Block Inc. shares rise 6% after-hours as it raises full-year profit forecast
Block raised its full-year gross profit forecast to $12.63 billion, which would represent a 22% year-on-year growth.
Bullish
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ZachXBT identifies French bank as alleged victim of $133M crypto theft
The French bank has not confirmed its alleged involvement in the crypto theft, which ZachXBT said could have resulted in losses exceeding $133 million.
Bullish
Kim Jong-un, crypto bros and a $6.3bn heist
North Korea is said to be behind the theft from the crypto exchange Binance. How did they pull it off and what will they do with the money? Kalyeena Makortoff and Jean H Lee report It was 8pm last Thursday when the panic alarms went off across the crypto world. Binance, the world’s biggest crypto exchange, had been hacked. The cryptocurrency revolution promised to take power from the fusty old…
South Korea’s ruling party formally proposes deferral of crypto income tax
The party leader stated that the country should first enact the Digital Asset Basic Act, a comprehensive legal framework for crypto.
1inch lawyer sees agencies driving US crypto regulation as midterms unfold
Crypto executives expect US regulators to drive crypto policymaking regardless of the midterm election outcome.
updates: Bitcoin and stocks reverse overnight plunge following Blue Wave landslide
The biggest losers, so far, are the AI data center stocks following victories for several candidates who campaigned expressly against the sector.
BTC-USDBearish
What voters said about their views on crypto
A CoinDesk-commissioned poll from April sheds light on how voters — who aren't necessarily part of the crypto sector — view this industry.
What happens if North Korea steals Wall Street's tokenized assets next
The $6.3 billion Binance hack showed how quickly cryptocurrencies can disappear on blockchain rails. Tokenized securities may offer better recourse than crypto after a theft, but the markets around them can still break down when stress hits.
Tether Holds 150,000 Bitcoin, CEO Says—About 50,000 More Than Its Reserve Report Shows
Paolo Ardoino told the Plan ₿ Forum in Lugano the company owns “give or take 150,000 Bitcoin,” but its Q3 reserve report implies just 100,060.
CFTC gets into legal clash over stock perps after having cleared path for crypto version
A group backed by Citadel Securities and other firms sued the U.S. derivatives regulator for opening a path for perps that it argued belong in the SEC's hands.
SEC division views Canton Coin as digital commodity in no-action letter
SEC's Division of Corporation Finance won't recommend enforcement over Canton Coin's programmatic issuance, calling CC a digital commodity.
SpaceX blocks tokenized stock listing on OKXICE despite offshore trading boom
SpaceX joined several other issuers objecting to OKXICE tokenized trading, months after crypto platforms offered tokens tied to its shares.
CZ calls for crypto security alliance as AI-driven attacks accelerate after Binance hack
In his first interview since the Binance hack, Changpeng Zhao says AI is accelerating cyberattacks and calls for industry security alliance.
Justin Sun Accuses Trump-Backed World Liberty of Using UAE Ties to Escape Federal Court
Tron founder Justin Sun said he has asked a federal court to sanction World Liberty Financial, alleging the Trump family-backed venture delayed disclosing UAE ties that could defeat federal jurisdiction over his lawsuit.
Bearish
The Crypto Mogul Behind Trading Powerhouse Hyperliquid
CFTC clears stock perpetual futures for trading on US exchanges
US regulators are opening the door to stock-based perpetual futures, extending a popular crypto trading product into traditional markets amid ongoing legal disputes.
Crypto Docs Host GitBook Hit by AI Agent Security Breach, Urges Users to Rotate Keys
GitBook says attackers accessed infrastructure credentials in an AI-assisted breach, prompting a shutdown and emergency token resets.
Researchers warned of North Korean hacking tactics years before record $6.3B Binance heist
Cybersecurity experts have long warned of the persistent and patient threat from North Korea's long-running hacks. The world's largest crypto exchange was still caught off-guard.
Bullish
US midterms: Prediction markets favor Democrats in key crypto races
Kalshi and Polymarket price a 75% chance of a Democratic sweep, days after markets misjudged Brazil’s runoff.
CFTC Lets Traders Bet on Stocks With Crypto-Style Perpetual Futures
Chairman Michael Selig said “equity perpetual futures” can now trade on CFTC-registered exchanges, extending a crypto-native instrument to traditional stocks.
Franklin Templeton's Perkins sees crypto moving beyond rates
Prediction markets bet on Democratic sweep of House, Senate in midterm elections
Ahead of polls closing across the U.S., bettors on prediction markes are increasingly pricing in Democrats taking both the House and Senate.
Brazil's Biggest Bitcoin Exchange Says It Will Refund Users After a $40 Million Hack
Mercado Bitcoin says customers won't pay for a hack that drained tens of millions. Withdrawals on the exchange remain frozen with no restart date.
Five Ways North Korea Breaks Into Crypto Firms—and How Binance Was Hacked
From AI deepfakes to poisoning code libraries: here's how North Korean hackers get inside crypto companies.
Epidemic of Hacked Freezers Spreads Across Europe
A suspected hacking wave has pushed supermarket freezers into defrost mode across ten European countries, with temperatures reportedly hitting 50°C. Nobody knows who's behind it or why it spread.
Justin Sun seeks sanctions against Trump-linked World Liberty Financial over UAE ties
The Tron founder says World Liberty failed to disclose its UAE ties until months into his lawsuit over $45 million in WLFI tokens.
Bearish
Thinking of moving off Phantom. What would I be giving up?
Phantom is the only wallet I've used since getting into Solana, mainly because there weren't many options back then. I never had any issues with it, so I didn't see a reason to switch. However, I recently started checking other wallets…