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Attacker hijacks Tornado Cash governance via malicious proposal

The total control over Tornado Cash governance allows the attacker to withdraw all of the locked votes, drain all of the tokens in the governance contract and brick the router.

Hyperbitcoinization is underway, RFK seeks Bitcoin donations and other news: Hodler’s Digest, May 14-20

Hyperbitcoinization is on the horizon, Bitcoin gets a seat on U.S. presidential candidates agendas and Voyager’s fund recovery plan approved.

Bitcoin Ordinals' total mintage fees increase 700% from April: Report

The total number of Bitcoin Ordinals has surpassed 8 million since its inception in January.

Monero community lashes out against ‘Mordinals’ amid privacy concerns

It’s always been possible to store arbitrary data alongside blockchain transactions, but NFTs on Monero introduce a slew of new concerns.

Bankrupt crypto hedge fund 3AC’s NFT auction fetches $2.5M

Three Arrows Capital is currently undergoing bankruptcy proceedings and owes an estimated $3.5 billion to creditors.

$3M worth of customer funds swiped via alleged Swaprum DEX rug pull

Promptly after the funds went missing, Swaprum’s Twitter, Telegram and Github accounts were all deleted, however its website is still up.

BitDAO passes BIP-21 token optimization and branding proposal

A proposal to unify branding between the Mantle network and BitDAO passed with overwhelming support.

US Justice Department on the hunt for DeFi hackers and thieves: Finance Redefined

The total value locked in DeFi protocols fell below $50 billion after nearly a month of bullish price action.

Ripple and SEC seek extension for unsealing Hinman documents

According to court documents shared by James Filan, the Hinman materials will likely be unsealed by June 13.

Bitcoin cleans up the environment and helps catch criminals: US Senator Cynthia Lummis

U.S. Senator Cynthia Lummis joined Chamber of Digital Commerce CEO Perianne Boring on stage at Bitcoin Miami 2023 for a lengthy discussion on regulation.

Breaking: Robert F. Kennedy Jr. to accept campaign donations in Bitcoin

It is the first political campaign in U.S. history to accept Bitcoin donations.

Jack Dorsey's TBD announces new Web5 toolkit

The Web5 toolkit aspires to put the control of data and identity into the hands of users

MIAX completes acquisition of FTX subsidiary LedgerX

The deal was announced in April and approved by the bankruptcy judge on May 4.

Web3 zombie apocalypse is here: Last Remains joins Cointelegraph Accelerator

Backed by industry heavyweights; this new blockchain game aims to get a foothold in the competitive arena.

Australian stock exchange officially abandons blockchain plans: Report

ASX abandons blockchain rebuild to explore conventional options to achieve the desired business outcomes as it sends RFP to potential software vendors.

Ripple, Visa join HK CBDC pilot, Huobi accusations, GameFi token up 300%: Asia Express

Mastercard and Visa join Hong Kong’s CBDC pilot, new instalment in Justin Sun’s Huobi soap opera, and a GameFi token pumps on no news.

Bitcoin defense lawyer says Craig Wright lawsuit could harm open source software

The Bitcoin Defense Legal Fund’s chief legal officer spoke out against an “extraordinarily dangerous” lawsuit initiated by Craig Wright, a person who claims to be Bitcoin creator Satoshi Nakamoto.

Coinbase launches zero trading fee subscription service

Coinbase’s new subscription service, “Coinbase One," is expected to roll out across 35 countries in the near future.

US House stablecoin hearing focuses on competing bills for regulation

The answer to the question of what level stablecoin issuers are regulated on “need not be binary,” one witness said.

Blockchain developers launch $50M fund to increase Wormhole adoption

Wormhole is a cross-chain messaging protocol often used to transfer assets from one blockchain to another.

Former CFO indicted for diverting $35M to cryptocurrency venture

In the event of a conviction for wire fraud, Nevin Shetty could face up to 20 years in prison.

‘Moral responsibility’: Can blockchain really improve trust in AI?

Experts are still divided on the real impact blockchain tech can have on solving some fo the problems that ail AI.

Top 10 crypto artist Trevor Jones on being rich, rekt and rich again: NFT Creator

Trevor Jones creates NFTs fit for a King, he sold $4.3 million of NFTs in a day and he’s among the most celebrated crypto artists in the world.

Coinbase Cloud plugs into Chainlink oracle network to improve smart contract reliability

Chainlink’s oracle network will welcome Coinbase Cloud as a node operator to improve high-quality data provision to several blockchain protocols.

Metaverse ETF PUNK closing after betting against Meta's vision

Subversive Capital cites losses as it shuts down PUNK ETF and the company pivots to artificial intelligence.

Bitcoin and proof-of-stake have natural ‘synergy’: Bitcoin Builders 2023

Stanford University professor David Tsè said his team’s research had revealed a security property between Bitcoin and proof-of-stake protocols.

GridPlus to open source wallet firmware in Q3 amid Ledger debacle

As accusations are hurled at Ledger over a controversial update, one hardware wallet has decided to open-source its firmware. Others have turned it into a marketing opportunity.

Korean lawmakers rally towards crypto rules in May after grisly murder case: Report

Crypto policy making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets.

Australia marks first FX transaction using a CBDC as eAUD pilot continues

The Australian digital dollar was used in a trade for a U.S. dollar stablecoin using an Ethereum layer 2 blockchain.

Miami blockchain folk hero secures $5M for community tokenization

The fund will be used to help residents secure affordable housing through blockchain initiatives.

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