The attacker who stole about 261,854 SOL tokens (worth $27-30 million) from Step Finance has sold $21 million of the stolen SOL and moved the funds to Ethereum. They converted the stolen assets into ETH and laundered the money through Tornado Cash, a crypto mixer sanctioned by the US Treasury but still operational. Step Finance ceased operations after the breach, recovering only $4.7 million of the total $40 million loss. The laundering through Tornado Cash complicates further recovery efforts without law enforcement intervention, and the planned STEP token buyback may have limited impact due to the project's shutdown.
Michael Saylor emphasized that Bitcoin protocol changes must have overwhelming network agreement to protect the system's integrity, describing hard consensus as Bitcoin's immune system. He explained that fees price block space, nodes set policy, mine...
Foxconn, traditionally known for assembling iPhones, reported a 29% year-over-year revenue increase to NT$2.12 trillion ($66 billion) in Q1 2026, driven primarily by AI server sales. For the first time, AI servers accounted for nearly 50% of total re...
XRP is attempting to sustain a rebound around the $1.08–$1.10 support zone despite ongoing extreme fear sentiment in the crypto market. While trading near $1.14, XRP faces resistance at $1.15 and medium-term hurdles around $1.35–$1.40. Prediction mar...
Ripple is supporting America250's Giving 4th campaign by matching eligible XRP donations up to $10,000 to the Call of Duty Endowment's CODE4Vets initiative. This campaign, tied to the U.S. 250th Independence Day, helps veterans transition to civilian...
Solana (SOL) is stabilizing around the $75 level after weeks of downward pressure, with traders closely watching this key price point to determine if a sustained breakout or continued range-bound trading will occur. The $75 mark acts as both psycholo...
