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Hyperbridge Polkadot Bridge Hack Losses Reach $2.5 Million

Hyperbridge said the April 13 exploit of its Token Gateway was about 10 times worse than first reported, raising its estimate of realized losses to roughly $2.5 million after initially putting the figure near $237,000. The team said the revised number came after reconciling attacker activity across four chains, accounting for the exploit’s two phase

HIP‑3 Open Interest Nears Multi‑Billion Threshold

Hyperliquid’s HIP‑3 open interest is pushing toward the multi‑billion mark, led by not just crypto perps but synthetic equities and index products. Hyperliquid’s HIP-3 New ATH Following Bitget Wallet integration of Hyperliquid’s HIP‑3 infrastructure at the beginning of the month, The Block claimed today that its data indicates that only three of Hyperliquid’s ten most‑traded

AllUnity Adds EURAU to Major DEX Liquidity Pools

AllUnity, a regulated European stablecoin issuer, is expanding its euro-pegged stablecoin, EURAU, across major decentralized exchanges (DEXs). The company announced Thursday that its EURAU stablecoin is entering liquidity pools across major DEXs, including Uniswap, currently the largest decentralized exchange by trading volumes. The rollout includes two EURAU trading pairs, one against Tether USDt (USDT) on

Quantum Migration Could Reveal Satoshi’s Accessible Bitcoin

Blockstream CEO Adam Back said Thursday that a future post-quantum migration of Bitcoin could help clarify how many coins linked to Satoshi Nakamoto remain accessible, because any owner wanting to protect vulnerable holdings would need to move them to a new address format. Speaking at Paris Blockchain Week, Back said such a migration would likely

Europe Won’t Replicate Strategy’s Bitcoin Treasury Model

European companies exploring Bitcoin treasury strategies are unlikely to replicate the playbook pioneered by Michael Saylor’s Strategy, according to industry executives, who pointed to structural differences between US and European capital markets. Speaking at Paris Blockchain Week 2026, Thomas Vogel, a partner in the Paris and Frankfurt offices of Latham & Watkins, said the constraints

Circle CEO Sees Market for Yuan-Backed Stablecoin Despite Crackdown

Circle CEO Jeremy Allaire says there is “tremendous opportunity” for a yuan-backed stablecoin, despite Beijing’s formal moves against most private renminbi-linked stablecoins and commitment to its own digital yuan.  Speaking to Reuters in Hong Kong on Thursday, Allaire framed stablecoins as a way for China to “export” its currency by making global payments easier, as

French Official Proposes Protections Against Crypto Kidnappings

Jean-Didier Berger, minister delegate to the interior minister of France, said authorities are taking measures to protect cryptocurrency investors from the growing threat of crypto kidnappings and wrench attacks in the country. Speaking at Paris Blockchain Week, Berger said his office has taken “preventative measures” against crypto wrench attacks, including launching a prevention platform that

Study: Crypto Protocols Rarely Disclose Market-Maker Terms

A review of more than 150 major crypto protocols shows that disclosure of market-making arrangements is almost nonexistent, despite their central role in token trading. The research, conducted by crypto advisory company Novora, found that fewer than 1% of protocols disclose any terms related to market makers. Across the full dataset, only one protocol, decentralized

South Korea Trials Bank-Backed Tokenized Deposits for Spending

South Korea’s Ministry of Economy and Finance (MOEF) is preparing to test blockchain-based payments for certain government expenses under a regulatory sandbox exploring distributed ledger technology (DLT)-based financial infrastructure. The ministry said on Thursday that it selected a pilot project that will use tokenized deposits to execute government operational spending, with a full rollout targeting

Cato Scholar Calls to End Bitcoin Capital Gains Tax

Cato Institute, a US-based think tank, argued that the government should remove capital gains taxes on Bitcoin and other cryptocurrencies to open the door for more currency competition. The capital gains tax (CGT) is discouraging the use of alternative currencies like Bitcoin (BTC) as it incentivizes long-term holding and adds extra burdens to reporting requirements
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