Author: James Wilson

Humanity Protocol has identified a malware-infected developer machine as the source of the security breach that led to the theft and unauthorized minting of roughly 447 million H tokens across Ethereum and BNB Smart Chain. Summary Humanity Protocol said a malware-infected developer machine exposed seven private keys used in the June attack that affected Ethereum and BNB Smart Chain. Stolen credentials allowed the attacker to drain 141.2 million H from the Ethereum bridge and mint 300 million H on BNB Smart Chain. The project said the incident stemmed from compromised private keys rather than a flaw in its smart contracts…

Audiera’s BEAT token became one of the top crypto gainers on June 10, with its price climbing to around $5.44, according to crypto.news market data.  Summary Audiera gained 28% daily and 343% weekly, outperforming a broadly falling cryptocurrency market today overall. Rising open interest and short liquidations show leverage helped accelerate BEAT’s breakout above five dollars. Unverified whale concerns and an overbought RSI leave BEAT exposed to rapid profit-taking after gains. Meanwhile, the token rose 28.41% over the past 24 hours and more than 340% over the last seven days. The rally lifted Audiera’s market value to about $1.54 billion.…

The European Commission has proposed sanctions on 20 non-EU entities, including crypto platforms, as part of a new package that could introduce the bloc’s first country-level ban on foreign crypto services linked to Russian sanctions evasion. Summary The European Commission has proposed sanctions on 20 non-EU entities, including crypto platforms accused of helping Russia bypass existing restrictions. New measures could introduce the EU’s first country-level ban on crypto services from jurisdictions hosting platforms linked to sanctions evasion. Chainalysis reported $93.3 billion in transaction volume tied to the ruble-backed stablecoin A7A5, a network cited in growing scrutiny of Russia-linked crypto activity.…

Chainalysis has expanded its work with the Korean National Police Agency through an agreement focused on virtual asset investigations.  Summary Chainalysis will provide Korean investigators localized training, professional certification and practical blockchain investigation programs nationwide. The partnership targets wider crypto crime while strengthening South Korea’s response to North Korean-linked attacks. South Korea recently formed a police task force targeting crypto laundering and unregistered exchange operators. The blockchain analytics company announced the memorandum on June 9, although the parties signed it in April. The partnership will provide training, certification and practical programs for investigators handling crypto crime. It covers fraud, laundering…

BitGo has opened access to Aave, Spark and Tesseract for eligible institutional clients through its integration with Narval.  Summary BitGo lets eligible institutions access Aave, Spark and Tesseract while assets remain in qualified custody. Narval checks transaction details, approved contracts and policy rules before BitGo authorizes wallet signing requests. The launch expands regulated DeFi access as financial firms seek controlled routes into onchain markets. The service connects approved decentralized finance protocols to wallets held within BitGo Bank & Trust’s qualified custody environment. The setup allows institutions to use onchain markets without transferring assets to wallets. BitGo said more protocols will…

The U.S. government’s first insider trading prosecution involving a prediction market has advanced after a Manhattan court scheduled a Dec. 7 trial for Army soldier Gannon Van Dyke. Summary Manhattan federal court has scheduled a Dec. 7 trial for Army soldier Gannon Van Dyke in the first U.S. insider trading case involving a prediction market. Prosecutors allege Van Dyke used classified intelligence to turn a $33,000 Polymarket wager into more than $410,000 in profit. The case comes as Polymarket faces increasing scrutiny from U.S. lawmakers, regulators, and South Korean authorities. According to courtroom reporting from Inner City Press, U.S. District…

Bitcoin’s recent selloff has yet to establish a durable market bottom as institutional demand remains absent and capital continues to leave spot Bitcoin ETFs, according to a new market note from Wintermute. Summary Wintermute says Bitcoin’s recent decline reflects a lack of institutional demand rather than isolated market events. Spot Bitcoin ETFs extended a 13-session outflow streak, shedding roughly $4.37 billion since mid-May. CryptoQuant data suggests capitulation may be approaching, with 50% of Bitcoin supply now sitting at a loss. According to data from crypto.news, Bitcoin (BTC) traded near $61,828 on Tuesday, down 3.18% over the past 24 hours and…

Bitcoin price extended its decline on Tuesday after U.S. President Donald Trump announced a military response against Iran, triggering a broader risk-off move across global markets and adding fresh pressure to an already fragile crypto sector. Summary Bitcoin price fell to an intraday low of $60,892 after Trump ordered a military response against Iran. More than $664 million in crypto positions were liquidated as traders reduced risk exposure. Glassnode says over 8 million BTC are now underwater while ETF outflows and extreme fear continue to weigh on sentiment. According to data from crypto.news, Bitcoin (BTC) price fell to an intraday…

A House tax package for digital assets has drawn questions from lawmakers during an early committee hearing. The Ways and Means Committee reviewed bills meant to reduce crypto tax filing burdens. Summary House lawmakers reviewed crypto tax bills meant to reduce filing burdens for digital asset users, investors, and brokers. Democrats raised concerns that proposed mining and staking deferrals could create loopholes or new tax subsidies. The bills remain at the committee hearing stage and would need approval from both chambers before becoming law. Democrats raised concerns about proposed treatment for mining, staking, and small digital asset transactions. Lawmakers question…

Solana Institute CEO Kristin Smith has urged the U.S. Senate to preserve developer protections in the CLARITY Act as more than 200 crypto firms and organizations push for the bill to advance before August. Summary Kristin Smith urged the Senate to keep developer protections in the CLARITY Act as the bill moves closer to a potential vote. More than 60 crypto leaders and over 200 industry groups have backed efforts to advance the legislation before August. Analysts at Galaxy Digital and JPMorgan warn the bill faces a narrowing path to passage amid election pressures and policy disputes. Commenting on the…