SecondFi Recovery Targets Two Weeks After $2.4M Cardano Wallet Exploit

Cardano wallet SecondFi has identified a recovery path for users affected by Tuesday’s exploit and expects to begin returning assets in about two weeks, following testing and security reviews. According to a Saturday statement by Phillip Pon, CEO of SecondFi developer Emurgo, the company completed forensic investigations and established a recovery pathway for affected users….

Ethereum’s Staking Tax May Already Be Obsolete Due To EthLabs

Ethereum is running out of money, according to former insiders. The warning has sparked one of the fiercest Ethereum governance debates in months: should the network fund developers by taxing staking rewards, or just rely on wealthy Ether holders to bankroll its ecosystem? At the center of the debate is a controversial proposal from Kleros…

EU Lawmakers Back Review of DeFi, Staking and NFT Regulation

The European Parliament’s economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated. The recommendations were part of a report tabled Friday for plenary vote. It also called for promoting tokenization across financial services, encouraging euro-denominated stablecoins and assessing…

U.S. House Democrat, who may soon run key committee, condemns crypto in 401(k)s

U.S. Representative Maxine Waters may soon return to the helm of the House Financial Services Committee if Democrats perform as expected in the November elections, and she’s asking that the Department of Labor back away from a proposal that would encourage the managers of 401(k) retirement plans to offer alternative investments, including cryptocurrency. In March,…

Bitcoin Rebounds Off Yearly Lows But US Stocks Flash Warning Sign

Key takeaways: Surging spot Bitcoin ETF outflows and a put-heavy options expiry point to fading institutional demand. Risk-reward shifts toward tech stocks, leaving crypto traders to seek catalysts beyond macroeconomic tailwinds. Bitcoin (BTC) traded down 9% in three days, hitting its lowest level since September 2024. The $58,000 retest triggered over $1 billion in liquidations…

Iran-linked Entities Moved $3.8B Through CoinEx Exchange: TRM

Wallets with identifiable links to sanctioned Iranian entities have moved over $3.84 billion through cryptocurrency exchange CoinEx since 2019, making it one of the main channels used to bypass US economic sanctions, according to blockchain analytics company TRM Labs. About 60 Iranian platforms were tied to the funds, with $2.7 billion of this flowing between…

Ethereum Whale Who Shorted October 2025 Crash Returns With $19.7M Short ETH Bet

An Ethereum whale who shorted Ether (ETH) during the October 2025 crypto crash has returned after eight months of silence. Key takeaways: Ethereum whale opens a $19.72 million 20x ETH short near the $1,500 support zone. ETH’s bear flag setup hints at a decline toward $1,375, which may earn the whale roughly $2.39 million in…

Senators Urge CFTC Probe Polymarket Over Faked Ads Report

A bipartisan pair of US senators has called on the Commodity Futures Trading Commission to investigate the prediction market platform Polymarket after it reportedly paid social media influencers to make videos of fake bets. Republican Senator John Curtis and Democratic Senator Adam Schiff sent a letter to CFTC Chair Mike Selig on Thursday, saying they…

Does Botanix’s Failure Prove Bitcoiners Don’t Care About DeFi?

For the past two cycles, Bitcoin DeFi has lived more as a promise than a category. Programmable Bitcoin has remained a vision held by a certain breed of Bitcoin maxi who believes that the world’s largest cryptocurrency can become productive without losing its security or sound money qualities. Yet the closure of Bitcoin scaling platform…

Spark Brings $150M Stablecoin Liquidity to Uniswap v4

Decentralized finance (DeFi) protocol Spark has deployed approximately $150 million in stablecoin liquidity across two Uniswap v4 pools on Ethereum as part of a collaboration aimed at creating shared liquidity and exchange infrastructure for stablecoin issuers. A Spark spokesperson told Cointelegraph that the initial deployment is live in two pools pairing USDS with PayPal USD…