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Echo Protocol On Monad Exploited For $76M in eBTC
A hacker minted 1,000 eBTC worth $76.64M on Monad by exploiting Echo Protocol's bridge, then used Curvance, bridged funds to Ethereum, and laundered proceeds through Tornado Cash.
Minnesota cleared its banks and credit unions to hold crypto
Minnesota Governor Tim Walz signed HF 3709 into law, allowing state-chartered banks and credit unions to offer crypto custody services from August 1, while a separate law bans crypto ATMs statewide over senior scam concerns.
THORChain says it understands the attack, ships a fix tomorrow
THORChain issues its third incident update after a roughly $10M exploit, confirming a patch for node operators and putting fund recovery to a community governance vote while the network stays partially paused.
Zero Hash gets a Dutch EMI license, a first under the EBA's stablecoin rules
Zero Hash has become the first MiCA-licensed firm to secure an Electronic Money Institution license from De Nederlandsche Bank under the EBA's June 2025 stablecoin guidance, clearing the way for compliant stablecoin payment flows across the European Economic Area.
Korea's biggest bank just ran a won stablecoin end-to-end
KB Financial Group, parent of KB Kookmin Bank, completed a full-lifecycle proof of concept for a won-denominated stablecoin, covering offline payments, merchant settlement, and a cross-border remittance to Vietnam via KaiaChain in under three minutes.
Over $270M in Bitcoin moved off Coinbase Institutional today
Whale Alert tracked more than 3,560 BTC, worth over $270 million, leaving Coinbase Institutional in a matter of hours on Monday, with net flows pointing off the exchange.
You might soon pay for petrol with USDT in El Salvador
Trafigura is in early talks with Tether to pilot USDT payments at Puma Energy fuel stations in El Salvador, in what would be the first stablecoin deal between a major commodity trader and a stablecoin issuer.
Galaxy lands a New York BitLicense for institutional clients
Galaxy Digital's GalaxyOne Prime NY subsidiary receives a BitLicense and Money Transmitter License from NYDFS, opening regulated crypto trading and custody to New York institutions including hedge funds, RIAs, and family offices.
North America's biggest Bitcoin ATM network just went dark
Bitcoin Depot (NASDAQ: BTM) filed for Chapter 11 bankruptcy on May 18, 2026, shutting down all 9,276 kiosks after a 49.2% revenue collapse and mounting regulatory and legal pressure across multiple US states.
Adam Back keeps stacking Europe's first Bitcoin treasury
Capital B, the Euronext Paris-listed Bitcoin treasury firm formerly known as The Blockchain Group, has added 192 BTC for €13 million, bringing its total holdings to 3,135 BTC, with Blockstream CEO Adam Back deepening his personal stake.
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