Crypto News

The Unleash Protocol hack led to a $3.9 million loss in Ethereum-based assets after a multisig governance breach on Story Protocol. An attacker exploited administrative controls to withdraw USDC, WETH, stIP, and vIP, then laundered funds through 34 transfers to Tornado Cash. The protocol paused operations and launched an investigation. Unleash Protocol hack: $3.9M stolen […]

L&F Co.’s $2.9 billion battery supply deal with Tesla for Cybertruck production has collapsed to just $7,386, a 99% value drop due to production delays and weak demand. This slashed chairman Hur Jae-hong’s holdings by over $660 million, per Bloomberg Billionaires Index. Tesla Cybertruck delays and poor sales killed the high-nickel cathode order. L&F shares […]

The Crypto Fear and Greed Index registered 30 on December 26, 2025, firmly in the fear zone, as Bitcoin consolidated between $86,000 and $90,000. Total market capitalization held at $2.96 trillion with $102.94 billion in daily volume, indicating caution amid thinning liquidity and persistent uncertainty. Crypto Fear and Greed Index at 30 signals fear, down […]

Earnings in the materials sector are projected to increase by approximately 20% in 2026, marking the strongest performance in five years and trailing only the technology sector. This growth stems from trade protections, rising steel prices, and heightened demand for packaging amid consumer discounts. Materials sector earnings forecast to rise 20% in 2026, second-best among […]

SoftBank has completed its $40 billion investment in OpenAI with a final payment of approximately $22 billion, securing more than 10% ownership in the leading AI company. This milestone investment, originally structured since early 2024, underscores growing confidence in AI infrastructure expansion. Final payment tranche totals around $22-22.5 billion, transferred last week to finalize the […]

China requires chipmakers to use at least 50% domestically produced equipment for new factory approvals. This unwritten policy, enforced via procurement reviews, mandates detailed origin lists in tenders. Approvals halt below the threshold, aiming for eventual 100% localization to bolster self-reliance. 50% domestic equipment threshold for state approval on chip plant expansions. Procurement tenders must […]

Real-world assets (RWAs) in DeFi have exploded in 2025, surging from outside the top ten to the fifth-largest category with over $17 billion in TVL, surpassing DEXs. Ethereum dominates with more than $12 billion, driven by gold-backed tokens and institutional-grade protocols offering redeemability and liquidity. RWAs hold $17B+ TVL, ranking fifth in DeFi per DeFiLlama […]

Lighter withdrawal issues stem from a lag between its Prover and Sequencer, causing Layer-2 withdrawal queues to overload with the “Too many L2 Withdrawals” error. On-chain data shows the last block finalized nine hours ago, slowing processing amid LIT token launch excitement. Error message “Too many L2 Withdrawals” hits users attempting to exit positions. Processing […]

South Korea’s Financial Services Commission is imposing crypto exchange ownership restrictions under the Digital Asset Framework Act, capping individual voting shares at 15-20% for major platforms serving over 11 million users. Exchanges like Upbit, Bithumb, Coinone, and Korbit are classified as core infrastructure, forcing owners above the limit to sell excess shares and reduce concentrated […]