Why Did Fogo Halt Its Blockchain? Layer 1 blockchain Fogo halted its mainnet on Saturday after an attacker obtained 400 million FOGO tokens, escalating its response roughly 15 hours after the Fogo Foundation initially said the underlying network was unaffected by the security incident. The affected tokens represented about 4% of FOGO’s 10 billion-token genesis
How Did The Cosmos EVM Exploit Work? Attackers exploited a critical flaw in shared Cosmos software across six blockchains between Aug. 20 and Aug. 25, converting stolen tokens into about $5.7 million of other assets and exposing weaknesses in how security fixes were communicated to networks using Cosmos EVM. Cosmos Labs said approximately $2.87 million
What Did Polygon Fix in the Austin and Kyoto Hard Forks? Polygon has disclosed a series of previously private security vulnerabilities affecting its proof-of-stake network after fixes were deployed through two coordinated hard forks. The vulnerabilities affected Polygon’s Bor and Heimdall clients and included denial-of-service risks, validator resource exhaustion and weaknesses involving checkpoint and milestone
How Did The Rain Solana Card Exploit Affect Tria Users? Crypto finance platform Tria has reimbursed 636 users who lost a combined $431,945 from card balances after a vulnerability in card issuer Rain’s Solana infrastructure allowed unauthorized withdrawals. Tria said every affected customer received a full refund plus an additional 10%. If applied directly to
Why Did The Trump Digital GOLD Token Collapse? Real Trump Coins has denied launching or authorizing the Trump Digital GOLD token after the Solana-based cryptocurrency was promoted through its online presence and then collapsed following heavy selling by wallets linked to the launch. The Real Trump Coins X account promoted GOLD on Saturday and directed
More than a dozen major banks including Bank of America, Wells Fargo and Santander are moving forward with plans for a jointly developed stablecoin that could operate across public blockchains and compete with crypto-native payment tokens. The consortium is considering launching a token initially backed one-to-one by U.S. dollars before expanding into euros and potentially
Spain’s transition to the European Union’s crypto licensing regime ended on 1 July 2026, as FinanceFeeds reported before the cutoff. The date was not extended: from 1 July, the CNMV says only providers authorised in Spain or another European jurisdiction may offer regulated crypto-asset services to Spanish users. Eight weeks later, the result is less
Why Did Bithumb Sue Its Own Users? Bithumb has won another lawsuit seeking the return of proceeds from bitcoin mistakenly credited to customers during a February promotional campaign, giving the South Korean crypto exchange its second victory among four civil cases stemming from the error. The Seoul Central District Court ruled Thursday that the defendant
What Happened To Moonwell’s MAMO Market? Decentralized lending protocol Moonwell is investigating an incident affecting its MAMO Core Market on Base after blockchain security firms estimated that an attacker extracted approximately $8.7 million by manipulating the price of the relatively illiquid MAMO token. Moonwell responded by effectively shutting down new borrowing across its Core Markets
Thailand’s Securities and Exchange Commission has advanced regulations for locally listed spot Bitcoin and Ethereum exchange-traded funds, opening a new public consultation as the country moves closer to allowing retail investors to gain direct crypto exposure through its traditional stock market. The Thai SEC opened two consultations on August 24 covering draft regulations for domestic