Bitcoin
Libertarian and pro-Bitcoin advocate Javier Milei triumphs in Argentina’s primary elections. His calls for dollarization and support for cryptocurrencies offer a stark contrast to traditional economic policies in a nation facing soaring inflation.
Hackers took advantage of a vulnerability in the Libbitcoin explorer to secretly drain crypto from thousands of Bitcoin wallets.
DeFi
Blockchain data shows that the hacker has begun to launder the stolen funds through coin mixer Tornado Cash.
Uniswap Labs terminated an employee who removed liquidity from the FRENS meme coin deployed on Base.
Business
Former FTX CEO’s bail revoked by U.S. District Judge following allegations of witness tampering and bond violations.
PayPal’s new stablecoin PYUSD explores alternatives to yield of reserves, amid criticism over design choices. Will it gain adoption?
Tech
Two days after its official public launch, the Layer 2 network saw more than 100,000 daily active users.
The crypto exchange has agreed to pay $24 million to settle charges that it operated as an unregistered exchange, broker and clearing agency.
The Aave community appears to be unanimously in favour of two proposals seeking to reduce the protocol’s exposure to the liquidation risk from the Curve founder’s borrowing position.
DCG claims that Gemini has engaged in an effort to deflect blame through a Twitter-based character assassination of its key executives who never oversaw the Gemini Earn program.