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The US Senate is facing a sudden breakdown in negotiations over a landmark cryptocurrency bill, placing one of former President Donald Trump’s top financial policy priorities in jeopardy. The legislation, aimed at establishing the country’s first federal regulatory framework for stablecoins—digital assets pegged to the U.S. dollar—has hit a bipartisan snag, following pushback from key…

Despite its official shutdown announcement, the notorious crypto mixer eXch continues to function as a laundering channel for illicit funds, according to a damning new report from TRM Labs. On April 30, 2025, a day before eXch was scheduled to go offline, the platform removed all public-facing infrastructure, including clearnet and dark web domains. However,…

The Solana Foundation has addressed a critical bug in its privacy-focused token system that, if exploited, could have allowed malicious actors to forge zero-knowledge proofs and perform unauthorized token minting or withdrawals. The flaw was disclosed on April 16 via a GitHub advisory posted by Anza, a Solana development team, along with a working proof-of-concept….

In a nighttime raid, French police rescued a man held hostage for ransom, following a crypto-related abduction similar to several recent cases. The police freed the father of a cryptocurrency entrepreneur on Sunday after the kidnappers held him hostage in an Airbnb for two days, according to Le Parisien, CNN, The Independent, and The Economic…

US-listed spot Bitcoin exchange-traded funds (ETFs) are driving an aggressive wave of accumulation, buying nearly six times more Bitcoin last week than was created by miners. According to a May 4 report from asset allocator HODL15Capital, spot Bitcoin ETFs acquired 18,644 BTC over the past week. In contrast, only 3,150 BTC were mined during the…

Threat actors have reportedly gained access to the New York Post’s X account to target crypto subscribers. Some users complained on X that hackers were purportedly sending messages via Telegram, inviting them to feature in a podcast. Kerberus founder and CEO Alex Katz flagged the fraudulent message on May 3, which is supposed to be…

Crypto exchange OKX has reactivated its decentralized exchange (DEX) aggregator, OKX Web3, following a temporary suspension in March prompted by a security breach linked to the North Korean state-sponsored Lazarus Group. The relaunch includes a suite of enhanced security upgrades designed to prevent further exploitation by malicious actors. In a May 4 post on X…

A Dubai-based family office of a Qatari royal is spearheading the initiative of building a $8.8 billion crypto and blockchain hub in Malé, Maldives. The planned investment would exceed the Maldives’ annual GDP of around $7 billion, the Financial Times reported. The deal, which was signed on May 4, comes from MBS Global Investments, that…

Donald Trump has once again shown his support for cryptocurrencies, positioning it as a key part of a broader strategy to prevent China from dominating emerging technologies. He indicated that he sees crypto as a critical area to maintain American dominance and prevent China from gaining control. “I’m a big fan of crypto because I…

Sen. Elizabeth Warren has called on the Senate to delay the passage of a controversial digital asset bill, warning of potential corruption linked to the Trump family’s stablecoin project. Over the weekend, Warren urged lawmakers to reconsider rushing through the bill. She pointed to the involvement of the Trump family’s World Liberty Financial in a…