Tether’s latest move in South Korea goes beyond protecting a product name. The company behind the world’s largest stablecoin filed seven trademark applications with the Korea Intellectual Property Rights Information Service on May 19, covering not just its tokens but its company name, official logo, and gold-backed asset Tether Gold, known as XAUT. Related Reading: […]

Coinbase's AI-driven compliance overhaul could redefine industry standards, but it risks regulatory scrutiny if AI fails to meet oversight expectations. The post Coinbase rebuilds compliance operations with AI, handling 55% of US fraud cases appeared first on Crypto Briefing.

Nvidia's dividend hike signals strong confidence in sustained cash flow, potentially attracting a broader investor base and enhancing market appeal. The post Nvidia boosts quarterly cash dividend to 25 cents per share appeared first on Crypto Briefing.

Nvidia's halted shipments to China highlight the geopolitical tensions impacting global AI and crypto infrastructure, reshaping market dynamics. The post Nvidia CFO reports zero data center Hopper shipments to China, down from $4.6B last quarter appeared first on Crypto Briefing.

GitHub says there is currently no evidence that customer repositories or external enterprise data were compromised.

SpaceX files for a Nasdaq IPO under SPCX, disclosing $4.69B in Q1 revenue, a $4.28B loss, and 18,712 BTC. The post SpaceX files for Nasdaq IPO under SPCX, discloses Bitcoin holdings and $4.3B Q1 loss appeared first on Crypto Briefing.

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Rising fertilizer costs due to geopolitical tensions threaten global food security, potentially leading to inflation and increased hunger worldwide. The post Fertilizer prices surge 44% amid Iran war, raising food price concerns appeared first on Crypto Briefing.

Nakamoto Inc. (Nasdaq: NAKA) announced a 1-for-40 reverse stock split on May 20, 2026, set to take effect at 12:01 a.m. ET on May 22, 2026. Nakamoto Cuts NAKA Shares 40-to-1 to Salvage Nasdaq Listing Before June Deadline The bitcoin treasury and operating company said every 40 pre-split shares will consolidate into one post-split share. […]

The proposal could facilitate crypto firms' access to Fed payment systems, signaling a cautious regulatory shift towards digital finance integration. The post Federal Reserve proposes new ‘skinny’ payment accounts with major restrictions for eligible institutions appeared first on Crypto Briefing.

The Power of Siberia 2 pipeline could reshape Eurasian energy dynamics, enhancing China's leverage while challenging Russia's energy strategy. The post Russia and China reach understanding on Power of Siberia 2 pipeline, but the hard part remains appeared first on Crypto Briefing.

Intuit's workforce reduction highlights a tech industry trend of prioritizing AI investment over human labor, risking morale and competitive edge. The post Intuit to lay off 17% of workforce as part of business optimization appeared first on Crypto Briefing.

Meta's AI pivot may boost efficiency, but risks include execution challenges, talent retention issues, and potential morale impacts. The post Meta CEO Mark Zuckerberg expects no further layoffs this year appeared first on Crypto Briefing.

SpaceX's IPO filing highlights potential financial challenges, impacting market sentiment and raising questions about future growth strategies. The post SpaceX files for NASDAQ IPO under ticker $SPCX, projects $4.9B net loss for 2025 appeared first on Crypto Briefing.

The S-1 filing's impact on market sentiment may accelerate tech IPO timelines, influencing investor strategies and market dynamics. The post Discord S-1 filing boosts IPO prospects before 2027 appeared first on Crypto Briefing.

The SEC's shift towards openness in ETF regulation could spur innovation, but balancing investor protection remains a critical challenge. The post SEC Chair Paul Atkins instructs staff to seek public input on novel ETFs appeared first on Crypto Briefing.

The sanctions highlight the growing regulatory scrutiny on crypto's role in illicit finance, impacting industry compliance and policy debates. The post US Treasury sanctions Sinaloa Cartel over crypto-fueled fentanyl trafficking appeared first on Crypto Briefing.

The analyst's bullish stance on Strategy Inc. underscores the high-risk, high-reward nature of its Bitcoin-centric strategy, highlighting potential volatility and the critical role of Bitcoin's market trajectory in determining shareholder value. The post TD Cowen analyst assigns buy rating on Strategy, raises price target to $400 appeared first on Crypto Briefing.

Anthropic's financial success may boost its strategic role in AI, attracting major investments and partnerships, impacting global AI dynamics. The post Anthropic projects Q2 revenue over $10.9B, reports first $559M profit appeared first on Crypto Briefing.

Ripple's recognition signals growing institutional acceptance of blockchain, potentially accelerating enterprise adoption and reshaping finance. The post Ripple ranks No. 16 on CNBC’s 2026 Disruptor 50 list appeared first on Crypto Briefing.

Geopolitical tensions with Iran could disrupt global markets, influencing oil prices, inflation, and crypto volatility amid uncertainty. The post Trump says Iran talks on borderline between deal and strikes, and crypto markets are watching appeared first on Crypto Briefing.

Cerebras' breakthrough in AI model speed could redefine real-time applications, challenging existing GPU paradigms and impacting AI infrastructure. The post Cerebras achieves record speeds serving trillion-parameter AI model Kimi K2.6 appeared first on Crypto Briefing.

A tech-led equity rally suggests increased risk appetite, potentially boosting crypto markets if sustained, as capital flows into risk assets. The post S&P 500 rises 1.1%, NASDAQ gains 1.5% at market close appeared first on Crypto Briefing.

Drift Protocol's proactive risk management highlights the importance of balancing decentralization with practical safeguards in DeFi. The post Drift Protocol’s Insurance Fund remains intact after risk pause appeared first on Crypto Briefing.

Hester Peirce will become an associate professor at a Virginia law school some 18 months after her term at the SEC expired, leaving another empty seat in the agency’s leadership.

Arthur Hayes mocks Zcash bears as the privacy coin surges past $670 to become the 13th largest cryptocurrency by market capitalization.

European crypto exchange WhiteBIT has launched a dedicated platform for United Kingdom users at whitebit.uk, targeting a market where 91% of adults are aware of crypto assets. Crypto Exchange WhiteBIT Opens UK Platform The U.K. exchange went live on May 20, 2026, with a platform built specifically for U.K. retail and institutional users, according to […]

The incident underscores the persistent vulnerabilities in cross-chain bridges, highlighting ongoing security challenges in DeFi infrastructure. The post MAP Protocol pauses bridge between MAPO ERC-20 and mainnet after exploit appeared first on Crypto Briefing.

Google's pricing strategy aims to capture developers, fostering ecosystem dependency and potentially reshaping the competitive AI landscape. The post Google launches new $100 AI Ultra plan, cuts top-tier price to $200 at I/O 2026 appeared first on Crypto Briefing.

Trump's call with Taiwan's president could escalate US-China tensions, impacting global markets and tech supply chains significantly. The post Trump to speak with Taiwan’s president, challenging US-China relations appeared first on Crypto Briefing.

The mediation efforts could reshape global markets, impacting energy prices, geopolitical stability, and investor sentiment worldwide. The post Trump informs Netanyahu of mediation efforts to draft framework ending US-Iran conflict appeared first on Crypto Briefing.

GameStop's bold move to increase its stake in eBay could reshape e-commerce dynamics, challenging traditional market leaders and investor expectations. The post GameStop increases stake in eBay to over 6%, doubling down on $55.5B takeover bid appeared first on Crypto Briefing.

The US sanctions on activists linked to Gaza flotilla campaigns highlight the increasing use of financial tools to curb global advocacy efforts. The post US sanctions four activists linked to Gaza flotilla campaigns appeared first on Crypto Briefing.

TLDR: Binance recorded a $1.2 billion stablecoin outflow, with $1 billion of that total consisting solely of USDT. The withdrawal follows a recent Bitcoin sell-off, pointing to either short capitulation or spot profit realization. Weekend low-liquidity conditions raise the risk of stop-hunts and leveraged liquidations around the $77,600 zone. Reduced stablecoin reserves on Binance limit [...] The post Bitcoin Stablecoin Outflow: $1.2 Billion Leaves Binance as BTC Holds at $77.6K appeared first on Blockonomi.

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Nvidia's declining stock highlights investor concerns over its competitive edge and growth prospects in the evolving AI chip market. The post Nvidia shares drop on weak sales forecast amid AI chip competition appeared first on Crypto Briefing.

AI tools are reshaping software development, enabling smaller teams to achieve more, but require careful integration to maximize benefits. The post OpenAI, Anthropic, and Cursor are rewriting the rules of software scaling appeared first on Crypto Briefing.

Nvidia shares recovered after an initial after hours drop as record AI data center revenue and a $91B outlook showed demand remains strong. The post Nvidia posts record $81.6B revenue as AI data center demand surges appeared first on Crypto Briefing.

The executive order could centralize AI governance, impacting innovation, state autonomy, and the balance of power in digital markets. The post Trump administration prepares executive order for AI model access before public release appeared first on Crypto Briefing.

TLDR: Bybit’s XRP transaction delta returned close to zero around May 16, ending a month-long deposit trend. Sustained deposit activity on Bybit from mid-April to mid-May signaled potential sell-side pressure. Binance and Coinbase have shifted back to negative delta, meaning withdrawals now outpace deposits. The metric tracks transaction count, not token volume, offering a directional [...] The post XRP Exchange Flow Shifts as Bybit Deposit Wave Ends, Binance and Coinbase Turn Negative appeared first on Blockonomi.

The surge in AI-related M&A activity across diverse sectors may sustain elevated valuations, but risks of overpayment and winner's curse loom. The post Morgan Stanley’s Wally Cheng sees broad M&A activity in AI across industries and deal sizes appeared first on Crypto Briefing.

The UK-GCC trade deal enhances Britain's global trade position post-Brexit, offering strategic economic and geopolitical advantages. The post Britain secures $5B annual trade deal with Gulf Cooperation Council in first-of-its-kind G7 agreement appeared first on Crypto Briefing.

The regulatory uncertainty surrounding prediction market ETFs highlights the complexities of modern financial products and the need for clear oversight. The post SEC chair seeks public comments on prediction market ETFs as regulatory turf war heats up appeared first on Crypto Briefing.

Passing the CLARITY Act could boost US crypto markets by resolving regulatory ambiguity, attracting institutional investment, and enhancing global competitiveness. The post Senator McCormick expects CLARITY Act to pass this summer appeared first on Crypto Briefing.

The rise in AI-driven scams necessitates rapid evolution in cybersecurity measures, impacting financial sectors and increasing regulatory scrutiny. The post Visa reports rise in ransomware attacks, warns of AI-driven scams appeared first on Crypto Briefing.

Tether’s USDT has expanded by over $5 billion in the past month, with competing stablecoins including USDC, USDe, and PYUSD shedding a combined $4.2 billion over the same period. Tether Consolidates Grip as Rivals Retreat According to data, USDT’s net growth over the past month stands at roughly $900 million (0.3% of the total supply), […]

Bitcoin looks on track for a rally toward $80,000 while HYPE, ZEC and a handful of altcoins are pushing toward their range highs.

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The voluntary AI model review could set a precedent for future mandatory regulations, impacting innovation timelines and global competitiveness. The post US government seeks AI labs to share models 90 days before release appeared first on Crypto Briefing.

AI's autonomous mathematical breakthroughs could redefine research paradigms, challenging traditional roles and boosting AI investment appeal. The post OpenAI model autonomously solves planar unit distance problem appeared first on Crypto Briefing.

AI search startup Exa Labs has raised $250 million in a new funding round led by Bloomberg, pushing its post-money valuation to $2.2 billion. Exa Labs has secured $250 million in fresh financing led by Andreessen Horowitz, according to Bloomberg,…

Despite not being available to US users, Hougan calls Hyperliquid one of the fastest-growing financial businesses he has seen.

PRESS RELEASE. Tallinn, Estonia, May 20th, 2026 | SurgeXRP, a real-world asset marketplace built natively on the XRP Ledger, today announced the launch of its $SGP utility token through a limited 60-day early access presale event beginning May 18th, 2026, ahead of the platform’s public beta release targeted for Q3 2026. The $SGP token is […]

Jane Street has rejected new insider trading claims centred on a private Telegram channel during the 2022 Terra collapse. A Manhattan federal complaint alleges Jane Street used a private Telegram channel to exit $192 million in TerraUSD before its May…

WhiteBIT launches dedicated UK platform as exchange expands presence in regulated British market. WhiteBIT, the largest European cryptocurrency exchange by traffic, has announced the launch of whitebit.uk, a dedicated platform designed to serve users in the United Kingdom. The move…

The declining Bitcoin sentiment and ETF outflows suggest a challenging market, potentially hindering future price surges and investor confidence. The post Bitcoin sentiment declines as price falls to $76K, ETF outflows increase appeared first on Crypto Briefing.

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SpaceX's IPO could redefine market dynamics, influence tech and crypto sectors, and democratize access to high-demand investments. The post Goldman Sachs to lead SpaceX IPO that could become largest public listing in history appeared first on Crypto Briefing.

Nvidia's earnings impact extends beyond tech, influencing AI and crypto markets, with guidance shaping risk appetite and asset valuations. The post Nvidia reports earnings after hours with options market expecting a 4.8% move appeared first on Crypto Briefing.

Alibaba's strategic focus on reasoning and tool use in AI models highlights a shift towards solving complex problems, narrowing the global AI gap. The post Alibaba’s Qwen 3.7 Max-Preview ranks 13th globally in text AI, surpassing most Western rivals appeared first on Crypto Briefing.

The potential military action against Iran could destabilize global markets, impacting oil prices and causing volatility in crypto assets. The post Trump leans toward military strike on Iran, offers negotiation window appeared first on Crypto Briefing.

TLDR Fairshake PAC spent about $20 million to support candidates in three US primary races. All candidates backed by Fairshake PAC either won their races or advanced to runoffs. The spending targeted elections in Georgia, Alabama, and Kentucky. Affiliates Defend American Jobs and Protect Progress supported both Republican and Democratic candidates. Around $5 million funded [...] The post Fairshake PAC $20M Push Secures Wins in Key US Primaries appeared first on Blockonomi.

Bitcoin longs on Bitfinex surged to 80,636 BTC on May 20, the highest level since December 2023. Leveraged traders on Bitfinex continued buying into Bitcoin’s sell-off, with margin long positions rising to 80,636 BTC on May 20 according to TradingView…

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US authorities are reportedly stepping up efforts to disrupt Iran’s cryptocurrency activity, as Washington works to choke off financial channels linked to the regime amid escalating tensions in the Middle East.  ‘Breadcrumbs’ In Crypto A FOX Business report released Wednesday points to new figures from a threat-detection data firm estimating that Tehran controls roughly $7.7 […]

As volatility persists in the market, Bitcoin faces a potential retest of the $70,000 price level following the recent pullback. With this waning price action, demand for the flagship asset among investors and traders is exhibiting a trend that could spell trouble for its near-term direction. Demand Patterns For Bitcoin Are Undergoing A Change Bitcoin […]

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The potential quantum threat underscores the urgent need for Bitcoin's cryptographic evolution to safeguard exposed assets. The post 6.04 million Bitcoin exposed to quantum risk, says Glassnode appeared first on Crypto Briefing.

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Geopolitical tensions with Iran could lead to market volatility, impacting energy prices, risk assets, and potentially influencing Fed policy. The post POTUS warns on Iran nuclear threat, anticipates oil flow surge appeared first on Crypto Briefing.

Centrifuge's integration of Predicate into Whitelabel could accelerate institutional adoption of tokenized assets by embedding compliance directly. The post Centrifuge launches Whitelabel for compliant RWA management with Predicate appeared first on Crypto Briefing.

The potential collapse of Iran negotiations could trigger global economic instability, impacting oil prices, inflation, and financial markets. The post Trump says Iran negotiations in final stages, warns of attacks if deal fails appeared first on Crypto Briefing.

Chicago Mercantile Exchange (CME) Group is celebrating the one-year anniversary of its XRP futures suite with a massive milestone.

The cryptocurrency market is currently navigating a high-stakes period of volatility, with Bitcoin struggling to maintain its position above the psychologically critical $80,000 threshold.

• #bitcoin

TLDR Vitalik Buterin outlined new Ethereum upgrades aimed at enabling native onchain privacy for users. The roadmap includes account abstraction FOCIL and keyed nonces to improve transaction confidentiality. FOCIL introduces validator-enforced transaction inclusion to reduce the risk of censorship on the network. Account abstraction allows Ethereum accounts to function like smart contracts with enhanced security [...] The post Vitalik Buterin Details Ethereum Upgrades to Boost Privacy Features appeared first on Blockonomi.

Bitcoin traders absorbed $584 million in long liquidations on Monday as geopolitical pressure and rising Treasury yields dragged the price toward a key onchain support level, according to Bitfinex analysts. BTC Longs Drop $584M in One Session as Bitcoin Tests May Monthly Open Support The sell-off came as Donald Trump posted on social media about […]

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Calamos' ETFs could reshape Bitcoin investing by offering traditional advisors a way to manage crypto volatility within risk frameworks. The post Calamos uses Cboe Bitcoin options to create defined outcome ETFs with built-in downside protection appeared first on Crypto Briefing.

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The rise of tokenized ETFs highlights a shift towards decentralized finance, potentially reshaping traditional market dynamics and investor behavior. The post ETFs make up 26.6% of total market cap of tokenized stocks appeared first on Crypto Briefing.

Trump's warning heightens geopolitical tensions, reducing prospects for diplomatic resolutions and increasing risks of military conflict. The post Trump warns of potential increased military action against Iran appeared first on Crypto Briefing.

BitGo's integration of Lightning Network support could accelerate institutional adoption of Bitcoin as a practical payment solution, enhancing its utility. The post BitGo adds Lightning Network support to Crypto-as-a-Service offering appeared first on Crypto Briefing.

Rising business inflation expectations suggest prolonged high interest rates, impacting risk assets and tightening financial conditions. The post Federal Reserve Bank of Atlanta reports rising business inflation expectations for third month appeared first on Crypto Briefing.

The executive order could slow AI innovation, favor large firms, and impact US competitiveness, while raising questions about government oversight. The post Trump plans executive order giving government early access to advanced AI models appeared first on Crypto Briefing.

The US risks losing its competitive edge in digital assets, potentially ceding innovation and economic leadership to more proactive regions. The post Senator Lummis warns US risks losing digital asset firms to Europe and China appeared first on Crypto Briefing.

The growing US deficit highlights fiscal instability, potentially boosting crypto appeal as a hedge against currency devaluation. The post US government budget deficit projected at $2T this year, and crypto markets are paying attention appeared first on Crypto Briefing.

TLDR A South Korean funeral company reported a $33 million unrealized loss from a leveraged Ethereum ETF investment. The firm used prepaid customer funeral funds to invest in a high-risk crypto-linked exchange-traded fund. The investment dropped from 59.5 billion won to 10.2 billion won by the end of 2025. The ETF aimed to deliver twice [...] The post South Korea Funeral Firm Hit by $33M Loss on Crypto ETF Trade appeared first on Blockonomi.

The US-Iran negotiations' outcome could significantly impact global oil markets, geopolitical stability, and investor risk strategies. The post Donald Trump says US in final stages of negotiations with Iran appeared first on Crypto Briefing.

Erdogan's mediation efforts could stabilize regional tensions, influencing global markets by reducing geopolitical risk and energy price volatility. The post Erdogan tells Trump that extending Iran ceasefire is positive, contested issues can be resolved appeared first on Crypto Briefing.

TLDR Fireblocks launched an Agentic Payments Suite to support AI-driven blockchain transactions. The company joined the x402 Foundation to help promote a standard payment protocol for AI agents. The new platform includes wallet infrastructure for AI agents to send and receive funds securely. Fireblocks added compliance and settlement tools to support regulated financial institutions. The [...] The post Fireblocks Enters x402 Foundation with New AI Payments Suite appeared first on Blockonomi.

The Iranian nuclear test exacerbates regional instability, complicating diplomatic efforts and increasing the risk of military conflict. The post Iran nuclear test raises tensions, impacts US-Iran deal prospects appeared first on Crypto Briefing.

Bitcoin Magazine Hunter Biden Now Accepts Bitcoin for Artwork on His Official Website Hunter Biden appears to be accepting Bitcoin as payment for his artwork. This post Hunter Biden Now Accepts Bitcoin for Artwork on His Official Website first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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TLDR The 21Shares Hyperliquid ETF recorded a rapid increase in daily trading volume within days of its launch. The ETF’s turnover rose from about $1.8 million on its first day to nearly $14.08 million. The surge represents a 682% increase in trading activity over a short period. Bloomberg analyst Eric Balchunas said the growth reflects [...] The post 21Shares Hyperliquid ETF Hits $14M Volume Days After Debut appeared first on Blockonomi.

Dollar stablecoin supply has held at 99% of the global market as non-dollar tokens stall at 0.24% share. The European Central Bank noted in late 2025 that dollar stablecoin tokens account for approximately 99% of total stablecoin supply in circulation.…

Former CFTC chair Timothy Massad says a US CBDC ban cannot stop behind-the-scenes infrastructure work. Former CFTC chair Timothy Massad told London’s Digital Money Summit on May 19 that a US digital dollar is ultimately inevitable. He said the CBDC…

Wintermute has introduced Armitage, a new DeFi vault curation platform designed to apply institutional-grade trading and risk management to decentralized lending markets. The first USDC-denominated vaults are already live on Morpho. Wintermute Deploys Active Lending on Morpho With New Vault Curator Crypto market maker Wintermute is expanding deeper into decentralized finance ( DeFi) with the […]

Bitcoin experienced volatile, range-bound trading, repeatedly struggling to sustain a breakout above $77,000. After a midnight surge from $76,700 to $77,200, it hit an intraday high of $77,604 before stabilizing around $77,500. Bitcoin Volatility Tightens Near $77K Resistance Bitcoin endured another grueling stretch of range-bound consolidation, routinely failing to cement a definitive breakout above the […]

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Minnesota's ban on prediction markets could trigger a regulatory domino effect, challenging federal authority and impacting crypto platforms. The post Minnesota bans prediction markets, Trump administration files lawsuit appeared first on Crypto Briefing.

The US Marines' action may exacerbate US-Iran tensions, potentially disrupting global oil supply routes and impacting market stability. The post US Marines board Iranian-flagged tanker amid rising tensions in Gulf of Oman appeared first on Crypto Briefing.

TLDR The European Commission has launched a public consultation to review whether MiCA remains suitable for evolving crypto markets. Stakeholders, including crypto firms, banks, and the public, can submit feedback until Aug. 31. The review will assess how MiCA performs after its full implementation across the European Union in 2024. Officials are examining both legal [...] The post EU Opens MiCA Review to Test Crypto Rules Against Market Changes appeared first on Blockonomi.

Intensified US enforcement in the Gulf of Oman heightens geopolitical risk, impacting energy markets and prompting scrutiny of Iran's crypto strategies. The post US Marines board Iranian oil tanker in Gulf of Oman as blockade enforcement intensifies appeared first on Crypto Briefing.

Bitcoin Magazine VerifiedX Brings Native Bitcoin Redemption and FROST Privacy to Base DeFi with Fireblocks Integration Backed by FROST MPC threshold signatures and a Halborn audit, vBTC.b enables collateralized borrowing, yield strategies, and AI-agent commerce while preserving Bitcoin’s core properties. This post VerifiedX Brings Native Bitcoin Redemption and FROST Privacy to Base DeFi with Fireblocks Integration first appeared on Bitcoin Magazine and is written by Juan Galt.

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Potential rate hikes could tighten financial conditions, impacting economic growth and increasing volatility in riskier asset markets. The post Federal Reserve officials warn of potential interest rate hikes if inflation stays sticky appeared first on Crypto Briefing.

Meta's pivot to AI over the metaverse signals a broader tech industry shift, impacting crypto markets and emphasizing AI's growing dominance. The post Meta cuts 8,000 jobs and cancels 6,000 hires as AI becomes the only bet that matters appeared first on Crypto Briefing.

Tether's acquisition signals a shift in Bitcoin finance power dynamics, raising questions about market concentration and regulatory impacts. The post Tether acquires SoftBank’s 26% stake in Twenty One Capital appeared first on Crypto Briefing.

Hive's AI gigafactory plan highlights a strategic shift from volatile crypto mining to stable AI compute, impacting tech infrastructure dynamics. The post Hive Digital Technologies plans $2.5B AI gigafactory in Ontario by 2027 appeared first on Crypto Briefing.

Fairshake PAC's success in primaries highlights the growing influence of crypto funding in shaping US political landscapes and regulatory policies. The post Fairshake PAC’s $20M investment secures wins in three US primaries appeared first on Crypto Briefing.

The Fed's hawkish stance may prolong higher interest rates, affecting economic growth and investment strategies amid geopolitical tensions. The post Fed minutes reveal growing support for rate hikes, impacting 2026 cut predictions appeared first on Crypto Briefing.

TLDR A Kraken and Coinbase user lost about $6.7 million after attackers drained crypto from both exchange accounts. The stolen assets included Ethereum, Bitcoin, and cbBTC withdrawn in a short and coordinated series of transactions. On-chain analyst Specter traced the stolen funds to new wallet addresses across the Ethereum and Bitcoin networks. Attackers moved about [...] The post Kraken, Coinbase User Hit by $6.7M Crypto Theft and Laundering appeared first on Blockonomi.