal moment for the crypto industry.

The CLARITY Act sparks a fierce debate on US crypto regulation, balancing institutional interests with the potential for stifling innovation.

Harvard's endowment has adjusted its Bitcoin and Ethereum holdings, revealing strategic risk management and signaling growing institutional confidence in crypto.

A New York judge dismissed fraud claims against Uniswap, clarifying that decentralized platforms aren't liable for user misuse, a ruling with far-reaching implications for DeFi.

Bybit's new AI-assisted system successfully blocked over $300 million in fraudulent withdrawals, highlighting the need for enhanced security measures in crypto exchanges.

The ECB warns that rising stablecoin adoption could disrupt bank lending and monetary policy in Europe, indicating significant implications for the financial system.

US authorities seek to recover $327K in Tether linked to a romance fraud scheme, highlighting regulatory scrutiny over stablecoins in money laundering cases.

Jamie Dimon comments on Trump's $5 billion lawsuit, revealing insights into banking practices and regulatory pressures that could reshape the financial landscape.

A report warns that AI could displace jobs, raising unemployment and threatening economic stability within two years. This has immediate implications for market dynamics.

Honor reveals its Robot Phone with a robotic camera and a humanoid robot, aiming to challenge market leaders Samsung and Apple amid rising chip prices.

Columbia University student Elmina Aghayeva was released from ICE detention following intervention from political leaders, raising concerns about immigration enforcement tactics.

US lawmakers have introduced a new bill to protect blockchain developers from prosecution, aiming to redefine legal standards for digital asset control.

Senators raise concerns over Commerce Secretary Lutnick's ties to Cantor Fitzgerald amid a $1.6 billion deal with USA Rare Earth, highlighting potential conflicts of interest.

A solo bitcoin miner turned $75 of rented hashrate into a $200,000 reward, showcasing the evolving dynamics in bitcoin mining and market accessibility.

Three Solana platforms shut down after a $27M hack, highlighting vulnerabilities in DeFi. The incident significantly impacts Solana's total value locked.

The SEC allows broker-dealers to apply a 2% haircut on stablecoins, easing capital requirements and encouraging broader adoption in the financial system.

A recent survey reveals that 72% of U.S. workers now depend on side incomes due to rising living costs, shifting the landscape of employment and financial security.

Former South Korean President Yoon Suk Yeol has been sentenced to life imprisonment for leading an insurrection during a martial law declaration, impacting the nation’s political landscape.