Crypto news, edited for clarity.
Concise reporting sourced from established crypto publishers and reviewed before publication.
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Audited DeFi protocols lost $885M to attacks outside audit scopes
A preprint reveals that audited decentralized finance protocols suffered 72.1% of losses outside identified audit scopes, highlighting assurance gaps.
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Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid
Symbiosis recovered 15 BTC after a native bridge exploit minted trillions in fake Bitcoin, leaving liquidity providers unpaid while partner swaps resume.
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Chainflip Loses $736K in Tron USDT Exploit, Pauses Until Monday
Cross-chain swap protocol Chainflip suffered a $736K exploit in its Tron USDT integration and paused operations.
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Sam Bankman-Fried Asks Supreme Court to Overturn FTX Fraud Conviction
According to BlockchainReporter, Sam Bankman-Fried petitioned the U.S. Supreme Court to overturn his fraud conviction and $11 billion forfeiture.
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Coinbase Wallet Launches Pulse Mode for Mobile Perpetual Futures Trading
According to BlockchainReporter, Coinbase Wallet launched Pulse Mode, offering a simplified interface for mobile perpetual futures trading.
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Thailand SEC Proposes $151K Daily Cap on Stablecoin Transfers
Thailand SEC opens consultations on stablecoin rules, proposing a $151,000 daily transfer cap per person to curb financial risks.
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Government Defeated as Lords Back UK Digital Assets Strategy
The UK House of Lords backed an amendment requiring the Treasury to create a national strategy for digital assets.
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Italy’s Second Biggest Bank UniCredit Is Weighting up Crypto Custody: Report
According to Bitcoin Magazine, Italy's second largest bank, UniCredit, is considering expanding into digital asset offerings, including crypto custody.
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Blockstream Tells Hackers To Return Remaining Bitcoin Stolen in Liquid Theft
Blockstream refuses to negotiate with hackers who stole over 4,000 bitcoins from its Liquid network and kept 598.5 coins as a ransom.
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Stablecoins make sending money easy until someone needs to spend it
CryptoSlate reports that stablecoins ease cross-border transfers, but recipients often face conversion, cash-out, and usability hurdles.
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