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Griff Green, a member of Arbitrum’s security council, said the group acted with input from law enforcement and “did not make this decision lightly." Ethereum layer-2 blockchain Arbitrum on Monday froze more than 30,000 Ether worth about $71.2 million held in a wallet connected to the recent exploit of the Kelp protocol. Arbitrum said on

A US senator has reportedly urged Senate Banking Chair Tim Scott to delay the markup for the crypto market structure bill until May, as banking and crypto representatives need more time to resolve disagreements over stablecoin yield provisions. US Republican Thom Tillis of North Carolina told reporters Monday that he does not expect the Senate

Crypto lobby Coin Center expanded its argument that software code is free speech and should be protected under the First Amendment of the US Constitution, amid continued uncertainty over whether crypto developers are liable for how their inventions are used. In a report published Monday, Coin Center executive director Peter Van Valkenburgh and director of

Coinbase-backed artificial intelligence payments standard x402 has launched a marketplace for apps and services to boost the usefulness of AI agents. Coinbase product lead Nick Prince said in a video posted on X on Monday that the idea behind the platform, called Agentic.market, was to “give humans and their agents access to thousands of services

A New York state assemblymember and congressional candidate has proposed an artificial intelligence dividend program for US citizens to address potential job losses stemming from advances in AI technology. In an X post on Sunday, New York lawmaker Alex Bores outlined a plan to prepare the US and its citizens for the "potential large-scale displacement

Decentralized lending platform Aave’s risk management provider has outlined two scenarios on how bad debt from the Kelp DAO exploit over the weekend could impact the ecosystem, depending on how the losses are allocated. The incident began on Saturday when hackers stole 116,500 Kelp DAO Restaked ETH (rsETH) tokens worth $293 million from Kelp DAO’s

John Oliver, host of HBO’s “Last Week Tonight,” targeted prediction market platforms on his show’s latest weekly deep dive. In Sunday’s airing of the show, Oliver discussed some of the trivial event contracts on platforms like Kalshi and Polymarket, including betting whether members of the Trump administration would use certain words in public addresses, to

Bybit led an $8 million Series A funding round in Hata, a dual-licensed digital asset exchange operating in Malaysia. The round also included participation from global family offices and followed Bybit’s earlier investment in Hata’s $4.2 million seed round. According to Monday’s announcement, the funding will be used to improve liquidity, expand the user base

Since Paul Atkins was sworn in as chair of the US Securities and Exchange Commission (SEC) on April 21, 2025, the agency has significantly changed its position on regulation and enforcement related to digital assets, marking a shift from the leadership of former Chair Gary Gensler during the Biden administration. During his 2024 presidential campaign

Key points: Buyers aggressively bought into the dip in Bitcoin, indicating positive sentiment. That increases the possibility of a rally to $84,000. Several major altcoins have pulled back to their support levels, signaling that the bears remain sellers on rallies. Bitcoin (BTC) corrected over the weekend but is finding buyers at lower levels, indicating a