Senate Banking Committee ranking member Elizabeth Warren has reportedly sent a letter to Treasury Secretary Scott Bessent and Federal Reserve chair Jerome Powell, urging them not to bail out “cryptocurrency billionaires” with taxpayer dollars. Warren warned that any potential bailout “would be deeply unpopular to transfer wealth from American taxpayers to cryptocurrency billionaires,” adding that … Read more
OpenAI has launched a new benchmark that evaluates how well different AI models detect, patch, and even exploit security vulnerabilities found in crypto smart contracts. OpenAI released the “EVMbench: Evaluating AI Agents on Smart Contract Security” paper on Wednesday, in collaboration with crypto investment firm Paradigm and crypto security firm OtterSec, to evaluate how much … Read more
Base, a decentralized Ethereum layer-2 scaling network, said Wednesday that it is transitioning from running on L2 blockchain protocol Optimism’s tech stack to running on its own, unified software architecture. Launched in 2023 as an Optimism chain, Base is shifting to its own tech stack to reduce dependencies on external service providers and shorten the … Read more
Key points: Bitcoin remains under pressure, and the downside might accelerate if the $65,118 level is breached. Several major altcoins are attempting a recovery, but the bears remain sellers on rallies. Bitcoin (BTC) bulls are attempting to hold the price above $67,000, but the bears have continued to exert pressure. A positive sign for the … Read more
The European Central Bank (ECB) is moving closer to a pilot for a digital euro, with Executive Board Member Piero Cipollone outlining plans to begin selecting payment service providers (PSPs) in early 2026, ahead of a 12-month test scheduled for the second half of 2027. Cipollone on Wednesday held an executive committee meeting of the … Read more
Moonwell, a decentralized finance (DeFi) lending protocol deployed on Base and Optimism, was exploited for about $1.78 million after a pricing oracle for Coinbase Wrapped Staked ETH (cbETH) returned a value of about $1.12 instead of $2,200, creating a mispricing that attackers were able to use for profit. Moonwell said in an incident post-mortem that … Read more
US spot Bitcoin exchange-traded funds (ETFs) posted $104.9 million in net outflows on Tuesday in the first trading session this week. Total trading volume in spot Bitcoin (BTC) ETFs fell to just over $3 billion, down nearly 80% from a record $14.7 billion on Feb. 5, reflecting a continued slowdown in trading activity, according to … Read more
The US state of Nevada has sued Kalshi after the prediction market company lost its court challenge to stop the state’s regulator from taking action over its sports prediction markets. The US Court of Appeals for the Ninth Circuit on Tuesday denied Kalshi’s bid to stop Nevada’s gaming regulator from taking action on its sports … Read more
Exchange-traded fund issuers Bitwise and GraniteShares have filed with the US Securities and Exchange Commission to launch funds tied to event contracts on the outcome of US elections. Bitwise filed a prospectus on Tuesday for a new lineup of ETFs branded as PredictionShares, with six prediction market-style ETFs on NYSE Arca. The first two funds … Read more
Key takeaways: Institutional sentiment is shifting toward ETH as elite funds reallocate capital from Bitcoin to Ether ETFs. BlackRock’s ETH ETF pairs secure staking with a low 0.25% fee, creating a major win for mainstream crypto access. Dominance in the $20 billion real-world asset sector proves that big money prioritizes network security over low gas … Read more