Weekly digest covering major acquisitions (Circle-IBM patents, HashKey-APEX), protocol updates (Aave L2 wind-downs, Uniswap Earn launch), regulatory progress (Binance Philippines, Circle NY charter), and a critical Coldcard exploit draining 1,367 BTC from thousands of addresses.
Security & Exploits ·
A critical exploit of Coldcard MK3 hardware wallets resulted in approximately 1,367 BTC stolen from over 4,500 addresses, totaling around $88.6M in losses. In regulatory developments, Binance obtained a Philippines sandbox license with its website unblocked pending fiat channel approvals, while Circle secured a New York trust company charter. Major protocol moves included Aave deprecating 50 asset reserves and winding down multiple layer-two deployments, and Uniswap launching its Earn product in partnership with Morpho for idle crypto yield generation. Crypto ETFs saw modest outflows across the week, with Bitcoin experiencing $49.9M in net withdrawals.