Kelp DAO Suffers $292 Million rsETH Exploit – Details

Wu Blockchain reports that Kelp DAO has suffered a massive cross-chain exploit that drained approximately 116,500 rsETH, valued at nearly $292 million. The incident raises fresh concerns about the protocol’s security, coming less than a year after a previous disruption tied to a smart contract bug Related Reading: $20M Crypto Scam Lands Texas Man 23-Year […]

Crypto Regulation: Polish Parliament Fails To Overturn Presidential Veto Again

Once again, Poland’s Parliament has failed to override the presidential veto of a controversial piece of cryptocurrency legislation, deepening tensions between the country’s legislative branch and its head of state. Related Reading: Bold Call: Ripple Tipped To Become Payments Giant By 2040 Polish Lawmakers Face Consecutive Defeat Against Nawrocki Over Crypto Bill According to a […]

Iran Ceasefire Drives Bitcoin Above $75,000, But Can It Push BTC To $100,000?

Bitcoin has climbed back above $75,000 as easing Middle East tensions helped reduce risk appetite and led to inflows into the crypto industry. A 10-day ceasefire linked to the Israel-Lebanon front and Iran’s declaration that the Strait of Hormuz is open to commercial shipping all helped cool oil prices and improve sentiment across stocks and […]