How Lax Oversight Led to the Unleash Protocol Hack

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Unauthorized contract upgrade allowed direct withdrawals from the protocol Funds were bridged to Ethereum and laundered through Tornado Cash Affected assets include WIP, USDC, WETH, stIP and vIP A governance failure at Unleash Protocol led to a major security breach that allowed an attacker to steal approximately $3.9 million of user funds. The incident was … Read more

HyperLiquid Loses $5M in POPCAT Attack, HYPE Token Faces Selling Pressure

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POPCAT manipulation led to Hyperliquid’s HLP absorbing approximately $5M in losses. Hyperliquid’s token is trading below key EMAs amid bearish momentum. Retail demand for HYPE has waned and futures open interest has fallen to $1.56B. The decentralized derivatives platform Hyperliquid faced severe selling pressure after a sophisticated POPCAT attack that resulted in millions of dollars … Read more

Crypto Update: US Stablecoin Law Spurs China to Accelerate Plans

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China’s push into stablecoins is a defensive move against the dominance of the United States dollar. The U.S. GENIUS Act is a key catalyst for Beijing’s recent policy shift. The experiment is restricted to offshore markets, such as Hong Kong. A seismic shift is underway in Beijing. The Chinese government, long a staunch opponent of … Read more

LayerZero Outlook: ZRO Price Wavers Ahead of $43M Token Unlock

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The interoperability platform will release 25.71 million coins today. Traders prepare for potential volatility amid the influx of liquidity. ZRO trades above a crucial support zone at $1.50. Cryptocurrencies rose on Monday as the total market value of all digital assets climbed 3% over the past 24 hours to $3.74 trillion. Amid broader optimism, LayerZero’s … Read more

CoinShares Expands U.S. Push with Bastion Acquisition and IPO Plans

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CoinShares acquires Bastion Asset Management and expands its US crypto investment offerings. The deal strengthens CoinShares’ push into active crypto ETFs amid rising institutional demand. The firm targets a $1.2 billion US listing as the SEC streamlines the approval process for crypto ETFs. European digital asset manager CoinShares is deepening its presence in the United … Read more

Zcash Outlook as ZEC Retests $270 Level: What Comes Next?

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Zcash price is trading above $270, a key level as bulls target $300 and higher. Growing use of shielded transactions and DeFi integrations enhances ZEC’s appeal. A break above $310 could let bulls aim for $500, while key support sits near $204. Altcoins are attempting a rally, and Zcash (ZEC) is trading at $271 — … Read more

Will Bitcoin Break Through $90K Resistance? Forecast Inside

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Key takeaways BTC is trading around $89,000 after losing less than 1% of its value in the past 24 hours. The leading cryptocurrency could test the $90,000 resistance level in the near term. BTC trading below $90,000 The crypto market opened a new bearish weekly candle as Bitcoin and other major digital assets sit in … Read more

Vietnam Launches Official Licensing for Digital Asset Trading Platforms

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The SSC launched the process following the Ministry of Finance’s issuance of Decision No. 96. Banks and brokers, including SSI, VIX, and major lenders, are preparing to apply. Rules include a minimum capital of 10 trillion dong, 65% institutional ownership, and a 49% foreign ownership cap. Vietnam has officially moved closer to implementing a regulated … Read more

UXLINK Attacker Launders $43M in Assets Stolen via Phishing

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On September 24, the UXLINK attacker converted 1,620 ETH into 6.73 million DAI. The swap occurred nearly 48 hours after the initial exploit. A phishing scam tied to Inferno Drainer drained 542 million UXLINK tokens, worth about $43 million. The UXLINK breach has taken another unexpected turn as the actor behind the exploit continues to … Read more