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Dutch nominee to oversee crypto tax quits over CV scandal

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Nathalie van Berkel would’ve overseen a controversial 36% Netherlands crypto tax before withdrawing from the role of Secretary of Finance. Source link

Copy, Paste, Rekt: Ethereum address poisoning strikes again

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Two crypto users lose a combined total of almost $1M to address poisoning. One even ignored their own test transaction. Source link

Larry Lepard ragequits after Bloomberg analyst forecasts $10k BTC

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After a senior Bloomberg analyst called for bitcoin to crash to $10k and kept interrupting his counterargument, Lawrence Lepard ragequit. Source link

DeFi, meet Claude: Moonwell’s ‘vibe-coded’ oracle in $1.8M blowup

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Moonwell’s third oracle malfunction in six months saw the price of cbETH set at $1.12 instead of $2,200, leading to 1096 cbETH liquidated. Source...

Web3 collapse accelerates as eight games fail this year

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Eight web3 games have either shuttered, paused operations, or pivoted back to web2 this year as major funding dries up. Source link

Tether challenges USDC Solana hegemony with $127.5M Drift bailout

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Tether has pledged up to $127.5M to help Drift “support user recovery and relaunch the Drift platform” after a $285M hack. Source link

Solana validator logs 32 delinquencies, foundation still claims ‘100% uptime’

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Solana’s “100% uptime” claim is true at the cluster level, but anyone in the Harmonic Major validator went delinquent 32 times in 30...

Crypto hack goes political as Grinex blames ‘Western special services’

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Kyrgyzstan-registered crypto exchange Grinex has suspended operations. It had previously been linked to sanctions evasion of up to $6B. Source link

Rumble begins merging with Northern Data

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Tether-related companies Northern Data and Rumble are set to begin their merger, with Rumble offering equity for shares of Northern Data. Source link

Strategy’s bitcoin bet back in profit after $11B drawdown

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It took years of leverage and over $11B in unrealized losses for Michael Saylor’s Strategy to flip green on its BTC bet today. Source...
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