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 […]

Expert Predicts What Will Happen To Bitcoin Price Amid The Miner Shift To AI

Charles Edward, founder of the digital asset hedge fund Capriole Investments, has warned that BTC miners are rapidly shifting to artificial intelligence (AI), raising concerns about the future of mining activity and its impact on the Bitcoin price. He described the trend as both unexpected and worrying based on statements from publicly listed Bitcoin mining […]