SEC Commissioner Hester Peirce warned the $131B crypto vault and onchain lending sector it cannot outrun federal securities law, citing the Howey Test and structural risk.
Circle, the USDC stablecoin issuer, is acquiring IBM's blockchain patent portfolio — nearly 1,000 patents across 680+ families — ahead of its planned IPO.
Bitmine is closing in on controlling 5% of Ethereum's circulating supply with an $11.8B treasury — raising serious questions about ETH centralization.
Empery Digital has invested $20M in AI data center developer Cardinal Data Power, funded by an $87M Bitcoin liquidation — a structural exit from the BTC treasury model.
Security researchers found 31 vulnerabilities across 15 x402 protocol operators covering 99% of transactions, confirming asset theft and free-shopping exploits.
Garden Finance disabled its app on July 27 after Blockaid detected a $450K USDT drain from its HTLC contracts across Ethereum, Base, Arbitrum, and BNB Chain.
South Korea's KB Kookmin Bank is launching USD cross-border payments on JPMorgan's Kinexys blockchain, targeting import/export businesses across 10 countries.
Sanctioned Sberbank aims to launch crypto trading infrastructure by December 1 as Russia's crypto bill advances — raising serious secondary-sanctions questions.
Storj has filed for Chapter 11 bankruptcy while keeping its decentralized storage network live and pursuing a novel court-approved equity conversion for STORJ tokenholders.
Total crypto market cap recovers to $2.31T with Ethereum up 3.5% in 24 hours, but a Fear & Greed Index of 30 keeps the bounce tentative. Full market wrap.
