Operation Atlantic, a joint US, UK and Canadian operation, froze more than $12 million tied to crypto approval phishing and identified over 20,000 victims. Authorities in the United States, United Kingdom and Canada have frozen millions of dollars tied to crypto scams in a joint enforcement operation called Operation Atlantic. The operation, focused on phishing...Continue Reading

Hyperliquid data showed a 145 million Fartcoin position unwound across wallets, with the platform redistributing about $849,000 in gains to opposing traders. A trader lost about $3 million after building a large leveraged Fartcoin position on Hyperliquid that unraveled in thin liquidity, triggering the platform’s auto-deleveraging (ADL) mechanism. Hyperliquid data flagged by Lookonchain shows that...Continue Reading

Anger is growing over prediction market bets on the Iran war that critics say exploit human misery for financial gain.Continue Reading

North Korea’s crypto playbook now spans fake developers, conference contacts and major DeFi exploits reaching deep across the industry. This month’s $285 million exploit on Drift, a decentralized exchange (DEX), was the largest crypto hack in over a year, when exchange Bybit lost $1.4 billion. North Korean state-backed hackers were named as prime suspects in...Continue Reading

The US Justice Department and commodities regulator asked a federal court to block Arizona’s action against Kalshi, arguing federally regulated event contracts fall under CFTC jurisdiction. The US Department of Justice (DOJ) and Commodities and Futures Trading Commission (CFTC) asked a federal court to block Arizona from enforcing state gambling law against Kalshi’s event contracts,...Continue Reading

BitMEX said commodity perpetual swaps volume jumped from $38.1 million to $25 billion in Q1 as traders flocked to 24/7 gold, silver and oil exposure. BitMEX said in a Thursday report that commodity perpetual swaps were the fastest-growing segment of TradFi perps in the first quarter of 2026, with weekly volume rising 65,463% from $38.1...Continue Reading

Bitcoin Depot said a hacker stole 50.9 BTC, worth about $3.7 million, after gaining access to internal systems linked to corporate wallets. Crypto ATM operator Bitcoin Depot revealed that it lost about 50.9 Bitcoin, worth roughly $3.7 million, after a hacker gained access to some of its internal systems. The breach happened on March 23...Continue Reading

Crypto exchanges are racing to capture the market share of TradFi trading venues, but tokenized commodities adoption remains limited by pricing and liquidity concerns. Cryptocurrency exchanges are taking a growing market share from traditional finance (TradFi) trading venues through tokenized commodities products, but the mainstream adoption of tokenized precious metals remains limited by pricing and...Continue Reading

Bitcoin needs to regain momentum with higher trading volumes for BTC to reclaim $80,000 as support and sustain the recovery. Bitcoin’s (BTC) relief rally to $72,000 appears to be cooling off, but analysts believe the BTC price may “continue rising” in the short term. Key takeaways: Bitcoin must flip the short-term holder realized price at...Continue Reading

Bhutan has moved another 319 BTC, taking the total to over 9,000 BTC since late 2024, and trimming its sovereign stash by around 70%. Bhutan moved more Bitcoin from its sovereign-linked wallet on Thursday, further reducing its once sizeable BTC stash and extending its months-long selling.  Arkham data showed a wallet attributed to the Royal...Continue Reading