The U.S. Treasury’s is exploring the mandatory identity verification embedded directly into DeFi smart contract, a proposal that is shaking the very foundations of decentralized finance. (DeFi)

Mastercard and Chainlink have teamed up to let over 3 billion cardholders buy crypto directly on-chain using their bank cards. The system is already live and involves several partners to handle payments, compliance, and crypto swaps.

OpenAI faced a five-hour global outage affecting ChatGPT, Sora, and its APIs, disrupting user access to key tools. As services return to normal, the incident prompts a pressing question: are we becoming too reliant on AI systems we do not fully control?

Cork Protocol lost over $12 million in wstETH from a malicious smart contract exploit. In response, Cork shut down all contracts. The incident underscores ongoing smart contract risks in crypto, with 2025 seeing a surge in damaging exploits.

MetaMask’s new self-custody crypto card backed by Mastercard and launched in partnership with CompoSecure and Baanx, enters a market already crowded with offerings from major centralised exchanges. Can it carve out a niche in an increasingly competitive landscape?

Term Finance, an Ethereum-based lending protocol, lost around $1.6 million in ETH due to a misconfigured oracle. The team recovered over $1 million through negotiations and will cover the remaining shortfall from the protocol's treasury. A post-mortem of the incident will be released soon.

UPCX suffered a $70 million exploit, with 18.4 million UPC tokens stolen—surpassing the circulating supply. Cyvers traced the breach to a ProxyAdmin contract flaw, enabling unauthorised withdrawals. Despite the scale, market impact remains minimal, and the stolen tokens are untouched. How long will they stay that way?

Abracadabra lost $13 million in ETH due to a hack targeting GMX-linked pools. GMX denies its smart contracts were involved, raising questions about the vulnerability and each platform's role.

Dubai's 17-storey Crypto Tower, set for 2027, will span 150,000 square feet as a Web3 and blockchain hub. Featuring blockchain-powered services, offices, event spaces, and AI-driven facilities, it will also house an NFT gallery, crypto club, and secure vaults. But will it cement Dubai’s blockchain dominance or prove an overhyped gamble?

Ambient Finance, the latest DeFi platform hit by front-end attacks, has regained control of its domain but awaits DNS updates. Users are urged to avoid the site until further notice. As cyberattacks surge, will these threats ever ease?