Coinbase Points to Multi-Zone AWS Failures Behind Outage

In recent developments, coinbase said AWS failures disrupted core trading services after errors spread across multiple zones. The company traced the outage to use1-az4 in AWS’s US-EAST-1 Region. Coinbase Points…

How AI became crypto’s favorite reason to cut staff

In recent developments, coinbase, Block and Crypto.com have all cited AI to justify recent cuts, though Scale AI’s Jason Droege suspects companies are using the technology as cover. Looking closer,…

Australian police seize $4.1M in Bitcoin tied to darknet market

In recent developments, nSW Police said the Bitcoin was allegedly linked to illegal darknet marketplace activity involving drugs and weapons. The development has drawn attention from traders and analysts who…

Europe sees ‘hyperconcentration’ of crypto wrench attacks as losses hit $…

In recent developments, criminal teams behind wrench attacks usually consist of three to five people, often posing as delivery drivers or luring victims into ambushes, said CertiK. Looking closer, market…

Kelp DAO exploit prompts DeFi protocols to rethink oracle providers

In recent developments, solv Protocol and other DeFi projects are migrating to Chainlink infrastructure after the $293 million exploit exposed risks in third-party bridge and oracle setups. Looking closer, market…

Iowa Signs Crypto ATM Licensing and Oversight Bill Into Law

In recent developments, iowa now requires crypto ATM operators to obtain money transmission licenses and comply with expanded state reporting and oversight requirements. The law also broadens enforcement authority, including…

Mantle tokenholders approve 30K ETH Aave credit facility after rsETH exploit

In recent developments, the credit facility would help Aave address bad debt created after the April rsETH exploit strained its WETH market. The development has drawn attention from traders and…

Four signs that show Ethereum’s rally is exhausted at $2.4K

In recent developments, several Ethereum metrics suggest the ETH price could see further downside due to reduced demand and weakening network fundamentals. Looking closer, market participants highlight key drivers such…

Revolut users report Bitcoin price glitch showing BTC at 2 cents

In recent developments, the apparent pricing error was not reflected across broader crypto markets, suggesting a platform-specific data or display issue. Looking closer, market participants highlight key drivers such as…

Stablecoins won’t strengthen global role of euro, ECB’s Lagarde says

In recent developments, eCB President Christine Lagarde said Europe should build tokenized settlement infrastructure anchored by central bank money rather than rely on private stablecoins. Looking closer, market participants highlight…