Nemo Protocol launched its NEOM debt token program to compensate victims of a $2.6 million exploit that devastated the Sui-based DeFi platform on September 7. The protocol will concern one NEOM token for each greenback misplaced, permitting customers to declare debt tokens whereas migrating remaining property to safe multi-audited contracts. The hack originated from a…
Pakistan has opened its doorways to worldwide crypto exchanges and digital asset service suppliers by inviting them to use for licenses to function underneath its newly fashioned regulatory authority. The Pakistan Virtual Assets Regulatory Authority (PVARA), created underneath the Virtual Assets Ordinance 2025, reportedly issued a name for Expressions of Interest this Saturday from companies…
Executives who helped the bogus crypto exchange V Global dupe some 50,000 clients out of some $1.4 billion won’t go to jail. A South Korean court docket as a substitute handed the three unnamed people suspended sentences. It issued fines, regardless of conceding that they had precipitated “astronomical damages.” The South Korean newspaper Seoul Shinmun…
The Yala stablecoin (YU), a Bitcoin-native over-collateralized stablecoin backed by Polychain, misplaced its greenback peg round 5:14 UTC+8 as we speak following a protocol assault that despatched YU crashing to $0.2074 earlier than recovering to $0.917. The Yala staff promptly addressed the incident on X (previously Twitter), confirming the assault and its influence on the…
Coinbase revealed a complete guide detailing its digital asset itemizing course of, emphasizing that purposes stay free and merit-based after going through earlier accusations of charging tens of millions in itemizing charges. CEO Brian Armstrong announced the transparency initiative amid ongoing disputes with initiatives claiming the trade demanded substantial funds for token listings. The information…
Blockstream issued an pressing safety alert warning customers a few subtle phishing marketing campaign concentrating on Jade {hardware} pockets homeowners by means of faux firmware replace emails. The firm confirmed no information was compromised, however emphasised it by no means sends firmware information by way of electronic mail communications. Bitcoin developer Jimmy Song first reported…
Massachusetts Attorney General Andrea Joy Campbell filed a civil lawsuit towards prediction market platform Kalshi, alleging the corporate operates unlicensed sports activities betting disguised as “occasion contracts” in violation of state playing legal guidelines. The Commonwealth seeks damages, civil penalties, and a everlasting injunction to cease Kalshi from accepting sports activities wagers with out correct…
Key Takeaways: DOJ filed a civil forfeiture motion to recuperate $584K in USDT tied to Mohammad Abedini, linked to Iran’s navy drone program. The funds have been saved in an unhosted pockets allegedly managed by Abedini or his firm, SDRA. Abedini’s agency equipped navigation techniques used in IRGC drones and missiles, together with one used…
Chainlink has deepened its grip on the oracle market after asserting a significant partnership with Polymarket, the world’s largest on-chain prediction market, to improve market decision accuracy and velocity. The deal cements Chainlink’s dominance at 62% of the oracle sector, according to DeFiLlama, indicating its rising function as key infrastructure for decentralized finance. Source: DefiLlama…
Launches VeFounder Program to Empower Web3 Builders with Operational Control and Eventual Ownership of Live dApps VeChain, the main real-world-application targeted Layer 1 right this moment introduced the launch of the VeFounder Program, a first-of-its-kind initiative designed to revolutionize the dApps economic system with a top-down method to unlock untapped progress alternatives. The world dApps…