Brazilian police bust cocaine traffickers in crypto-linked transnational probe
Brazilian police suspect the group of shipping around 6.5 metric tons of cocaine and laundering billions in Brazilian reals through cryptoenabled illicit money…
Coinbase CEO touts agentic finance as Base tops 100M AI payments
Coinbase CEO Brian Armstrong says AI agents will expand crypto adoption, pointing to Base, USDC and x402 as key pieces of agentic finance. Source:Cointelegraph
Triple-A confirms treasury-wallet breach after losses reach $11.8M
The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.…
BitMart withdrawals appear to slow following wind-down announcement
Users reported withdrawal delays and freeze notices as wallets attributed to BitMart fell to about $69 million and its BMX token extended an 81.5% weekly…
Garden Finance disables app as Blockaid reports $450,000 exploit
Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s offchain database and inserted…
Storj files for bankruptcy, explores equity path for tokenholders
The decentralized storage provider says its network will continue operating during Chapter 11 as it explores a courtapproved ownership mechanism for STORJ…
WEMIX says attacker moved about $724,000 after contract breach
WEMIX suspended bridges, liquiditypool trading and several services after an attacker compromised a WEMIX$linked contract and moved 724,198 USDC.e.…
CFTC issues second warning to prediction markets on cookie-cutter self-certifications
For the second time this year, the regulator told prediction markets to stop issuing overly broad, templatestyle certifications of events contracts.…
Russia’s Sberbank to launch crypto trading infrastructure this year
Russia’s biggest bank plans to create cryptocurrency trading infrastructure by Dec. 1 as the country is set to establish rules for market participants while…
South Korea’s largest bank to launch payment service on JPMorgan’s Kinexys
South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar crossborder payments for import and export businesses across 10…
BitMart to wind down exchange, end trading by Aug. 26
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end…
Binance ‘red teams’ its own staff every month to keep hackers out
Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches. Source:Cointelegraph