Author: Kryptonews

The TRU price fell to $0.0000000029 from $0.16 after the protocol reported a security incident and crypto sleuths tracked stolen Ether.The Truebit protocol reported a security incident “involving one or more malicious actors” with a smart-contract address suggesting the loss of $26 million worth of Ether.In a Thursday X post, Truebit said it was in contact with law enforcement and “taking all available measures” following the security incident. Crypto sleuths monitoring the protocol reported that the exploit had resulted in the removal of 8,535 Ether (ETH), worth about $26.6 million at the time of publication. Source: TruebitThe affected smart contract…

US President Donald Trump reportedly will not grant a pardon to Sam “SBF” Bankman-Fried, who is serving a 25-year sentence for his role in the collapse of cryptocurrency exchange FTX.According to a Thursday interview with Trump by The New York Times, the president said he had no intention of pardoning Bankman-Fried and others, including music producer Sean Combs and former New Jersey Senator Robert Menendez. Bankman-Fried has been behind bars since August 2023 when a federal judge revoked his bail before his criminal trial. In the same interview, Trump pushed back against questions regarding potential conflicts of interest with the cryptocurrency…

Nexo has launched a zero-interest crypto lending product that allows Bitcoin and Ether holders to borrow against their assets through fixed-term loans.According to a company announcement, the product, called Zero-interest Credit, offers fixed-term loans for users who hold Bitcoin (BTC) and ETH (ETH), with repayment conditions set in advance. Loans are settled at maturity and can be repaid using either stablecoins or collateral, depending on market conditions.The offering expands a structured lending model that had previously been available only through Nexo’s private and OTC channels, where it facilitated more than $140 million in borrowing during 2025, according to the company.Borrowers choose…

The Commodity Futures Trading Commission (CFTC), a US financial regulator, issued a no-action letter to crypto derivatives exchange Bitnomial on Thursday, clearing the way for the exchange to offer event contracts and prediction markets.The CFTC letter alleviates Bitnomial from the strict reporting requirements for asset swaps under current US rules, a hurdle that is impractical for fast-moving platforms like prediction markets, where tens of thousands of these swaps may occur in a day. Bitnomial must still provide transparent consumer-facing data on its website, including timestamps and sales data for contract markets, and provide relevant data to the CFTC when requested, according…

Scientists extracted DNA from a possible Leonardo da Vinci drawing that may provide genetic links to one of the most storied humans to walk the Earth. In a not-yet-peer-reviewed paper posted Tuesday in a preprint database, researchers from the Leonardo da Vinci DNA Project (LDVP) suggested that there may be connections between a chalk sketch titled Holy Child and materials thought to contain traces of members of the artist’s extended family. As reported in Science, “The preprint concludes that Y chromosome sequences from the artwork and from a letter penned by a cousin of Leonardo both belong to a genetic…

The divide within the Zcash ecosystem increased this week as the nonprofit organization that manages the Electric Coin Company, Bootstrap, openly resolved the governance conflict that already shook markets and sent ZEC plummeting. The conflict has been fought in boardrooms, developer teams, and token charts, revealing long-term tensions around nonprofit limitations, control, and the way projects that focus on privacy ought to be funded by crypto.Bootstrap Says Nonprofit Law Drove Zashi FalloutIn a statement shared Thursday by Bootstrap board member Zaki Manian, the nonprofit said the fallout stemmed from its legal and fiduciary duties as a U.S. 501(c)(3) organization, not…

Bitcoin’s start of year (BTC) rally ran into stiff resistance near $93,000, triggering a pullback that has shifted the market’s focus back to key support levels. While the higher-time-frame (HTF) structure still looks fragile, the lower time-frame (LTF) signal suggests bulls may yet have room to regain control if critical levels hold.Key takeaways:Bitcoin rejected at $93,000 for the third time, slipping back toward weekly lows near $89,250.Rising open interest during the dip suggests shorts are building positions near $90,000.Strong passive bids around $90,000 could act as a springboard, or fail and open the door to the $86,000 to $87,000 range.Bitcoin…

What is a wallet address? It is a unique identifier made of letters and numbers that helps you receive and send crypto on a blockchain. Its structure varies across cryptocurrencies as every network follows a unique wallet address format. In this guide, we’ll delve deeper into crypto wallet addresses and their types. We’ll also provide a step-by-step guide on how to get a wallet address and safety tips to manage funds efficiently.What Is a Crypto Wallet Address?A cryptocurrency wallet address is a unique string of alphanumeric characters. Many addresses, especially those on Ethereum and EVM chains, are hexadecimal, meaning they consist of…

Morgan Stanley has plans to launch a digital asset wallet in 2026 as the financial services giant continues expanding its crypto investment product offerings to clients. The wallet is built to support cryptocurrencies and real-world tokenized assets (RWAs), including stocks, bonds and real estate, with plans to support more assets over time, according to Barron’s. In September, the company announced that it would allow users of the E*Trade brokerage platform, which it owns, to trade cryptocurrencies including Bitcoin (BTC), Solana (SOL) and Ether (ETH) in 2026. The total value of tokenized real-world assets is broken down by asset class. Source: RWA.XYZCointelegraph reached…

Key takeawaysKorea’s crypto bill is stalled over stablecoin issuer rules.The central bank wants banks to remain in control, often framed as a “51%” threshold.Regulators and lawmakers fear a bank-only model would limit competition.Firms are lining up, with Toss planning a won-backed stablecoin once rules are finalized.South Korea’s next major crypto law is being held up by a seemingly simple question: Who gets to issue a won-backed stablecoin?The proposed Digital Asset Basic Act has slowed as regulators clash over whether stablecoins should be treated as bank-like money or as a licensed digital-asset product.At the center is the Bank of Korea’s push…