CryptoBreaking News

Bithumb has temporarily halted deposits and withdrawals of Taiko (CRYPTO:TAIKO) after identifying issues affecting the blockchain project's mainnet network.

XRP (CRYPTO:XRP) briefly broke below the closely watched US$1.14 support level on Sunday before buyers stepped in, driving the token from a low near US$1.12 back toward US$1.15.

Taiko (CRYPTO:TAIKO) has advised users to withdraw assets from all bridges deployed on its network after an exploit targeting its chain state verification mechanism resulted in losses estimated at up to US$1.7 million.

Morgan Stanley has amended its filings for proposed Ethereum (CRYPTO:ETH) and Solana (CRYPTO:SOL) exchange-traded funds, revealing plans to charge management fees of 0.14% for both products.

Franklin Templeton has filed plans with the US Securities and Exchange Commission for two exchange-traded funds that combine US equities with Bitcoin (CRYPTO:BTC) exposure through dividend reinvestment.

Allies of Keir Starmer expect him to set out a timetable for his departure as UK prime minister imminently. A statement from Starmer ceding power could come as soon as Monday, people familiar with the matter said, although they cautioned that was not certain. The move could pave the way for Andy Burnham to replace him and it would put Britain on a course for its seventh premier in a decade. Bloomberg's Joe Mayes reports from Downing Street.

Polygon (CRYPTO:POL) processed US$309 million in Latin American stablecoin volume during May, with co-founder Sandeep Nailwal stating the network led the region in stablecoin activity.

Senator Cynthia Lummis said the Digital Asset Market Clarity Act would protect crypto developers from prosecution for writing code if they do not custody or control customer funds.

Mediators say US and Iran have made 'encouraging progress' in talks on a peace deal as technical-level discussions continue. Hasan Alhasan, Senior Fellow for Middle East Policy at the International Institute for Strategic Studies spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa on US-Gulf relations going forward.

Saudi Arabia's pullback on spending is rippling through the consultancy industry. Boston Consulting Group, instrumental in helping develop plans to overhaul the Saudi economy, is one of the firms most affected as the PIF reassesses spending on some of its mega project ambitions. Bloomberg's Omar El Chmouri reports.

Secret Network (CRYPTO:SCRT) suffered a US$4.67 million exploit after an attacker used an “infinite mint” vulnerability to create unbacked Axelar-wrapped assets and redeem them for real assets held in escrow.

Precious Shipping MD Khalid Hashim says limited new vessel supply, combined with the resilience of older tonnage, is setting the stage for sustained strength in freight rates. He speaks with Haslinda Amin on "Insight with Haslinda Amin."