Market
Polymarket in talks to raise $400M at a $15B valuation: Report
Polymarket’s potential $15 billion valuation would still put it below the $22 billion valuation of competitor platform Kalshi in its latest funding round.
CryptoClub.cc
Security
Web3 hosting backbone Vercel confirms breach as supposed hacker demands $2 million ransom
Many crypto and Web3 projects deploy frontends on Vercel, raising the risk that secrets stored as non-sensitive environment variables may now be exposed.
Security
Aave records $6 billion TVL drop as Kelp hack exposes structural risk at DeFi lender
Decentralized finance protocol Aave experienced a massive $6 billion drop in total value locked (TVL) following a security breach at liquid staking platform Kelp. The incident exposed underlying structural vulnerabilities within the leading DeFi lending protocol, triggering widespread user withdrawals and highlighting interconnected risks across the DeFi ecosystem. The Kelp
Market
Charles Schwab is bringing Bitcoin to its 39 million clients – but without the protections they expect
Charles Schwab announced this week that it will begin selling Bitcoin and Ethereum directly to its 39 million brokerage clients. They will appear in the same account view as stocks, ETFs, and retirement funds, in the same app, under the same brand, one click from the S&P 500 index fund a customer bo
Market
Charles Schwab, Citadel Securities weigh entering prediction markets
Charles Schwab and Citadel Securities executives have separately aired interest in prediction markets, but each is looking to steer clear of sports offerings.
Regulation
Warren claims SEC’s Atkins likely misled Congress over enforcement data
SEC chair Paul Atkins is under fire from Senator Elizabeth Warren, who says he “may have been deliberately trying” to mislead Congress about the agency’s enforcement activity.
Regulation
Congress on verge of making regulated dollar stablecoins act almost like digital cash
Washington isn't trying to solve every crypto policy fight at once, but it appears to be carving out a workable path for one specific category of digital asset: the regulated, dollar-pegged stablecoin. The GENIUS Act established the first federal regulatory framework for payment stablecoins, and a b
Regulation
White House to Outline Plans for Strategic Bitcoin Reserve Soon, Trump Crypto Advisor Says
Patrick Witt, the Executive Director of the President’s Council of Advisors for Digital Assets, has provided an update on the Strategic Bitcoin Reserve, stating that they plan to announce plans towards implementing President Trump’s executive order soon. This comes as the CLARITY Act takes center st
Security
Kelp DAO’s rsETH bridge apparently exploited for roughly $292 million in LayerZero-based attack
Kelp's emergency pauser multisig froze the protocol's core contracts roughly 46 minutes after the successful drain, blocking two follow-up attempts.
Market
Spot Bitcoin ETFs attract nearly $1B in weekly inflows as risk sentiment improves
Spot Bitcoin ETFs recorded nearly $1 billion in weekly inflows, their strongest performance in over three months amid improving risk sentiment.
Security
How a quantum computer can be used to actually steal your bitcoin in '9 minutes'
A new analysis reveals that sufficiently powerful quantum computers could potentially compromise Bitcoin's security infrastructure in as little as nine minutes, according to a technical report examining the cryptocurrency's vulnerability to quantum attacks. The research demonstrates how quantum computing's advanced computational capabilities could theoretically
Security
Rhea Finance post-mortem puts exploit losses at $18.4 million, more than double initial estimates
Using what the team described as a "deliberately constructed swap route," the attacker opened a large number of margin trading positions.