Triple-A confirms treasury-wallet breach after losses reach $11.8M
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The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.
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The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.
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Users reported withdrawal delays and freeze notices as wallets attributed to BitMart fell to about $69 million and its BMX token extended an 81.5% weekly decline.
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Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s off-chain database and inserted fraudulent swap records.
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The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a court-approved ownership mechanism for STORJ holders.
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WEMIX suspended bridges, liquidity-pool trading and several services after an attacker compromised a WEMIX$-linked contract and moved 724,198 USDC.e.
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For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-style certifications of events contracts.
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Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while allowing crypto assets to be used in foreign trade operations.
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KB Kookmin Bank will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries.
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Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January.
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Binance regularly tests its employees for security hygiene, as social engineering is becoming a major source of industry breaches.
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While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services.
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The Bitcoin Policy Institute and three partner organizations will be able to send employees to work alongside State Department officials to address issues including digital freedom.
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The OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year.
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South Korean Daily NK reported that North Korea arrested former state cyber operators accused of hacking two state banks and laundering funds through crypto.
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Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation.
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Dango will close its network on Aug. 13, joining BitMEX, Odos and Satori Finance in a wave of recent crypto shutdowns.
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The exchange, already sanctioned by the UK, is now on a list of 18 entities “providing crypto-assets services or payment services“ in defiance of the EU’s measures against Russia.
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Jan3 CEO Samson Mow says the recovery could signal renewed confidence in preferred-share products used by Bitcoin treasury companies.
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According to Senator Elizabeth Warren, the House bill “won’t solve the problem“ of insider trading in Congress as lawmakers will still be allowed to own and sell stocks.
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The window for US lawmakers to address a comprehensive crypto market structure bill before the 2026 elections is closing, and industry organizations are calling for action.