Echo Protocol exploit drains $77M in eBTC
Echo Protocol suffered a major exploit after an attacker minted approximately 1,000 unauthorised eBTC tokens worth around $76.7 million on the Monad network.
Echo Protocol suffered a major exploit after an attacker minted approximately 1,000 unauthorised eBTC tokens worth around $76.7 million on the Monad network.
Citigroup analysts warned that advances in quantum computing are accelerating potential risks to cryptocurrency networks, with Bitcoin viewed as more exposed than Ethereum due to governance and upgrade challenges.
Financial Services Commission is reportedly reviewing Hana Bank’s planned $668 million investment in Dunamu under South Korea’s “banking-commerce separation” framework.
Goldman Sachs significantly reduced its cryptocurrency ETF exposure during the first quarter of 2026, exiting positions tied to XRP and Solana funds while trimming holdings in Bitcoin and Ether ETFs.
Strategy acquired 24,869 Bitcoin for approximately $2.01 billion between May 11 and 17 as the company continued expanding its position as the world’s largest public Bitcoin holder.
The Bank of England proposed extending operating hours for the country’s core payment and settlement infrastructure toward near-24/7 availability as part of broader efforts to prepare UK financial markets for tokenised assets.
Kevin Warsh is expected to be sworn in as chair of the US Federal Reserve on Friday following Senate confirmation amid growing debate over the future direction of US interest rates.
Revolut launched a Dogecoin-themed physical debit card that allows users to spend cryptocurrency through traditional payment networks across the UK and most European Union countries.
Cryptocurrency investment products recorded $1.07 billion in net outflows last week as geopolitical tensions and rising inflation triggered a broader retreat from risk assets.
Galaxy Digital secured a BitLicense and Money Transmission License from the New York State Department of Financial Services, expanding the company’s regulated crypto services for institutional investors in New York.
Coinbase helped UK authorities secure convictions against five individuals linked to a violent crypto kidnapping after tracing stolen digital assets in real time through blockchain forensics tools.
Bitcoin climbed back toward $77,000 after US President Donald Trump said he had halted a planned military strike on Iran following appeals from Saudi Arabia, Qatar and the United Arab Emirates.