Crypto News

Daily crypto news rewritten with sharp analysis and actionable insights from Alpha Factory.

Justice Department's Crypto Crackdown Nets $701M as Scam Task Force Escalates Enforcement
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Justice Department's Crypto Crackdown Nets $701M as Scam Task Force Escalates Enforcement

The U. S.

CoinTelegraph5 months ago
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Major Crypto Protocols Band Together With 43K ETH Commitment to Stabilize rsETH Backing
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Major Crypto Protocols Band Together With 43K ETH Commitment to Stabilize rsETH Backing

A coalition of eight prominent crypto protocols has stepped up to stabilize the rsETH ecosystem through what's being called the "DeFi United" recovery...

CoinTelegraph5 months ago
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Circle Economist's Radical Fix: Cap Aave USDC Rates at 50% to Break Liquidity Deadlock
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Circle Economist's Radical Fix: Cap Aave USDC Rates at 50% to Break Liquidity Deadlock

Circle's economics team has thrown down a controversial proposal to address Aave's mounting USDC liquidity crisis: implement a hard ceiling on borrowi...

Decrypt5 months ago
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Treasury Targets Cambodian Political Elite Over Alleged Crypto Scam Empire
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Treasury Targets Cambodian Political Elite Over Alleged Crypto Scam Empire

The US Treasury Department has thrown down the hammer on Kok An, a powerful Cambodian senator, for allegedly operating one of Southeast Asia's largest...

Decrypt5 months ago
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Kelp DAO Exploiter Successfully Moves $175M in Stolen ETH Through THORchain's Cross-Chain Bridge
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Kelp DAO Exploiter Successfully Moves $175M in Stolen ETH Through THORchain's Cross-Chain Bridge

The attacker behind the Kelp DAO exploit has managed to launder nearly the entire haul of 75,700 stolen ETH through THORchain, Crypto Sleuth reported....

CoinTelegraph5 months ago
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DeFi Protocol Flying Tulip Deploys Circuit Breaker Tech as Exploit Risks Intensify
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DeFi Protocol Flying Tulip Deploys Circuit Breaker Tech as Exploit Risks Intensify

Andre Cronje's latest project is taking a hard look at how DeFi protocols protect user funds. Flying Tulip has rolled out a withdrawal circuit breake...

CoinTelegraph5 months ago
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DeFi Exodus: Aave Hemorrhages $15B in Deposits Following Kelp DAO Fallout
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DeFi Exodus: Aave Hemorrhages $15B in Deposits Following Kelp DAO Fallout

Aave is experiencing a significant capital drain as depositors vote with their feet following the Kelp DAO bridge exploit. The leading DeFi lending p...

CoinTelegraph5 months ago
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Bitcoin Surges Past $78K as Political Backdrop Shifts Market Sentiment
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Bitcoin Surges Past $78K as Political Backdrop Shifts Market Sentiment

Bitcoin just blasted through $78,000, and the timing is telling us something about how macro conditions are reshaping crypto market dynamics. We're w...

Decrypt5 months ago
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Security Researchers Expose Critical Prompt Injection Vulnerability in Google's Antigravity AI Coding Platform
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Security Researchers Expose Critical Prompt Injection Vulnerability in Google's Antigravity AI Coding Platform

Google's Antigravity AI coding tool has a serious security flaw that researchers discovered could enable attackers to execute malicious code and bypas...

Decrypt5 months ago
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South Korea's Tax Authority Eyes Advanced Crypto Tracking Tech to Catch Tax Evaders
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South Korea's Tax Authority Eyes Advanced Crypto Tracking Tech to Catch Tax Evaders

South Korea's National Tax Service (NTS) is making a serious move to tighten enforcement: they've opened bidding for specialized software to track vir...

CoinTelegraph5 months ago
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$17B Vanished: Private Key Compromises Now Crypto's Biggest Security Threat
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$17B Vanished: Private Key Compromises Now Crypto's Biggest Security Threat

Private key compromises have emerged as the crypto industry's costliest vulnerability, with attackers stealing over $17 billion across 518 recorded in...

CoinTelegraph5 months ago
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$175M Ethereum Exodus: Kelp DAO Attacker Begins Laundering Operation Through Privacy Protocols
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$175M Ethereum Exodus: Kelp DAO Attacker Begins Laundering Operation Through Privacy Protocols

The Kelp DAO attacker has made their first major move since draining nearly $290 million in restaked Ether—shifting approximately 75,700 ETH ($175 mil...

CoinTelegraph5 months ago
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Arbitrum's Security Council Freezes $71M in Stolen Ether—A Test of Decentralization
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Arbitrum's Security Council Freezes $71M in Stolen Ether—A Test of Decentralization

Arbitrum's 12-member security council took emergency action Monday, freezing over 30,000 ETH (worth roughly $71. 2 million) connected to the Kelp prot...

CoinTelegraph5 months ago
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Aave's Risk Team Maps Two Paths Forward After Kelp DAO Exploit—Each With Serious Tradeoffs
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Aave's Risk Team Maps Two Paths Forward After Kelp DAO Exploit—Each With Serious Tradeoffs

An Aave risk manager has laid out two distinct scenarios for handling fallout from the Kelp DAO exploit, and they're forcing the protocol to choose be...

CoinTelegraph5 months ago
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DeFi Platform Faces Crisis as $292M KelpDAO Hack Triggers $13B TVL Pullback
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DeFi Platform Faces Crisis as $292M KelpDAO Hack Triggers $13B TVL Pullback

The decentralized finance sector just took a gut punch. A sophisticated breach of KelpDAO resulted in a $292 million exploit, and the fallout has bee...

Decrypt5 months ago
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Coinbase Launches UK Crypto Lending as Britain's Regulatory Framework Takes Shape
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Coinbase Launches UK Crypto Lending as Britain's Regulatory Framework Takes Shape

Coinbase is making a strategic move into the UK lending market, rolling out crypto-backed USDC loans for British users collateralized by Bitcoin, Ethe...

CoinTelegraph5 months ago
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AI-Driven Attackers Exploited Vercel's Infrastructure: What Crypto Traders Need to Know
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AI-Driven Attackers Exploited Vercel's Infrastructure: What Crypto Traders Need to Know

Vercel, the cloud platform powering countless crypto exchange frontends and DeFi interfaces, suffered a breach orchestrated by "highly sophisticated" ...

Decrypt5 months ago
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LayerZero Points to Kelp's DVN Misconfiguration as $290M Bridge Exploit Unravels Aave
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LayerZero Points to Kelp's DVN Misconfiguration as $290M Bridge Exploit Unravels Aave

LayerZero is pointing fingers at Kelp DAO's risky infrastructure choices following the $290 million rsETH bridge exploit, but the real question now is...

CoinTelegraph5 months ago
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Mastercard Bridges Traditional Finance and Crypto: Testing Stablecoin Settlement for Card Transactions
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Mastercard Bridges Traditional Finance and Crypto: Testing Stablecoin Settlement for Card Transactions

Mastercard is modernizing its payment infrastructure by integrating stablecoins into the card settlement process—a move that signals how traditional f...

CoinTelegraph5 months ago
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$8 Billion Evaporates From Aave After $293M Kelp DAO Bridge Heist
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$8 Billion Evaporates From Aave After $293M Kelp DAO Bridge Heist

The Aave protocol just experienced a brutal stress test. We watched total value locked (TVL) crater by nearly $8 billion over the weekend—a stunning ...

CoinTelegraph5 months ago
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