Crypto News
The latest cryptocurrency news, market moves and industry updates.
Mirae Asset completes Korbit acquisition, becomes largest shareholder
Mirae Asset Consulting has acquired Korbit, becoming its largest shareholder with no impact on trading and customer assets, following the completion of the acquisition.
Arbitrum-based AFX Trade drained of $24 million after bridge keys compromised
Arbitrum-based AFX Trade has been drained of $24 million after an attacker compromised bridge keys, using them to approve a large USDC withdrawal, as reported by CoinDesk.
White House accuses Moonshot AI of distilling Anthropic tech for K3
The US has accused Moonshot AI of distilling Anthropic tech, warning of sanctions and export restrictions. Chinese firms are warned against covert AI distillation activities.
XRP whales accumulate as small holders capitulate
XRP whales have accumulated 2.8% more tokens over five weeks as small holders sell, sending the price above $1.16
Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%
Bitcoin's value declines amidst rising oil prices and interest rates, with regulatory challenges also affecting the market. The odds of the Clarity Act have dropped to 38%.
SEC settles Coinbase suit over ‘text messages that disappeared’
The SEC has settled a lawsuit with Coinbase over missing text messages, a case that follows a watchdog report on lost communications, including those of Gary Gensler
AFX protocol reportedly loses $24M in bridge exploit
AFX protocol loses $24M in bridge exploit, Offchain Labs says the incident did not affect Arbitrum's native bridge infrastructure.
Senator Lummis: Ethics, other provisions in crypto Clarity Act to be further discussed
Senator Lummis expresses pleasure at the Crypto Clarity Act's updated bill release, with further discussions on ethics and other provisions. The bill's lead negotiator is pleased with the progress.
Key Democratic lawmakers say crypto Clarity Act 'falls short' on ethics, other issues
Democratic lawmakers raise concerns over Crypto Clarity Act, citing ethics and other issues, as the bill's passage faces potential roadblocks, based on reporting from CoinDesk