Ethena Extends OFT Bridge Halt Pending rsETH Root Cause Analysis

Ethena maintains reserve strength, extends bridge halt as rsETH risks remain without clarity Concerns around cross-chain vulnerabilities have prompted Ethena to take precautionary action following the rsETH exploit. Despite confirming no direct impact, the protocol halted its LayerZero OFT bridge to limit potential exposure. An updated proof of reserves was...

Russia’s Sberbank Eyes Crypto Markets With Exchange-Style Trading

Sberbank aligns crypto trading plans with Russia’s emerging exchange-based regulatory framework. Authorities restrict crypto use, allowing trading only under strict limits and eligibility rules. Retail access remains capped, while institutional systems prepare for structured crypto integration. Sberbank prepares for digital asset access as Russia advances a structured regulatory framework for...

Ethereum Backed Probe Uncovers 100 DPRK Operatives in Crypto Firms

Ethereum-backed probe found 100 DPRK operatives in crypto firms after a six-month ETH Rangers-supported investigation. Investigators working with an Ethereum-supported security program have identified about 100 suspected North Korean operatives inside crypto firms. The six-month inquiry was carried out by the Ketman Project under ETH Rangers. Analysts said the workers...

ETH Shorts Get Wrecked as Strait of Hormuz Reopens

Ethereum derivatives erupted after Iran reopened the Strait of Hormuz. Binance logged $1.72B in ETH buy volume in one hour as $24M in shorts were wiped out. Iran’s announcement that the Strait of Hormuz was reopening to commercial vessels hit crypto markets fast. Ethereum felt it almost instantly. Within one...