$20M BonkDAO Exploit Exposes Fatal Flaw in Memecoin Governance Security
A $20M governance exploit on BonkDAO has prompted Mercuryo executives to call for a fundamental rethink of security practices across the crypto industry.…
Long-form coverage of cards, IBANs, payment rails, regulation and the technology that moves money — in seven languages, written by working operators.
A $20M governance exploit on BonkDAO has prompted Mercuryo executives to call for a fundamental rethink of security practices across the crypto industry.…
Klarna has formally filed applications with Utah regulators and the FDIC to establish a US banking subsidiary, marking a pivotal expansion of its American financial ambitions.…
Cardano wallet firm SecondFi is closing its doors following a wallet exploit, shifting its sole focus to returning assets to affected users.…
Eight MiCA-compliant euro stablecoins reached a combined market cap of $673.9 million, surging 128% in the year before Europe's CASP transition deadline.…
The SEC dismissed its enforcement case against ConsenSys over MetaMask with no fine and no finding of wrongdoing, setting a landmark precedent for DeFi wallet regulation.…
Coinbase secures FCA authorization to offer equities and derivatives alongside crypto in the UK, advancing its "everything exchange" strategy.…
The Bank of England is scrutinizing the growing use of unfunded significant risk transfers by UK banks, raising the prospect of tighter capital rules.…
The European Parliament has adopted a digital assets policy report calling for deeper assessment of DeFi, staking, crypto lending and NFTs as MiCA's transition era concludes.…
The UK's Payment Systems Regulator confirms its mandatory authorised push payment fraud reimbursement rules are generating strong positive outcomes for consumers and the payments industry.…
Revolut filed for a US national bank charter with the OCC and FDIC in March 2026, betting it can succeed where European fintechs have repeatedly failed.…
Eight MiCA-compliant euro stablecoins nearly tripled in market cap to $673.9M in the year before Europe's CASP transition deadline, per Decta.…
Ctrl Wallet is shutting down permanently on August 3, 2026, weeks after a June 23 security exploit left the platform unable to continue operations.…