Roughly $13 million in user funds vanished from Russia crypto exchange Grinex in April 2026, and by the time the exchange suspended trading, the money was already moving fast across blockchain networks toward a single destination wallet. The halt left users unable to access their funds, withdraw balances, or execute trades, with no timeline given
Slash raised $100M at a $1.4B valuation as it processes over $1B in annualized stablecoin payments for 5,000+ businesses, turning crypto into back‑office banking rails. Summary Enterprise banking platform Slash has raised $100 million in a Series C round led by Ribbit Capital, lifting its valuation to about $1.4 billion and bringing total funding to
Ether (ETH), the cryptofuel that powers distributed applications on the Ethereum platform, will be issued at a constant annual linear rate via the block mining process. This rate is 0.3 times the total amount of ETH that will be purchased in the pre-sale. While the best metaphor for ETH is “fuel for running the contract
The price of bitcoin BTC$76,183.76 has again pushed above $76,000 alongside about a 10% plunge in the price of crude oil on an apparent reopening of the Strait of Hormuz. “The passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” said Iranian Foreign Minister Seyed
Finance ministers, central bankers, and senior financiers are increasingly focused on the potential risks posed by Anthropic’s Claude Mythos model, amid fears it could expose critical weaknesses in global financial infrastructure. Summary Global finance leaders warn Anthropic’s Mythos AI could expose critical flaws in financial and core IT systems. Banks and governments are testing the
The idea of releasing a new currency as a mechanism for funding protocol development is perhaps one of the most interesting economic innovations to come out of the cryptocurrency space. In the past twenty years, we have seen a growing centralization in the protocols that underlie the internet, with the rise of proprietary chat systems
Citi analysts say holding both gold and bitcoin can improve portfolio performance compared with traditional bond-and-equity mixes. In a new report cited by CNBC, analyst Alex Saunders said a 5% allocation to gold enhances portfolio efficiency, while splitting that exposure between gold and bitcoin produces stronger results. The analysis found the mixed allocation improves returns
Plans to release revised stablecoin yield language in the Clarity Act have been delayed, extending uncertainty around one of the bill’s most divisive provisions. Summary Release of the Clarity Act stablecoin yield draft has been pushed back as lawmakers wait for committee timing clarity. Draft language still restricts rewards on idle balances while allowing yield
Over the past two weeks our primary focus has been getting all of the clients updated to PoC5 compatibility, and it definitely has been a long road. Among the changes to the VM include: The new init/code mechanism: basically, when you create a contract, the code provided will execute immediately, and then the return value
The evolution of the digital asset landscape has called for attention towards effective ways to achieve compliance. It is time to move beyond the philosophy of ‘asking for forgiveness rather than permission’ as the digital asset landscape no longer works according to the “Wild West” ethos. You can become a digital assets compliance expert and
