USR issuer Resolv Labs says its collateral pool remains intact after an exploit on Sunday that minted 80 million unbacked tokens and drove the US dollar stablecoin as low as $0.14. Resolv Labs moved Sunday to reassure users after an exploit hit the issuance mechanics of its USR stablecoin, knocking the token off its dollar...Continue Reading

Bitcoin’s 20-week rolling correlation with the S&P 500 has turned positive, a signal that has historically preceded major BTC price declines. Bitcoin (BTC) erased much of its US-Iran war-driven gains this week, moving back in sync with the broader downtrend in risk assets, mainly US equities. Key takeaways: Bitcoin’s positive flip in S&P 500 correlation...Continue Reading

Indian crypto exchange CoinDCX says the fraud complaint is part of a wider impersonation scam, citing more than 1,200 fake sites using its brand. Indian crypto exchange CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal have reportedly been arrested in India following a police complaint alleging their involvement in a crypto investment fraud. The Economic Times...Continue Reading

Welsh warned others to stay away from crypto and said that she still does not understand anything about the sector more than a year later. Hailey Welch, the online social media influencer, popularly known as the “Hawk Tuah girl,” said that the implosion of the “HAWK” memecoin, which she promoted in 2024, and the ensuing...Continue Reading

An attacker has exploited the Resolv USR stablecoin to mint 80 million tokens and has reportedly been able to cash out at least $25 million. A stablecoin tied to the crypto project Resolv Labs has lost its peg to the US dollar after an attacker was able to exploit the token’s contract to create millions...Continue Reading

A Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the state for 14 days. A Nevada judge has temporarily blocked Kalshi from operating in the state, finding that state authorities are reasonably likely to prevail in a legal fight over whether the company’s event contracts...Continue Reading

The Commodity Futures Trading Commission staff has provided answers to frequently asked questions about the agency’s expectations around a crypto collateral pilot. The US Commodity Futures Trading Commission has given more details on its expectations for the use of crypto as collateral amid a pilot program that the agency launched last year. In a notice...Continue Reading

Google has identified a new form of crypto-stealing malware, Hong Kong retiree suffers major losses in a crypto scam: Hodler’s DigestContinue Reading

The South American country will hold its presidential election in October 2026, and incumbent Luiz Inácio Lula da Silva is running for re-election. Brazil’s Finance Minister, Dario Durigan, is putting crypto tax policy on the back burner until after the country’s presidential elections in October 2026 to avoid pushing for “divisive” tax changes during an...Continue Reading

The SEC’s digital asset market taxonomy, which classifies most cryptocurrencies and tokens as non-securities, is a major step for US regulators. The recent guidance from the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission establishing a taxonomy for digital assets put a “final nail” in the coffin of SEC policy...Continue Reading