South Korea’s cryptocurrency market has undergone a dramatic reversal of fortunes, with buying and selling volumes on the nation’s 5 licensed digital asset exchanges now accounting for simply 8% of the benchmark KOSPI inventory index’s buying and selling exercise — lower than one-tenth of fairness market ranges — in accordance with new knowledge printed by…
Quantus, a Layer 1 blockchain designed with post-quantum cryptography built-in from its basis, has printed a brand new analysis report titled “The State of Quantum: What Crypto Can’t Afford to Ignore.” The report warns that continued progress in quantum computing could also be accelerating the timeline towards a possible cryptographic vulnerability threshold for the broader…
A big, unidentified holder offered roughly $1.3 billion value of BlackRock’s spot Bitcoin ETF, IBIT, by way of a darkish pool on Tuesday morning, in what ETF analysts described as an unusually massive block commerce. The sale stood out not solely due to its measurement, however as a result of the market appeared to digest…
Manuel Aráoz, co-founder of good contract safety agency OpenZeppelin, went public on May 26 with a blunt suggestion that folks ought to get out of DeFi, all of it, together with the blue chips. According to him, AI-powered coding brokers have tilted the safety recreation to date towards attackers that no protocol can presently be…
Ethereum is buying and selling at $2,080 and grinding decrease right into a zone the place the technical image is bleak on the floor, however quietly constructing one thing extra fascinating beneath the floor. The 100-day shifting common sits simply above as a misplaced reference level; the ascending channel flooring is on the verge of…
XRP is buying and selling at $1.33 as May attracts to a detailed. It is quietly slipping to its lowest ranges since March with none specific catalyst. The transfer is only a sluggish, grinding drift decrease that has characterised the altcoin’s efficiency all through the second half of the month. The $1.20 assist band is…
Rain has entered the worldwide high 3 prediction markets by complete worth locked, becoming a member of Polymarket and Kalshi after the Rain Foundation deployed $100 million in liquidity forward of the protocol’s V2 launch and the 2026 FIFA World Cup. The token responded with a parabolic transfer. RAIN climbed 44% in a single day,…
The Stake DAO exploit on Wednesday compromised the protocol’s Arbitrum deployer key. An attacker minted roughly 5.4 trillion faux Vote-Boosted sdCRV (vsdCRV) tokens earlier than swapping them for ether by a public router. The breach bypassed each smart-contract management in place. A single personal key with privileged rights has pushed tons of of hundreds of…
South Korea, Seoul Southern District Prosecutors’ Office has arrested and indicted operators behind Catfi. This is the nation’s first-ever rug pull prosecution tied to a decentralized trade. The case, introduced below the Virtual Asset User Protection Act, costs the group with market manipulation after 256 buyers misplaced 900 million gained($586,000), when liquidity was drained following…
At 10:30:34 a.m. ET, a single IBIT print of 29,212,864 shares, crossed at $43.16, for a notional of roughly $1.26 billion. The next-largest seen movement was 1.3 million shares, making one trade dwarf all the things else in IBIT’s session, accounting for about 34.8% of the ETF’s reported intraday quantity of 83.86 million shares. IBIT…