When President Donald Trump won the 2024 election last November, it didn't take long to make "DOGE" a priority in the White House. That is, the Elon Musk-led Department of Government Efficiency, which Trump announced on Nov. 12, 2024, and later made

Spot bitcoin exchange-traded funds in the U.S. saw their largest daily net outflows ever on Tuesday, totaling $1.01 billion, excluding data from Ark Invest's ARKB. Out of 12 spot bitcoin funds, 10 reported net outflows.Fidelity's FBTC led the pack of

Top-level Ethereum Foundation researchers responded to questions about scaling, Layer 1 revenue and security, in their latest semi-annual Reddit “AMA” (Ask Me Anything) session. The session comes amid a shift for the organization as former EF Executi

The developers at cross-chain DEX Chainflip plan to deploy a protocol upgrade and enable measures to prevent Bybit hackers from using its platform."The broad and overwhelming consensus amongst the Chainflip ecosystem is that illicit flows endanger th

The U.S. Department of Justice said it has reached a settlement with Aux Cayes FinTech Co. Ltd., an affiliate of crypto exchange OKX, under which the company will pay over $500 million, including $84 million in penalties and approximately $421 millio

Members of the Crypto Council for Innovation, including from Coinbase and OpenSea, as well as Strategy founder Michael Saylor and Robinhood, are among the latest to meet with the new Securities and Exchange Commission's crypto task force urging for c

In the wake of the largest exchange hack in crypto history, Singapore-based crypto exchange Bybit has announced a recovery bounty program, offering security researchers and organizations 10% of any funds recovered from the hack. Should the $1.4 billi

Mantle's liquid restaking protocol, mETH Protocol, announced on Saturday the recovery of 15,000 cmETH tokens, worth about $43 million at current prices, from the Lazarus Group attackers responsible for the $1.4 billion hack of centralized exchange By

Acre, a bitcoin staking platform that allows users to earn rewards in bitcoin, has raised $4 million in a strategic funding round at a $90 million token valuation.Investors in the round include Draper Dragon, Big Brain Holdings and Orange DAO, Acre s

The European Central Bank (ECB) laid out plans to establish a payment system to settle transactions in central bank money. The two-track plan includes establishing a settlement platform using central bank money and creating a long-term solution for u

Cross-border payment services firm MANSA has completed a $10 million financing round led by USDT stablecoin issuer Tether, fueling the company's global expansion.According to a press release, Tether led MANSA’s $3 million pre-seed funding that was co

Japanese investment firm Metaplanet acquired an additional 68 BTC ($6.6 million) to expand its total bitcoin holdings to 2,100 BTC ($203 million), as the company remains bullish on the world's largest cryptocurrency.Metaplanet disclosed on Thursday t

EigenLayer, Polymarket and UMA are collaborating to research and potentially explore the development of a next-generation oracle system.The oracle is set to utilize EigenLayer's infrastructure, likely tapping into its restaking mechanism and the EIGE

A wallet associated with Barstool Sports founder Dave Portnoy deployed a Solana memecoin named Greed and sold a large chunk of the supply afterward to cause the token to collapse.Analytics firm Lookonchain noted that Portnoy bought $357.9 million wor

Hong Kong’s top financial regulator has released a new roadmap to further develop its cryptocurrency industry with proper regulation as the region continues its drive to become a crypto hub.The Securities and Futures Commission announced 12 initiativ

Onchain security platform Blockaid has raised a $50 million Series B at an undisclosed valuation, according to an announcement released on Tuesday. The round was led by Ribbit Capital, with participation from GV and existing investors, including Vari

The U.S. Securities and Exchange Commission acknowledged Tuesday a spot XRP ETF filing from Cboe BZX Exchange, on behalf of Bitwise, to list and trade shares of the Bitwise XRP ETF.In a filing acknowledging the proposal, the SEC asked for comments to

An initial batch of customers of bankrupt exchange FTX are beginning to receive their funds over the next few days, with others set to get their share in the coming months.Convenience class customers, those claiming up to $50,000 will begin seeing th

The Hyperliquid EVM (or HyperEVM) has gone live, a move the Hyper Foundation describes as "bringing general-purpose programmability" to the network.HyperEVM is a component of the Hyperliquid ecosystem, specifically designed to integrate an Ethereum V

The developers of Geth, the official Go client of the Ethereum blockchain, requested that the network’s validators using version 1.15.1 update to v1.15.2 immediately “to prevent potential financial loss.”The upgrade to version 1.15.2 aims to prevent