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    Harmony Protocol to Roll Back Network After Massive Exploit

    Harmony Protocol to Roll Back Network After Massive Exploit

    Key TakeawaysHarmony Protocol suffers exploit resulting in 2.385 trillion unauthorized ONE tokens minted on Aug. 12.ONE token price tumbled over 30% following the massive surge in unauthorized token supply.Developers, security teams, and law enforcement align to...
    Bank of Russia Limits Crypto Equity to 25% for Market Brokers

    Bank of Russia Limits Crypto Equity to 25% for Market Brokers

    Key TakeawaysDraft rules cap market players’ crypto holdings at 25% of total equity to ensure financial resilience.Required registration with crypto depositories will increase state oversight and verify asset existence.While domestic crypto payments remain banned, new...
    HIVE Digital Lands $350M AI Deal With 5-Year Cloud Contract

    HIVE Digital Lands $350M AI Deal With 5-Year Cloud Contract

    Key TakeawaysHIVE’s BUZZ HPC signed a 5-year, $350M AI cloud deal using 2,016 Nvidia Blackwell Ultra GPUs.HIVE says the deal lifts BUZZ HPC annualized revenue to $180M, accelerating the shift toward AI.HIVE targets $200M GPU cloud revenue by year-end, with 400MW able...
    Deribit Secures Dubai Broker-Dealer License via Coinbase

    Deribit Secures Dubai Broker-Dealer License via Coinbase

    Key TakeawaysDeribit has secured a VARA Broker-Dealer Licence, its second Dubai approval in under 24 months.The license routes Deribit’s spot orders into Coinbase Exchange, unlocking hundreds of assets.Coinbase closed its $2.9 billion Deribit acquisition in August...
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