A 20-year-old California man has been sentenced to six and a half years in federal prison for his role in a crypto theft ring that defrauded victims of more than $250 million.Marlon Ferro, of Santa Ana, known online as “GothFerrari,”…

TrustedVolumes, an independent market maker and resolver used by 1inch Fusion, confirmed it was exploited and said about $6.7 million in stolen funds are being held across three Ethereum addresses.In a Thursday X post, the market maker said the stolen…

Hong Kong, May 7, 2026 — Luffa, the global leader in intelligent ecosystem platforms, today officially announced a major brand upgrade, repositioning itself as the AI × Web3 Super Connector. Powered by AI agents as its core engine, Luffa delivers…

Blockchain protocols preparing for the quantum computing threat should also consider how to quickly verify ownership on the blockchain if funds are stolen, the development and research team behind the layer-1 NEAR Protocol said.Concerns that quantum computers could eventually break…

Keonne Rodriguez, one of the developers behind the crypto-mixing protocol Samourai Wallet, is appealing to the crypto community for donations to help cover legal bills and fines tied to his trial over money laundering. Samourai Wallet co-founders Rodriguez and William…

Stablecoins are more likely to go mainstream if adopted by major technology companies, a shift Bitwise says could help push the market closer to a projected $4 trillion by the end of the decade.Bitwise chief investment officer Matt Hougan said…

Aave Labs has liquidated the Kelp DAO attacker’s remaining rsETH positions on Ethereum and Arbitrum, moving one step closer to fully restoring rsETH backing and compensating affected users. This marks a “critical step” in the “DeFi United” recovery plan, Aave posted…

Some of the world’s largest remittance providers are accelerating their digital asset strategies as they look for faster settlement alternatives to traditional banking rails.Western Union’s new stablecoin USDPT is the latest example of the growing overlap between traditional payments firms…

As the UK considers options to attract and develop the crypto industry at home, the Bank of England (BOE) has put forward several proposals for how it might regulate stablecoins to mitigate perceived financial risks.These have included a ban on…

Wall Street bank JPMorgan and credit card giant Mastercard said they have completed the first cross-border, cross-bank redemption of a tokenized US Treasury fund, working with Ripple’s XRP Ledger and interbank settlement rails.The pilot transaction involved blockchain tokenization platform Ondo…

Bitcoin (BTC) cooled from new 13-week highs at Wednesday’s Wall Street open amid mixed signals over a US-Iran peace deal.Key points:Bitcoin stops short of tapping $83,000 as momentum becomes guided by geopolitical developments.Oil sees flash volatility around rumors of the…

Key takeaways:A sharp fifty percent drop in exchange activity and decentralized application revenue is stalling Ether price growth.Institutional investor interest in Ether remains under pressure as major holders like Bitmine face billions in unrealized losses. Ether (ETH) has failed to sustain…

Swiss crypto bank Amina has added custody and trading support for Canton Coin, becoming the first regulated bank to offer services for the token tied to the Canton Network, an institutional-focused network.In a Wednesday announcement, Amina said clients will gain…

Bitcoin dominance climbed to 61% on Wednesday, its highest level since November 2025. The metric has risen from 58.44% at the start of April, proving that the bullish trend continues to favor BTC over the wider crypto market.In the last…

US Senator Kirsten Gillibrand said lawmakers working towards passage of a digital asset market structure bill likely need to meet three conditions before the chamber could vote on the legislation.Speaking at the Consensus conference in Miami on Wednesday, Gillibrand said…