Coin Network News

Duelbits is investigating a $7 million hot-wallet breach after stolen assets were moved across four blockchains and converted largely into Ether.

The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains.

Bitcoin Magazine Brooklyn Man Sentenced to 12 Years for $16M Coinbase Phishing Scam Ronald Spektor, 23, who lived with his father, used social engineering to steal funds from Coinbase customers. This post Brooklyn Man Sentenced to 12 Years for $16M Coinbase Phishing Scam first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an illegal gambling operation.

The exchange also expanded its USDC partnership with Circle, agreeing to promote USDC on its platform under a five-year arrangement.

The Shielded Bitcoin spec hides senders, receivers and amounts, but leaves how BTC enters and exits the system to a later paper.

Evercrest says LayerZero approved the single-verifier configuration in writing multiple times, then warned a different developer about it.

Duelbits is investigating a $7 million hot-wallet breach after stolen assets were moved across four blockchains and converted largely into Ether.

The GENIUS Act established reserve requirements that could link wider stablecoin circulation to demand for dollars and short-term Treasuries.

The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains.