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Solv Protocol says exploit drained $2.7 million from Bitcoin yield vault

Solv Protocol says exploit drained $2.7 million from Bitcoin yield vault

The Solv Protocol team said it would cover the losses from the "limited exploit," totaling about $2.7 million for about 10 users.

Penguin Apparel Brand Targets Crypto IP Pudgy Penguins in Trademark Infringement Lawsuit

Penguin Apparel Brand Targets Crypto IP Pudgy Penguins in Trademark Infringement Lawsuit

The firm behind the Original Penguin brand is suing Pudgy Penguins in a lawsuit that alleges the crypto brand infringes on its trademarks.

CleanSpark sells 553 BTC for $36.6M in February as miners offload Bitcoin

CleanSpark sells 553 BTC for $36.6M in February as miners offload Bitcoin

The Nasdaq-listed miner sold nearly all of its February production while expanding power capacity in Texas and maintaining a treasury of more than 13,000 BTC.

Trump son echoes president's anti-bank message amid stablecoin yield fight

Trump son echoes president's anti-bank message amid stablecoin yield fight

The post from Eric Trump, tagging his crypto company, came hours after his father claimed banks were holding a market structure bill “hostage.”

Dollar-cost averaging Bitcoin is safest strategy for long-term gains: Data

Dollar-cost averaging Bitcoin is safest strategy for long-term gains: Data

Backtested data and forward-looking models found that dollar-cost averaging Bitcoin buys is the best way to invest in BTC. Will the strategy work in the next bull market?

Ripple adds Coinbase crypto futures to its $3 trillion trading venue

Ripple adds Coinbase crypto futures to its $3 trillion trading venue

Ripple Prime institutional clients can now trade Coinbase's bitcoin, ether, solana and XRP futures in a regulated U.S. market.

Kraken's surprise Fed win may harken onslaught of crypto firms with narrow Fed access

Kraken's surprise Fed win may harken onslaught of crypto firms with narrow Fed access

The Kansas City Fed may term this "Tier 3" access, but Kraken's entry into the vaunted Fed payments system has riled bankers and raised crypto hopes.

Coinbase CEO Brian Armstrong and execs face shareholder lawsuit over disclosures, compliance failures

Coinbase CEO Brian Armstrong and execs face shareholder lawsuit over disclosures, compliance failures

The complaint centers on custody disclosures tied to bankruptcy risk, whether Coinbase listed tokens that could be securities and deficiencies in the company’s AML program.

Crypto Legislation Stalls in Washington as Banks, White House Clash Over Stablecoin Yields

Crypto Legislation Stalls in Washington as Banks, White House Clash Over Stablecoin Yields

Bitcoin Magazine Crypto Legislation Stalls in Washington as Banks, White House Clash Over Stablecoin Yields Talks over landmark U.S. cryptocurrency legislation have hit a fresh impasse after major ba...

The Daily: NYSE parent ICE invests in OKX at $25B valuation, suspect arrested in FBI operation over alleged $46M US Marshals crypto theft, and more

The Daily: NYSE parent ICE invests in OKX at $25B valuation, suspect arrested in FBI operation over alleged $46M US Marshals crypto theft, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

More crypto firms likely to get Fed master accounts and banks lack power to block approvals, TD Cowen says

More crypto firms likely to get Fed master accounts and banks lack power to block approvals, TD Cowen says

Banks are expected to object and potentially pursue litigation, but TD Cowen argues they lack the power to stop such approvals.

U.S. judge freezes BlockFills assets in dispute over 70 bitcoin with creditor Dominion Capital

U.S. judge freezes BlockFills assets in dispute over 70 bitcoin with creditor Dominion Capital

A New York federal court barred the crypto trading firm from moving bitcoin tied to Dominion Capital, citing suspended withdrawals and insolvency concerns.