Regulation
Morgan Stanley is making a strategic push to become a dominant reserve manager for the stablecoin industry, according to recent reports. The investment banking giant has been actively courting stablecoin issuers and positioning its services to manage the cash and Treasury holdings that back these digital assets. The move represents
Regulation
Wisconsin has filed lawsuits against several major cryptocurrency and trading platforms over their prediction market operations, targeting Kalshi, Coinbase, Polymarket, Robinhood, and Crypto.com. The state's legal action represents the latest escalation in regulatory battles surrounding prediction markets that allow users to bet on political outcomes and other
Regulation
U.S. authorities have arrested an Army Green Beret for allegedly placing $400,000 worth of bets on the Polymarket prediction platform related to a military operation against Venezuelan President Nicolas Maduro that he directly participated in. The soldier, whose identity has not been publicly disclosed, faces charges of insider
Security
Aave has mobilized a coalition of decentralized finance (DeFi) protocols to mitigate the impact of a $292 million exploit targeting KelpDAO, one of the largest hacks in DeFi history. The attack, which occurred on April 23, 2026, resulted in the drainage of funds from KelpDAO's liquid staking protocol.
Regulation
A U.S. crackdown restrained $700M in crypto and dismantled scam networks, highlighting both the scale of fraud and enforcement efforts.
Technology
A $71 million freeze on the Arbitrum network has sparked intense debate about decentralization in the cryptocurrency sector. The incident occurred when network validators implemented an emergency protocol that temporarily locked funds across multiple smart contracts, affecting thousands of users and several decentralized finance (DeFi) protocols operating on the layer-2
Regulation
Over 500 "fraudulent web domains used to perpetuate cryptocurrency investment fraud" were also seized, OFAC said.
Regulation
US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new front in their broader fight over how far stablecoins should be allowed to move into territory long dominated by bank deposits. On April 22, the American Bankers Association (ABA) and thre
Exchange
Benjamin Pasternak faces criminal charges following an investor class action lawsuit and accusations of breaching an OTC token deal.
Security
DeFi is having one of its most difficult weeks in recent memory. What started as a single exploit on April 19 has since cascaded into a system-wide liquidity shock that has rattled confidence across the ecosystem and raised questions that go well beyond the incident itself. Related Reading: Another
Security
JPMorgan has identified ongoing security vulnerabilities as a major barrier preventing institutional adoption of decentralized finance (DeFi) protocols. In a new research report, the banking giant highlighted persistent smart contract exploits, flash loan attacks, and governance token manipulation as key risks that continue to plague the DeFi ecosystem. The bank&
Market
The FTX estate sold its Cursor stake for $200K in 2023, now worth $3B after a SpaceX-linked valuation surge, raising questions about bankruptcy asset sales.