BTCPay Backers Offer Bitcoin Bounty After Wallet Exploit

In briefBTCPay Server supporters offered 10% of recovered funds, capped at 3 BTC.Attackers stole Bitcoin using credentials taken from vulnerable LND servers.Users running affected software should update to version 2.4.2 immediately.  BTCPay Server supporters are offering 10% of any funds recovered, capped at 3 BTC currently worth around $190,000, if all the Bitcoin stolen in a recent exploit is returned.  In a post on X on Monday, BTCPay said the offer extends to anyone with information that could help recover the funds, including the attacker.  “We will examine our mistakes, but regret alone will not help affected users or secure the project,” the company wrote. “There is no time to waste. We have to learn, improve, and act quickly.”  BTCPay first warned users about the attacks on Friday, urging them to install a new version, 2.4.2, or take their servers offline. At the time, the project had not confirmed any thefts or explained how the exploit worked.  According to BTCPay, the flaw allowed attackers to obtain LND admin macaroons—credentials that grant broad control over a Lightning Network node—and use them to access connected wallets. The Lightning Network is a layer-2 payment network built on the Bitcoin blockchain that enables faster and cheaper transactions. Lightning Network

2 days agoIndustry

Cryptocurrency spot volume drops 21.7% to $429B as all 14 exchanges retreat

Crypto trading cooled off sharply last month. According to data compiled by WuBlockchain, cryptocurrency spot volumeacross major exchanges fell to roughly $429.0 billion in July 2026, a steep pullback from the previous month that touches every single platform tracked in the report. The numbers paint a picture of a market that went quiet almost everywhere at once, not just at one or two venues.  Key takeawaysTotal spot trading volume across 14 exchanges reached about $429.0 billionin July 2026.Volume dropped 21.7%from June 2026s $547.9 billion.All 14 exchanges in the sample recorded a month-over-month decline — none rose.Binancetopped the list with $196.5 billion, a 45.8% market share.Binance, OKX, and Bybit together controlled about 64.0% of total volume.  July 2026 Spot Trading Volume Overview  Spot trading activity across the tracked exchanges shrank noticeably in July, with the combined total landing near $429.0 billion — down from $547.9 billion in June. That‘s a drop of roughly 21.7% in a single month, one of the sharper contractions seen in recent exchange data. WuBlockchain’s compiled figures show this wasnt a case of a few laggards dragging down the average; the slowdown was broad-based.  Total Volume and Month-over-Month Decline  The 21.7% month-over-month decrease in cryptocurrency spot volumestands out because it wasnt isolated

3 days agoExchange

OpenAI Ships GPT-5.6-Cyber Through Gated Daybreak Red Access Tier

OpenAI has released GPT-5.6-Cyber, a cybersecurity-specific model that gives approved defenders tools for exploit development and vulnerability research.  The company positioned the launch around a shrinking window for defense. It argues that threat actors will increasingly use AI to run attacks at greater speed and scale, including in fully autonomous ways.  OpenAI Gives Trusted Defenders Frontier Cyber Tools  GPT-5.6-Cyber is built on GPT-5.6 Sol, OpenAIs standard model. Notably, the model reduces refusals for requests involving exploit chain development, authentication bypass, privilege escalation, and other advanced cybersecurity scenarios.  Sponsored  Sponsored  OpenAI says it completes 95% of these requests, compared with 1.5% for its general-purpose GPT-5.6 Sol model.  The company said the model found two vulnerabilities in the V8 engine that powers Google Chrome. It reported them to Google as CVE-2026-15903. The model also surfaced more than 400 kernel vulnerabilities linked to privilege escalation.  Meanwhile, OpenAI said its expanding Daybreak to two access tiers. Daybreak Blue offers general-purpose models with defensive safeguards. Daybreak Red provides access to purpose-trained cybersecurity models, including GPT-5.6-Cyber.  “Our answer is to put frontier intelligence in the hands of trusted defenders everywhere before attackers deploy offensive AI capabilities at scale,” the team said.  Follow us on X to get the latest news as it happens  Rogue AI Incidents Sharpen

3 days agoIndustry

Bitdeer Stock Craters 20% Following Wider Second-Quarter Net Loss

Bitdeer (BTDR) stock fell to its lowest level since March 31, after the crypto miner reported a wider second-quarter loss and revenue that missed Wall Street forecasts.  The Nasdaq-listed miner lost $0.37 per share, wider than the $0.32 expected by analysts. Revenue of $228.8 million also trailed the $231.16 million consensus.  Sponsored  Sponsored  Earnings Miss Overshadows Revenue Growth  Bitdeers net loss widened to $92.3 million from $62.9 million a year earlier. The company also swung to a gross loss of $8.5 million from a $12.0 million gross profit, according to its reported results.  The shortfall extended a difficult stretch that followed a $159.5 million deficit in the first quarter. Revenue still climbed 47% to $228.8 million from $155.6 million.  However, the cost of revenue outpaced that gain, rising to $237.3 million on electricity and depreciation charges.  Follow us on X to get the latest news as it happens  Mining Output and AI Push Continue  Operationally, the quarter told a stronger story. Self-mining revenue nearly tripled, from $59.3 million to $168.4 million. The gain came as Bitcoin (BTC) mined jumped to 2,694 from 565 a year earlier.  Adjusted EBITDA improved sharply to $31.1 million from $4.6 million over the same period. Bitdeer is also pushing deeper into artificial intelligence infrastructure.  Sponsored  Sponsored  AI Cloud revenue

3 days agoIndustry

ZachXBT Traces $5M Crypto Thefts to US-Based Support Impersonation Scammer

Onchain investigator ZachXBT named a US-based threat actor, Tiffany Milanovich, who is tied to at least $5 million in crypto theft through fake support calls.   According to his findings, Milanovich worked as a “caller,” phoning victims while posing as support staff and talking them into surrendering access to their funds. He said she recorded herself taunting victims after draining them.  Sponsored  Sponsored  How the Impersonation Scheme Worked  Milanovich worked as part of a group. As the caller, she impersonated the hardware wallet and centralized exchange support.  A separate actor using the aliases “bled” and “harm” supplied the phishing-panel infrastructure, according to the report.  In June 2026, a victim lost $1.2 million in Bitcoin (BTC) and Ethereum (ETH) after the group drained the victims Trezor wallet. The attack began with a spoofed BitcoinIRA email sent under the alias “Patricia Massie.” ZachXBT said the bulk of the stolen funds remain dormant onchain.  An earlier theft in October 2025 cost a victim $500,000 in Bitcoin after the group drained a Coinbase account. ZachXBT said Milanovich complained about her cut and posted a screenshot of the withdrawal herself.  Follow us on X to get the latest news as it happens  1Meet Tiffany Milanovich, a US based threat actor tied to at least $5M

3 days agoIndustry

South Korea drops Travel Rule threshold for crypto transfers

South Korea will expand its crypto Travel Rule to all transfers between registered virtual asset service providers (VASPs), removing the current 1 million won (about $700) threshold.  The countrys Cabinet approved amendments to the Enforcement Decree of the Act on Reporting and Using Specified Financial Transaction Information on Tuesday.  Under the changes, the Travel Rule will apply to all transfers between registered crypto service providers regardless of value. Receiving platforms will also be required to obtain sender and recipient information and may request missing information or reject transactions when required data is unavailable.  Removing the threshold is intended to prevent users from circumventing the rule by splitting transfers into smaller amounts, according to the Financial Intelligence Unit.  It cited one case in which a user bought Tether USDt (USDT) after depositing about 200 million won into a crypto exchange and then made 216 withdrawals, each worth less than 1 million won.  Related: South Korea plans stablecoin rules as opposition pushes crypto tax repeal  South Korea tightens rules for overseas exchanges, personal wallets  The amendments also introduce new Anti-Money Laundering (AML) requirements for transfers involving overseas crypto exchanges and personal wallets.  Registered local VASPs will be required to determine which transfers they allow based on the risk posed by

3 days agoIndustry

Decta taps USDC for international treasury settlements via OpenPayd

Payments platform Decta has integrated USDC into its internal treasury operations to settle company funds internationally through OpenPayd, without adding stablecoins to its customer-facing payment services.  SummaryDecta will use USDC to settle its own funds internationally through OpenPayds infrastructure.OpenPayd will convert Dectas company funds into USDC through its OTC services for operational settlements.The integration is limited to Dectas treasury operations and will not introduce stablecoins into customer-facing payment flows.Decta previously explored issuing a euro-pegged stablecoin under MiCA with France-based Next Generation.  Decta said Tuesday that company funds will be transferred into OpenPayd‘s regulated infrastructure, where they can be converted into Circle’s USDC through the financial infrastructure providers over-the-counter services before being used for international operational settlements.  The arrangement is limited to Decta‘s own money rather than funds handled for merchants or other clients, keeping the stablecoin component behind the company’s existing payments business.  Lux Thiagarajah, chief commercial officer at OpenPayd, told crypto media that the integration represents a proprietary treasury use case and does not introduce USDC into Dectas customer payment flows.  Using this setup, Decta can move its own funds between international entities, convert fiat into USDC when required and use the stablecoin for settlement through OpenPayds infrastructure. The company said the arrangement will

3 days agoIndustry

A $2 trillion asset class is getting a new blockchain rail

SummaryADI Chain and Shipfinex are partnering to tokenize commercial ships. No tokens have been issued yet.Shipfinex only holds a preliminary regulatory approval from Dubais VARA, not a full operating license.This isnt the categorys first – rivals Galactica and Ethra Ship already have live maritime tokenization deals  The worlds commercial ships (the vessels themselves, not the cargo they carry) are worth an estimated $2 trillion in total. Yet the market financing their purchase and construction remains closed and relationship-driven, dominated by a small circle of shipowners, banks and specialist lenders.  That structure shuts smaller operators and alternative investors out of a significant pool of capital.  Blockchain platform ADI Chain and Dubai-based maritime tokenization firm Shipfinex want to route that market, worth an estimated $680 billion in bank lending, leasing and export credit today, through blockchain technology to open it up to a wider pool of institutional capital.  “Maritime finance has the scale, real assets and commercial activity to become a major new real-world asset category,” Ramana Kumar, President of Stablecoin Ecosystem at ADI Foundation, said in the announcement shared with CoinDesk.  The deal signals that tokenization is expanding beyond financial instruments such as government bonds and money market funds into physical, capital-intensive infrastructure, like ships and

3 days agoIndustry

FlightAware sues Kalshi over alleged unauthorized data use for flight cancellation markets

Quick TakeFlightAware sued Kalshi on Monday, accusing the prediction markets platform of improperly using its data and name to “run gambling markets.”FlightAware is also seeking a temporary restraining order to bar Kalshi from offering markets involving the flight-tracking site.  Flight tracking site FlightAware has sued Kalshi, accusing the prediction markets platform of improperly using its data and name to “run gambling markets on flight cancellations.”  In a Monday filing, FlightAware alleged that Kalshi operates prediction markets relying on its data while presenting the company as a close partner, which FlightAware said has jeopardized its reputation.  Last month, Kalshi launched markets allowing users to bet on flight cancellations, according to the filing. Specifically, Kalshi stated that the outcomes of those bets are “verified from FlightAware.”  “Kalshi never informed FlightAware that it would rely on FlightAwares data to determine the outcome of these betting markets,” FlightAware said in the complaint.  Safety concerns  FlightAware also raised safety concerns. While Kalshi notes that the contracts exclude payouts for events involving malicious and security-related disruptions, FlightAware said the markets “can strand travelers, disrupt airline operations, and threaten safety.”  “There was widespread outrage and concern that the markets would incentivize unsafe tactics to impact cancellations, threatening public safety and creating the potential for

3 days agoIndustry

Zama brings its blockchain-privacy token to Revolut's 70 million users

Quick TakeZama listed its native token ZAMA on Revolut across the EEA on Monday, opening trading to the fintechs more than 70 million customers.The confidentiality protocol, which uses fully homomorphic encryption to keep balances and transactions private on public chains, called the move its bid to take onchain privacy mainstream.  Zama has listed its native token (ZAMA) for trading on Revolut across the European Economic Area on Monday, putting the blockchain-privacy project in front of the fintechs customer base.  The listing opens ZAMA to Revoluts more than 70 million customers, including the 15 million-plus who already trade crypto on the platform, the company said in a statement.  Existing Revolut users can buy and hold the token without opening a new account or completing additional identity checks, with trading fees starting at 0 in the main app. Revolut, which bills itself as the only banking app in the EEA offering onchain crypto transfers, will also let users withdraw ZAMA to a self-custody wallet.  Zama builds confidentiality tools using fully homomorphic encryption, a technique that lets balances, transactions and positions stay encrypted on public blockchains such as Ethereum without routing them through a separate privacy chain.  The company casts the approach as blockchains “HTTPS moment,” the point

3 days agoIndustry
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