What Happened to Zilliqa? Zilliqa said it is investigating a security incident involving an exchange partner after ZIL was stolen from a cold wallet, adding another exchange-linked custody event to a crypto market already sensitive to wallet security and asset-flow controls. The layer-1 blockchain network said on Monday that it had asked exchanges to temporarily
Why Is Russia Advancing Crypto Rules Now? Russia’s State Duma is preparing to hold final readings on a bill that would bring cryptocurrency activity under a clearer legal framework, placing investor limits and cross-border use at the center of the country’s digital asset policy. Draft bill No. 1194918-8, titled “On Digital Currency and Digital Rights,”
Institutional investors have stopped accepting a smart contract audit as sufficient proof that a crypto project is secure, after audits and lengthy operating records repeatedly failed to flag which platforms would be exploited, according to Hacken. The conclusion anchors the firm’s Q2 2026 Security & Compliance Report, cited by Cointelegraph, which found that compromised keys,
Why Is Input Output Handing Off Cardano Infrastructure? Cardano developer Input Output is moving control of key blockchain infrastructure to outside teams, reducing the network’s reliance on the company that originally built it and pushing Cardano into a more difficult phase of decentralization. The handover covers several core components, including the Cardano Haskell node, Plutus
Why Is Bitcoin Japan Raising Capital Now? Bitcoin Japan has approved a convertible bond and warrant financing package with Cayman Islands-based EVO Fund that could raise an estimated 9.66 billion yen ($59.5 million) in net proceeds over roughly 12 months, based on the initial exercise price. The Tokyo-listed company, formerly known as apparel wholesaler Marusho
Why Did Regulators Miss the GENIUS Act Deadline? U.S. regulators reached the GENIUS Act’s July 18 rulemaking deadline without issuing the final regulations needed to fully implement the federal stablecoin framework, leaving several core rule packages unfinished less than six months before the law is scheduled to take effect. The Treasury Department, Office of the
Why Is Dunamu Facing Regulatory Action? South Korea’s Financial Supervisory Service has reportedly sent an inspection opinion letter to Dunamu, the operator of crypto exchange Upbit, over a $36 million hack that hit the platform in November 2025. The letter formally starts the sanctions process by financial authorities. It gives Dunamu a chance to respond
Why Does Bitcoin’s Quantum Risk Matter? A proposal to freeze bitcoin held in quantum-vulnerable addresses has moved from a hard-loss debate toward a more complex question: which holders can prove ownership safely after a future quantum threat, and which cannot. BIP-361, published in April by Jameson Lopp and five co-authors, proposes blocking new deposits to
What Happened at Consensys? Blockchain software company Consensys temporarily suspended product releases earlier this year after discovering that a software developer working under the alias Tyler Knapp had links to North Korea and had access to some company systems for about a month. The developer was not a direct employee of Consensys. He was introduced
Why Did Nayax Refuse To Pay? Israeli payments company Nayax has refused to pay a ransom demanded by hackers who stole transaction records, scanned documents and other business information from a cloud account linked to one of its subsidiaries. The Nasdaq- and Tel Aviv-listed company confirmed on July 14 that data had been exfiltrated during