Blockstream recovered about 3,400 BTC from the 4,000 BTC stolen in a Liquid Network exploit but refuses to pay the $47 million ransom demanded for the remaining 598.5 BTC. The exploit exploited a software bug in the Elements codebase, allowing attackers to create unbacked L-BTC and swap it for real BTC without compromising the federation's signing keys. Blockstream views paying ransom as encouraging theft negotiation and has engaged law enforcement to recover the rest legally. This incident highlights the risks in crypto security and the company's stance against rewarding attackers.
On September 11, institutional investors shifted funds from Bitcoin ETFs, which saw $13.29 million in outflows, to Ethereum ETFs, which gained $216 million. This rotation suggests a change in preference rather than a broad market exit, with Bitcoin E...
XRP's price volatility has sharply decreased ahead of the US Senate's vote on the CLARITY Act and the Federal Reserve's interest rate decision, causing the price to stabilize around $1.34–$1.37. Historically, such low volatility phases for XRP have l...
Since September 9, 2026, borrowing USDe to convert into sUSDe and stake it on Aave has become unprofitable, as borrow rates (6.02%-6.39%) now exceed the staking yield (5.01%). This change followed a governance recommendation that raised the USDe base...
Bank of Hawaii has boosted its earnings by nearly 40% this year, driven by improved net interest margins and a strong portfolio of legacy fixed-rate assets. The bank's loan book is mostly secured by real estate with low loan-to-value ratios, reducing...
Circle announced it will discontinue the legacy version (CCTP V1) of its USDC cross-chain transfer bridge by December 1, 2026, with transfer caps starting to fall on October 31. For USDC holders on the Cosmos chain Noble, all contracts will halt by J...
