Polymarket in Talks to Raise $400M at $15B Valuation
Prediction market platform Polymarket is reportedly in discussions to raise $400 million at a $15 billion valuation. The figure would still fall short of rival platform Kalshi's $22 billion valuation from its most recent...
Kelp DAO Hack Triggers $13B DeFi Wipeout; Lazarus Group Blamed
A hack of Kelp DAO drained approximately $290–$293M (sources differ slightly on the figure) and triggered a broader DeFi collapse exceeding $13 billion in two days. Aave's TVL dropped $8B and its token fell nearly 20% ...
Hackers Used Social Engineering to Hijack eth.limo Domain
Hackers impersonated the eth.limo team in a sophisticated social engineering attack to seize control of its domain, according to a post-mortem report. EasyDNS CEO Mark Jeftovic confirmed the attack was highly sophisticat...
Vercel Security Breach Forces Crypto Developers to Secure API Keys
A hack at Vercel has prompted crypto developers to urgently review and lock down their API keys. The incident highlights supply-chain security risks for developer tooling widely used in the crypto space....
$292 Million Kelp DeFi Exploit: How It Happened and Its Implications
CoinDesk reports on a $292 million exploit targeting Kelp, detailing the mechanics of the attack and its broader consequences for the decentralized finance ecosystem....
Moody's Analyst: Stablecoins Pose No Near-Term Threat to Banks
A Moody's analyst argues that stablecoins are unlikely to erode banks' market share in the near term. Key reasons cited include a prohibition on yield-bearing stablecoins and the robustness of existing US payments infras...
Kelp DAO $291M Hack Triggers Aave Liquidity Crunch, $6B Deposit Flight
Attackers drained $291 million from Kelp DAO-linked infrastructure, triggering a cascade of panic withdrawals and a liquidity crunch on Aave, where users struggled to pull funds. Aave saw roughly $6 billion in deposits e...
2024 Bitcoin Halving Cycle 'Dramatically' Underperforming Prior Cycles: Galaxy Analyst
Volatility and upside potential have been declining with each successive Bitcoin halving cycle, with the post-2024 halving period performing dramatically worse than its predecessors, according to Galaxy's Alex Thorn. How...
Consensus Policy Summit Preview: Inside the State of Crypto Regulation
CoinDesk offers a preview of the upcoming Policy Summit at Consensus, examining the current regulatory landscape for the crypto industry. The event is expected to bring together policymakers and industry leaders to discu...
Web3 Venture Capital Faces Growing Differentiation Problem
A CoinDesk analysis argues that Web3 venture capital firms are struggling to stand out from one another as the market matures, raising questions about how investors can distinguish their value proposition to founders and...
The 10 Public Companies Holding the Largest Bitcoin Portfolios
A new ranking highlights the publicly traded companies with the biggest Bitcoin holdings, led by firms such as Strategy, Twenty One, and Metaplanet, which collectively hold billions of dollars in BTC. These corporate wha...
AI-Driven Retail Traffic Surges 393% in Q1 2026, Outspending Human Shoppers
AI-generated traffic to U.S. retail websites jumped 393% in the first quarter of 2026 compared to the prior year, as agentic AI shoppers became a significant force in e-commerce. Notably, these AI-driven visitors are gen...
Stablecoins Can Turn Business Costs Into Revenue, Says Paxos Labs Co-Founder
The co-founder of Paxos Labs contends that stablecoins offer businesses a practical way to convert traditional financial costs — such as payment processing and settlement fees — into new revenue streams. The argument...
RaveDAO's RAVE Token Crashes 90% in Single Day as Exchange Probes Expand
The RAVE token issued by RaveDAO collapsed approximately 90% within a single day, as investigations by exchanges into the project widened. The sharp decline signals deepening regulatory and platform scrutiny of the token...
Physical Attacks on Crypto Holders Rise, France Emerges as Key Hotspot
So-called 'wrench attacks' — physical assaults targeting cryptocurrency holders to steal funds — are on the rise, with France emerging as a notable center of such incidents. The trend highlights growing personal secu...
65% of Institutional Investors View Crypto as Essential Portfolio Diversifier, Nomura Finds
A study by Nomura found that 65% of institutional investors consider cryptocurrency a vital tool for portfolio diversification. The findings suggest growing mainstream acceptance of digital assets among professional mone...
Bitcoin Drops to $75K Amid Strait of Hormuz Closure Fears
Bitcoin fell to $75,000 as renewed US-Iran tensions, including a reported closure of the Strait of Hormuz oil route, rattled markets. The geopolitical escalation has shifted investor focus toward energy supply disruption...
Single Keyholder Controls $200M of Project's Crypto, Raising Governance Concerns
One individual holds sole custody of private keys controlling $200 million worth of a crypto project's assets, according to a report. The project's co-founder has acknowledged the arrangement is unsustainable and must be...
Alcoa to Sell Idle Massena East Smelter to Bitcoin Miner NYDIG
Aluminum producer Alcoa is reportedly nearing a deal to sell its dormant Massena East smelter to Bitcoin mining firm NYDIG. The transaction reflects a broader trend of repurposing US industrial sites for Bitcoin mining a...
Binance and Bitget Probe RAVE Token Trading as RaveDAO Denies Manipulation
Crypto exchanges Binance and Bitget have launched investigations into suspected market manipulation surrounding the RAVE token following unusual price activity. RaveDAO has denied any involvement in the token's price sur...