Crypto News
Daily crypto news rewritten with sharp analysis and actionable insights from Alpha Factory.
The Great Convergence: How Crypto and Wall Street Are Colliding Over the Same Turf
The battlefield is shifting. What was once a clear divide between traditional finance and crypto is now blurring as stablecoins and tokenized assets ...
Magic Eden's Legacy Approval Vulnerability Puts $5.7M in NFTs at Risk—Until Whitehat Rescue
Magic Eden, one of crypto's leading NFT marketplaces, had a serious security gap that left millions in digital assets hanging in the balance. The pla...
IRS Gets Crypto Gains Data—But Can't See Your Cost Basis, Creating Tax Chaos
The IRS is now receiving detailed reports of cryptocurrency gains from major exchanges, but here's the problem: they're getting half the picture. Exc...
KelpDAO Developer Claims LayerZero Gave Conflicting Security Guidance Before $292M Bridge Exploit
The KelpDAO developer behind Evercrest is taking legal action against LayerZero, alleging the cross-chain protocol bears responsibility for a $292 mil...
KelpDAO Takes Legal Action Against LayerZero Over $292M rsETH Bridge Exploit
KelpDAO is pursuing litigation against LayerZero and its founder Bryan Pellegrino following the April 18 rsETH exploit that resulted in $292 million i...
KelpDAO Takes Legal Action Against LayerZero and CEO Over $292M rsETH Security Breach
KelpDAO is mounting a legal offensive against LayerZero and its CEO Bryan Pellegrino following a devastating $292 million exploit of its rsETH bridge—...
Samourai Wallet Co-Founder's Legal Nightmare Continues With Another Prison Transfer
Keonne Rodriguez, co-founder of the privacy-focused Samourai Wallet, is staring down yet another prison transfer after a grueling 30-day ordeal in his...
Australia's PM Calls for AI Guardrails After OpenAI Agent Breaches Government System
Australia's Prime Minister Anthony Albanese is sounding the alarm on artificial intelligence's rapidly accelerating capabilities—and the regulatory va...
Fed's New Stablecoin Framework: What Banks Need to Know About Reserve Requirements
The Federal Reserve just dropped two major proposals that fundamentally reshape how banks can operate in the stablecoin space. We're tracking this cl...
CFTC Pivots Strategy on Tokenized Assets After Stalled Legislation, Releases New Guidance
The Commodity Futures Trading Commission is taking matters into its own hands on crypto regulation. Following a failed congressional vote on the CLAR...
$183 Million Crypto Heist: Bitget Exchange Faces Potential Security Breach
Bitget is dealing with a serious problem. A newly created wallet systematically drained approximately $183 million from the exchange's hot and cold s...
Federal Reserve Eyes Stablecoin Guardrails: New Reserve Requirements and Capital Standards in the Works
The Federal Reserve is moving forward with concrete regulatory proposals for stablecoin issuers, introducing reserve limits and capital standards that...
OpenAI Under Fire: ChatGPT Users Didn't Consent to Data Collection by Third-Party Contractors
A fresh lawsuit has landed on OpenAI's desk, and it's raising serious questions about data privacy in the AI era. According to the suit, users of Cha...
New York State Targets Polymarket as Unlicensed Gambling Platform in Major Enforcement Action
New York's top officials are coming after Polymarket hard. Attorney General Letitia James and Governor Kathy Hochul are pushing to shut down the pred...
SEC's Peirce Warns Against KYC 'Surveillance State' as Data Breaches Threaten Crypto Users
As her tenure winds down, SEC Commissioner Hester Peirce is sounding the alarm on one of crypto's most contentious regulatory pain points: the systemi...
New York Takes Legal Action Against Polymarket, Labeling Prediction Platform as Unlicensed Gambling
New York has escalated its regulatory stance by filing legal action against Polymarket, arguing that the prediction market platform is functioning as ...
New York Targets Polymarket in Crackdown on Unregulated Prediction Markets
New York is escalating its enforcement campaign against crypto prediction platforms, filing a lawsuit against Polymarket for allegedly operating an il...
£10,000 Bounty Issued After Criminals Target UK Couple in Coordinated Crypto Heist
The crypto market's growing mainstream adoption has created a darker underbelly: organized crime that specifically targets retail holders. We're seei...
IBM Bridges Traditional Banking and Crypto: Swift Ledger Link Now in Beta Testing
IBM is quietly reshaping how traditional finance meets digital assets. The tech giant has launched a beta version of its Swift ledger link—a direct c...
AI-Powered Crypto Forensics Tool Aims to Democratize Blockchain Investigations for Police Departments
Elliptic is rolling out a breakthrough AI tool called Pulse that fundamentally changes how law enforcement approaches crypto investigation. Any offic...