Bridged DOT on Ethereum Exploited After 1 Billion Tokens Minted
An exploit allowed an attacker to mint and dump 1 billion bridged DOT tokens on Ethereum. The incident did not affect Polkadot’s native relay chain.
An exploit allowed an attacker to mint and dump 1 billion bridged DOT tokens on Ethereum. The incident did not affect Polkadot’s native relay chain.
Stablecoins moved $33 trillion in 2025, approaching card network scale. Circle and Paxos infrastructure now underpins settlement for Visa, Mastercard, Stripe, and PayPal.
World Liberty Financial has challenged Justin Sun to court over allegations of an undisclosed token freeze function. The dispute comes as WLFI tokens trade near record lows.
Kenya has completed public consultations on its draft VASP Regulations, 2026. The framework will introduce licensing, AML, and consumer protection rules for crypto firms.
World Liberty repaid $25 million of its Dolomite loan after criticism over using WLFI as collateral. The token fell to an all-time low during the controversy.
Iran is demanding cryptocurrency payments from tankers transiting the Strait of Hormuz. Chainalysis indicates stablecoins are more likely than Bitcoin to be used.
Japan has approved an amendment to classify crypto assets as financial products under the FIEA. The bill introduces insider trading bans and stricter penalties for unlicensed operators.
MiCA licensing and compliance costs of up to €500,000 are challenging smaller crypto firms, particularly in Germany with a shortened transition period. Large exchanges have secured EU-wide licenses.
The US Treasury has proposed new AML and sanctions rules for stablecoin issuers under the GENIUS Act. Issuers would be treated as financial institutions and required to block or freeze flagged transactions.
The US Treasury now offers eligible digital asset firms free access to federal cyber threat intelligence. The move follows $3.4 billion in crypto losses in 2025.