DeFi platform Summer Finance loses $6M in vault exploit
Losses totalling $8M kick off the week’s DeFi security news, while a bug on Aptos put “most assets across all chains” at risk.
Protos•Jake Harrison6 JulProtos — page 12
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Coverage, page 12
page 12 of 15Protos•Jake Harrison6 Jul
Nigel Farage faces probe following crypto aide’s secret support, report
The Times revealed that Farage aide George Cottrell was a key player within Tether.bet, a crypto gambling firm allegedly breaking UK laws.
Protos•Jacob Lyon6 Jul
Coinbase AI push notification hallucinated World Cup winner
Coinbase AI fired out a push notification about Norway beating Brazil in the World Cup hours before the match had been played.
Protos•Aaron Wise6 Jul
‘OK, we’re done’: Michael Saylor rage quits another interview
With the price of BTC and Strategy crashing, Michael Saylor grew frustrated with another reporter’s questions, ending the interview cold.
Protos•Aaron Wise3 Jul
Open USD is lying about its 149 partnerships, report
A number of South Korean firms, including Samsung, reportedly haven't agreed partner with stablecoin newcomer Open USD.
Protos•Jacob Lyon3 Jul
Opinion: The failures and follies of Trump’s crypto White House
Donald Trump has embraced cryptocurrency, and it's massively contributed to his wealth; but has the industry benefited?
Protos•Bennett Tomlin3 Jul
Ansem told the Las Vegas Sphere that dogwifhat isn’t crypto
Crypto influencer Ansem admitted that he lied when trying to get dogwifhat onto the Las Vegas Sphere by claiming it was never a coin.
Protos•Jacob Lyon3 Jul
War of the Worlds: Sam Altman’s World fights Solana firm that mogged it
Cloudflare flagged prediction market World for "suspected phishing" after eyeball scanning firm World Network filed a complaint.
Protos•Jacob Lyon2 Jul
FBI Director Kash Patel’s undisclosed Strategy trade is down 45%
Kash Patel reportedly forgot to disclose a six-figure Strategy stock purchase last year after some "miscommunication."
Protos•Jacob Lyon2 Jul
Binance hit with $200M UK lawsuit one day before EU exit
The lawsuit, accusing Binance of offering illegal derivative products, was filed the day before the exchange's forced EU exit.
Protos•Jacob Lyon1 Jul
OUSD stole Hyperliquid’s homework — then hit Circle with it
OUSD, which borrows heavily from Hyperliquid’s USDH playbook, is a new stablecoin that a consortium of more than 140 companies will operate.
Protos•Aaron Wise1 Jul
How Michael Saylor replaced ‘bitcoin’ with ‘credit’
A new audit of Michael Saylor’s posts charts the moment BTC's loudest evangelist switched his focus to credit.
Protos•Aaron Wise30 Jun
Coinmetro declares bankruptcy, blames years-old failure of provider
Coinmetro, an Estonian-based cryptocurrency exchange, has filed for bankruptcy, blaming the failure on one or several financial partners.
Protos•Bennett Tomlin30 Jun
Netflix director sentenced for blowing sci-fi series funds on dogecoin
Carl Rinsch has been sentenced to 30 months in prison after misusing $11M from Netflix to trade dogecoin and buy luxury cars.
Protos•Jacob Lyon30 Jun
AVAX treasury company tells the SEC it might not survive the year
Avalanche treasury stock, which wanted to amass $1B in AVAX, crashed 93% and told the SEC it might not survive the year.
Protos•Aaron Wise30 Jun
World’s biggest clearinghouse didn’t need to XRP to go round the clock
Crypto and blockchain have not been particularly helpful for clearinghouse giants like DTCC expanding to 24 hour service.
Protos•Aaron Wise30 Jun
Tommy Robinson ‘feels like a wanker’ for shilling son’s crypto token
Far-right activist Tommy Robinson, real name Stephen Yaxley-Lennon, said promoting the Patriotic Bull token made him feel like a "wanker."
Protos•Jacob Lyon29 Jun
Strategy authorizes massive BTC sale after 52-week lows
Strategy announces unprecedented plan to sell BTC to pay for dividends and buy-back MSTR, STRC, and its other stocks.
Protos•Aaron Wise29 Jun
DeFi drama: ENS governance battle, EF cuts and Gnosis reboot
Last week was a dramatic week for DeFi with the Ethereum Name Service (ENS) DAO facing a proposal that’s been branded an attempt to “steal its treasury,” Gnosis DAO rerunning recent treasury redemption discussions, and the Ethereum Foundation announcing a 20% staff cut. The proposal facing the ENS DAO entitled “Next Era of ENS DAO: […]
Protos•Mark Toon29 Jun
Crypto censorship tracker shows 3.7B frozen stablecoins and counting
Two companies have remotely frozen 3.7B stablecoins, exposing the kill switch hiding inside crypto’s most popular asset class.
Protos•Aaron Wise29 Jun