Highlights: - Flying Tulip, a decentralized finance platform, has introduced a new circuit breaker to enhance withdrawal security. - The measure aims to address vulnerabilities highlighted by recent DeFi exploits, which resulted in significant financial losses. - The mechanism employs different strategies based on the product to manage abnormal outflows...
Year: 2026
CFTC Takes Legal Action Against New Yorks Push to Regulate Prediction Markets as Gambling!
Highlights The CFTC has filed a lawsuit against New York, asserting its exclusive authority over prediction markets. A coalition of 37 states supports Massachusetts in a key legal battle against prediction market provider Kalshi. States are increasing enforcement actions against prediction markets, framing them as violations of existing gambling laws....
How the Crypto-Aligned Fellowship PAC is Making Waves in the Texas Senate Race
Highlights:Fellowship PAC has spent over $3 million on advertising to support Texas Attorney General Ken Paxton.Involved in key Senate races, the PAC aims to bolster pro-crypto candidates heading into the 2026 midterms.Prediction markets are becoming a controversial space as candidates face penalties for insider trading. Introduction to Crypto Political Action...
Volo DeFi Platform Faces $3.5M Vault Heist: Recovery Initiatives Underway!
Highlights:Volo decentralized finance protocol reports a security breach, losing approximately $3.5 million in digital assets.The hack targeted specific vaults but the majority of assets remain safe, with plans for remediation in place.Volo has successfully frozen around $2 million of the stolen funds and is collaborating with ecosystem partners for recovery...
Bank of Korea Governor Advocates for CBDCs and Deposit Tokens in Pioneering Speech
Shin Hyun-song, the newly appointed Governor of the Bank of Korea, expresses support for central bank digital currencies (CBDCs) and tokenized deposits. The Bank of Korea is set to advance its pilot project โProject Hangang,โ focusing on a blockchain-based wholesale CBDC system. Geopolitical risks and their effects on the economy...
