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Step Finance shuts down following $40 million security breach

Step Finance shuts down following $40 million security breach

Step Finance is shutting down after a $40 million treasury breach last month and plans a STEP token buyback and Remora redemption.

Bitcoin tests $63,000 in ‘extreme fear’; full-blown capitulation yet to come: analysts

Bitcoin tests $63,000 in ‘extreme fear’; full-blown capitulation yet to come: analysts

The tumbling crypto market still largely reflects a leverage flush-out rather than a full-blown capitulation, one analyst noted.

Canaan buys 49% stake in three Texas mining sites for $40M

Canaan buys 49% stake in three Texas mining sites for $40M

Canaan acquires a stake in three operating Texas mining facilities with 120 MW of power and 4.4 EH/s hashrate as it expands beyond hardware into infrastructure operations.

Bitcoin's price discovery is moving to Chicago

Bitcoin's price discovery is moving to Chicago

CME’s shift to nonstop derivatives access may accelerate institutional migration away from traditional crypto exchanges, according to the Chief Commercial Officer of XBTO.

Polymarket bettors put $3 million on which crypto firm ZachXBT will expose next

Polymarket bettors put $3 million on which crypto firm ZachXBT will expose next

Solana app Meteora leads the odds at 43% after the blockchain investigator teased a "major" insider-trading probe set for release on Wednesday.

Binance denies firing investigators over reported $1.7 billion crypto flows to Iran

Binance denies firing investigators over reported $1.7 billion crypto flows to Iran

Reports claim that internal investigators discovered that a substantial amount of crypto flowed into Iran through Binance accounts.

Crypto VC Framework Ventures to help Better with $500M DeFi play

Crypto VC Framework Ventures to help Better with $500M DeFi play

Framework reportedly struck a $45 million deal to buy 10% of Better and will help it launch a token on the crypto protocol Sky.

Cybersecurity stocks tank after Anthropic unveils Claude Code Security

Cybersecurity stocks tank after Anthropic unveils Claude Code Security

Anthropic’s Claude Code Security sent shockwaves through cybersecurity markets, with CrowdStrike and Palo Alto Networks among the hardest hit.

TRM Labs, Finray Technologies partner for crypto and fiat monitoring

TRM Labs, Finray Technologies partner for crypto and fiat monitoring

The system provides real-time risk alerts for suspicious crypto transactions across multiple blockchains within the same workflow as fiat-payment monitoring.

Jane Street faces claims of insider trading that sped up Terraform's 2022 collapse

Jane Street faces claims of insider trading that sped up Terraform's 2022 collapse

Jane Street has denied the allegations as a "desperate" and "baseless" attempt to extract money.

Fed Moves to Permanently Drop ‘Reputational Risk’ From Bank Supervision

Fed Moves to Permanently Drop ‘Reputational Risk’ From Bank Supervision

Supporters say clearer rules are needed to replace informal supervisory pressure, as lawmakers and industry push Congress to settle crypto banking access.

ETH, SOL, XRP extend losses as AI scare trade unsettles risk markets

ETH, SOL, XRP extend losses as AI scare trade unsettles risk markets

Analysts warn that bitcoin's prolonged failure to break above its current range is tilting the technical outlook toward the bears.