How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet
Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself.
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Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself.
The proposed acquisition would use cash flow from precious metals sales to build bitcoin holdings.
Founder and CEO Haipo Yang cited mounting security and compliance risks and said he rejected a sale in favor of a “clean ending.”
The failure essentially ends market structure legislative work in the Senate for 2026 and is a major blow to the crypto industry, which has invested years and hundreds of millions of dollars trying to support its interests.
Batch V1.1 would let users bundle up to eight linked transactions into one operation, with 27 of 35 trusted validators now backing the change.
Prosecutors have filed a civil forfeiture complaint against what they call Iran's illegal crypto proceeds that are used to fund its military.
Transaction V1 raises Solana’s limit to 4,096 bytes from 1,232, giving developers more room for multi-step trades, company-wallet approvals and privacy proofs.
Democratic Senators were said to be meeting late Monday to discuss the latest proposed draft text.
The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry's clamored for policies.
Bitcoin pulls back from $79,000 as the Senate prepares to vote on the Clarity Act and oil prices rise.
The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into digital assets that failure may slow adoption rather than stop it.
The SEC chair said crypto issuance, transfer agent modernization and custody will form the backbone of the agency’s regulatory push.