Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastestgrowing line, targeting $1 billion by…
How bitcoin cold wallets lost $70 million in an attack that never touched the devices
Galaxy Research said weak seed generation let an attacker recreate likely private keys offline, sweep more than 1,000 BTC from nearly 1,200 wallets and…
Tether posts $1.5 billion operating profit in Q2 as reserve buffer falls by half
The world’s largest stablecoin issuer added 14 metric tons of gold and about 1,800 bitcoin to its reserves during the second quarter. Source：CoinDesk
Coldcard's $38 million (so far) exploit shakes faith in self-custody, may push investors to ETFs
A software bug in popular hardware wallet Coldcard that led to the theft to this point of nearly 600 bitcoin worth roughly $38 million is prompting questions…
World Cup bets smash records as prediction markets hit $20 billion in volume
Markets ranged from the simple question of who would win the tournament to whether Cristiano Ronaldo would cry when Portugal were eliminated (he did).…
Bitcoin, ether fall, equities rally with broader crypto market on track for best month in a year
BTC fell as July drew to a close, even as stocks gained in Asia and U.S. index futures advanced. The CoinDesk 20 index is set to post its biggest gain since…
Quantum Solutions, Hyperscale Data tap crypto treasuries to fund AI data centers
The firm’s board raised the sale cap to 4,375 ETH through Oct. 30, nearly 66% of June holdings, although 3,050 of its remaining ETH is pledged. Source：CoinDesk
Major bitcoin wallet flaw drains 594 BTC in 25-minute sweep
A hardware wallet randomness bug turned “impossible to guess” seeds into guessable ones, and $38 million is already gone. Source：CoinDesk
CME's Duffy warns an overlooked tax risk looms over U.S. perpetual futures
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts.…
Ethereum enters its second decade after a year of upheaval at the foundation
Few periods in Ethereum's 11year history have brought as much change, from leadership shakeups at the Ethereum Foundation to institutional adoption, as the…
Bitcoin and ether markets are ruled by perps. SpaceX showed how far their influence can go
Perpetual futures drive much of the price discovery for bitcoin and ether. When traders pointed the same machinery at a private company, they priced the…
Bitcoin, ether whipsaw wipes out $286 million in leveraged bets
Price volatility around the Federal Reserve's rate decision cleared positions for roughly 90,000 traders, with unusually equal losses for bulls and bears.…