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Fogo has restarted its mainnet after a security incident that resulted in the theft of 400 million FOGO tokens. The project said the network is operating normally again after the disruption. The team recovered 237 million of the stolen tokens and permanently removed them from the total supply. The

ARK Invest increased its exposure to two major crypto-linked financial companies on Aug. 31, buying more than $40 million worth of Block and Circle shares. The purchases came as Cathie Wood’s investment firm continued to reposition its actively managed ETFs toward companies tied to digital

The crypto industry recorded 50 major hacking incidents in August, a 67% increase from July, according to PeckShield. Despite the sharp rise in attack frequency, estimated losses fell 49.5% month over month to $136.3 million from about $270 million. The figures highlight a notable shift in the cry

Federal Reserve Chair Kevin Warsh said Monday that the global economy has entered a period of accelerating investment, marking a sharp shift from the savings-heavy environment that dominated economic thinking after the 2008 financial crisis. Speaking to G20 finance leaders, Warsh said capital is i

The Sandbox’s SAND token suffered a major cross-chain exploit on August 21-22, allowing an attacker to create roughly 329.24 trillion unbacked tokens over about five hours. Despite the staggering figure, the attacker extracted only about $675,000 in real economic value. The incident highlights the

A security exploit in crypto card infrastructure drained roughly $1.1 million from several Solana-based programs, triggering a sharp sell-off in Avici’s AVICI token. The token fell as much as 49%, dropping from a 24-hour high of about $0.43 to a record low near $0.217 before recovering some

Trump Digital Gold (GOLD), a Solana-based memecoin promoted through a Trump-branded collectibles account, collapsed nearly 98% within hours of its launch Saturday. The token briefly reached a market capitalization above $60 million before plunging below $1 million, according to market-tracking

Japan is moving closer to approving its first Bitcoin exchange traded fund, with a potential launch targeted for 2028 as regulators work to reshape the country’s digital asset framework. The reported timeline reflects a broader effort to integrate cryptocurrencies into Japan’s traditional

The White House has intensified tensions in the global artificial intelligence race by accusing Chinese startup Moonshot AI of improperly using Anthropic’s technology to develop its latest Kimi K3 model. The allegation marks one of the strongest public accusations yet from U.S. officials over the u