Initia Network Exploit Halts Chain as $2.7M Is Reported Bridged Out
Initia halted its Layer 1 chain and rollups after a reported MoveVM flaw enabled unauthorized token minting; the reported $2.7 million in bridged assets remains preliminary.
Coinbase Ireland Fine Under Fire: What the New Findings Mean
Ireland’s Central Bank announced a €3.25 million fine for Coinbase Ireland over historic safeguarding and outsourcing failures. Coinbase says no customer lost funds or access; High Court confirmation remains pending.
Stablecoin Rewards Under Fire: What the OCC’s New Rules Mean
The OCC finalized GENIUS Act rules for payment stablecoin issuers, with reserve and redemption standards taking effect January 18, 2027.
Crypto Security Audits: New Warning After $1.18B in Q3 Losses
Hacken recorded $1.18 billion in crypto losses across 107 Q3 incidents, showing why audits need strong day-to-day security controls.
Judge Rejects a New Bid to Undo Gemini CFTC Settlement
A federal judge rejected Gemini and the CFTC’s bid to undo the January 2025 $5 million consent order, leaving the settlement in place.
