Ledn’s $188M Bitcoin-Backed ABS Deal Enters US Bond Market

Bitcoin-backed loan platform Ledn sold about $188 million of bonds tied to Bitcoin‑collateralized consumer loans into the mainstream asset‑backed securities (ABS) market, Bloomberg reported on Wednesday, citing people familiar with the matter.  In a first-of-its-kind deal, one of the two tranches — the investment‑grade portion — was reportedly priced at a spread of about 335 … Read more

Why Address Poisoning Works Without Stealing Private Keys

Key takeaways Address poisoning exploits behavior, not private keys. Attackers manipulate transaction history and rely on users mistakenly copying a malicious lookalike address. Cases such as the 50-million-USDT loss in 2025 and the 3.5 wBTC drain in February 2026 demonstrate how simple interface deception can lead to massive financial damage. Copy buttons, visible transaction history … Read more

Warren Urges Fed and Treasury to Reject Crypto Bailout

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 Researches AI Agents Detecting Smart Contract Flaws

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 To Shift From Optimism Tech Stack to a ‘Unified’ Architecture

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

ECB To Launch Payment Provider Selection For Digital Euro

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

$1.78M ‘Vibe-Coded’ Oracle Bug Puts AI-Coauthored Contracts Under Scrutiny

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

Nevada Sues Kalshi After Appeals Court Greenlights Action

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