Crypto & Web3

Crypto Casino Duelbits Taken Offline After $7M Hot Wallet Breach

Crypto gambling platform Duelbits has gone offline following a cyberattack that drained its hot wallets of approximately $7 million. The attackers targeted wallets across four separate blockchain networks in the breach. Around $6 million of the stolen funds have since been consolidated into a single Ethereum address. The incident highlights ongoing security vulnerabilities facing crypto-based gaming platforms.

Bitcoin Bear Markets Growing Milder as Institutions and ETFs Reshape Cycles

Bitcoin's most recent bear market was notably less severe compared to previous downturns in its history. The growing presence of institutional investors and the introduction of Bitcoin ETFs are credited with tempering the depth of the decline. These developments point to a maturing market that is gradually stabilizing Bitcoin's notorious boom-and-bust cycles. Analysts suggest that if bear markets are softening, future bull markets may also follow a similarly reshaped pattern.

UK Banks Complete World's First Interbank Transactions Using Tokenized Deposits

Barclays, NatWest, HSBC, and other major UK banks have successfully completed what is being described as the world's first interbank transactions using tokenized deposits. The trials involved real-world use cases, including remortgage processing and a marketplace payment test. Unlike earlier experiments confined to a single institution, these transactions moved bank-issued digital cash across multiple financial entities. The milestone marks a significant step forward in the practical application of tokenized money within traditional banking infrastructure.

Crypto for Advisors:The hidden costs of holding your own bitcoin

Qivalis CEO Says Stablecoins Set to Reshape Global Trade Finance

Jan-Oliver Sell, CEO and founder of European stablecoin issuer Qivalis, has stated that stablecoins are poised to transform the global trade finance industry. According to Sell, the entire trade finance supply chain is in the process of shifting toward stablecoin-based systems. Qivalis operates as a stablecoin issuer based in Europe, positioning itself at the forefront of this anticipated transition. The comments reflect a broader industry trend of financial institutions exploring blockchain-based alternatives to traditional trade finance mechanisms.

ARK Invest Partners with Securitize to Tokenize Venture Fund Holding AI Stakes

Cathie Wood's ARK Invest has partnered with tokenization platform Securitize to bring its ARK Venture Fund onchain. The fund holds stakes in high-profile private tech companies, including AI firms OpenAI and Anthropic. Tokenization will initially launch on the Ethereum blockchain, with potential expansion to other chains in the future. The move aims to provide broader investor access to exposure in sought-after private technology companies through blockchain technology.

Solana Foundation Hires Binance and Polygon Veterans to Drive Institutional Growth

The Solana Foundation has brought on two industry veterans, Rachel Conlan and Jamal Raees, as part of a strategic expansion effort. Both newcomers previously held roles at major crypto firms Binance and Polygon respectively. The hires signal Solana's growing focus on attracting institutional players to its blockchain. The foundation is specifically targeting institutions looking to move payments and real-world assets onchain as part of a broader tokenized finance push.

RockawayX Launches $150M Initiative to Bring Real-World Yields Into DeFi

Digital asset investment firm RockawayX has announced a $150 million initiative focused on real-world yield integration within decentralized finance. The $2 billion firm aims to back, build, and provide liquidity to projects that bring traditional yields into the DeFi ecosystem. RockawayX is positioning yield generation as the next major use case for crypto and blockchain technology. The initiative reflects growing institutional interest in bridging conventional financial returns with decentralized protocols.

EU Financial Regulator to Prioritize AI and Tokenization Oversight by 2027

The European Union's financial regulator has announced plans to make artificial intelligence and tokenization key supervisory priorities by 2027. Regulators intend to map how financial firms are deploying these technologies in products that directly serve clients. Following this assessment, checks and reviews will be conducted on the businesses most significantly affected by these technologies. The move reflects growing regulatory concern over the rapid adoption of emerging technologies across the financial sector.

Brooklyn Man Gets 12-Year Prison Sentence for $16M Coinbase Phishing Fraud

A Brooklyn man has been sentenced to 12 years in prison for orchestrating a large-scale phishing scheme targeting Coinbase users. The fraudster defrauded approximately 100 victims across the United States, stealing a total of $16 million. He deceived victims by falsely claiming their accounts had been compromised, prompting them to transfer funds directly to him. The scheme highlights growing risks of social engineering attacks targeting cryptocurrency platform users.

Litecoin token has its moment as network activity booms

Your day-ahead look for Sept. 24, 2026

Bitcoin Slides as Rising U.S. Bond Yields Pressure Risk Markets

Bitcoin continued to fall on Thursday amid broader pressure on risk assets. The decline followed a sharp surge in U.S. bond yields the previous day, which rattled financial markets. Bond yields were little changed in early Thursday trading after Wednesday's notable climb. Rising yields tend to make riskier assets like cryptocurrencies less attractive to investors.

Bitcoin drops to $83,300 as 10-year Treasury yields reach 17-year high

Bitcoin fell to $83,300 as rising U.S. bond yields weighed on risk assets across markets. The 10-year Treasury yield climbed to its highest level since 2007, a threshold not seen in roughly 17 years. The surge in yields dragged down both U.S. stocks and cryptocurrencies in tandem. However, buyers from Asian and European markets subsequently stepped in to purchase the dip, providing some relief to battered assets.

Markets Price In Four Fed Rate Hikes by Mid-2027 as Bitcoin Dips Below $83K

Traders are now pricing in four Federal Reserve interest rate hikes by June 2027, making it the most anticipated monetary policy path. This shift in expectations has coincided with bitcoin sliding below the $83,000 mark. Rising bond yields and a strengthening U.S. dollar are adding pressure on risk and alternative assets alike. Both bitcoin and gold are feeling the weight of these macroeconomic headwinds.

Bitcoin Shows No Long-Term Sensitivity to Rising Bond Yields, Data Shows

Historical data indicates that Bitcoin's price performance remains largely unaffected by rising bond yields over the long term. The analysis, reported by CoinDesk, suggests that macro fixed-income trends do not meaningfully dictate BTC's trajectory across extended periods. However, the relationship shifts in the short term, where sharp spikes in bond market volatility can suppress risk appetite among crypto investors. Such volatility may temporarily curb speculative enthusiasm, often referred to as 'animal spirits,' within the broader cryptocurrency market.

EU Financial Regulators Flag Quantum Computing as Urgent Threat to Blockchain Security

European Union financial watchdogs have issued a warning that quantum computing poses an imminent threat to blockchain encryption. The alert has reignited debate around how the cryptocurrency industry, particularly Bitcoin, should address vulnerabilities in its infrastructure. A key concern involves legacy wallet addresses whose public keys are already visible on the blockchain, making them potentially susceptible to quantum-based attacks. Regulators are pressing for proactive measures to safeguard digital asset networks before quantum technology advances further.

Trump Administration Considers Global Push for USD-Backed Stablecoins

The Trump administration is reportedly evaluating a strategy to actively promote US dollar-backed stablecoins on a global scale. The plan aims to reinforce the dollar's standing as the world's dominant reserve currency. By encouraging the adoption of USD-pegged digital assets internationally, Washington hopes to extend American financial influence. The proposal reflects a broader shift in the administration's approach toward embracing cryptocurrency as a tool of economic policy.

AI coding slashes quantum-safe Bitcoin transaction cost estimate from $320 to $66

Blockchain research firm StarkWare conducted a study examining the cost of quantum-safe Bitcoin transactions. Contest participants who used AI coding tools managed to make the underlying computation approximately five times faster than previous estimates. This efficiency gain brought the projected transaction cost down from $320 to $66. However, the $66 figure remains theoretical, as it has not yet been validated through an actual transaction mined on the Bitcoin network.

Bitcoin Slides Below $84,000 as US Treasury Yields Reach 17-Year High

Bitcoin fell below $84,000 while Dogecoin dropped around 8%, leading losses across the cryptocurrency market. The decline came as US Treasury yields climbed to their highest levels since 2007, raising borrowing costs broadly. A rebound in oil prices and a stronger-than-expected US business activity survey for five years contributed to the yield surge. A poorly received five-year Treasury note auction further pressured markets by signaling weak investor demand for government debt.

Kalshi denies CFTC investigation over unusual ether perpetual trading patterns

Prediction market platform Kalshi has stated that it is not under investigation by the Commodity Futures Trading Commission (CFTC). The company was responding to questions about unusual trading activity observed in its ether perpetual market. Kalshi attributed the irregular patterns to liquidity incentive programs rather than any improper conduct. The clarification comes amid broader regulatory scrutiny of prediction markets in the United States.