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Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC

Circle is facing criticism following a $285 million hack of the Drift protocol, where stolen USDC was not promptly frozen. Despite the significant amount of funds involved, Circle's inaction has raised concerns about its security measures and response protocols. The incident highlights vulnerabilities within decentralized finance (DeFi) platforms and the challenges of asset recovery in such environments. Stakeholders are calling for improved safeguards and more proactive measures from Circle to prevent future incidents. The situation underscores ongoing debates regarding accountability and security in the crypto space.

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Schwab plans spot bitcoin, ether trading launch in first half of 2026

Charles Schwab plans to launch spot trading for Bitcoin and Ethereum in the first half of 2026. This move aims to expand the firm's offerings in the cryptocurrency space, catering to growing investor interest. Schwab's entry into spot trading follows a trend among traditional financial institutions

Bitcoin Miner MARA Slashes 15% of Workforce After Selling $1.1 Billion in BTC

Bitcoin mining company Marathon Digital Holdings (MARA) has reduced its workforce by 15% following the sale of $1.1 billion in Bitcoin. The decision comes as the company aims to cut costs amid challenging market conditions and fluctuating cryptocurrency prices. Despite the workforce reduction, Marathon plans to continue its mining

Here's what 'cracking' bitcoin in 9 minutes by quantum computers actually means

A recent article discusses the implications of quantum computers potentially "cracking" Bitcoin's encryption in just nine minutes. This capability raises concerns about the security of Bitcoin, as quantum computers could undermine the cryptographic algorithms that protect transactions. Experts emphasize that while current quantum technology is not

FIFA Inks World Cup Prediction Market Deal With ADI Predictstreet

FIFA has partnered with ADI Predictstreet to launch a prediction market for the upcoming World Cup. This collaboration aims to enhance fan engagement by allowing users to make predictions on match outcomes and other events during the tournament. The platform will leverage blockchain technology to ensure transparency and security in

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Schwab plans spot bitcoin, ether trading launch in first half of 2026

Bitcoin Miner MARA Slashes 15% of Workforce After Selling $1.1 Billion in BTC

Here's what 'cracking' bitcoin in 9 minutes by quantum computers actually means

FIFA Inks World Cup Prediction Market Deal With ADI Predictstreet