
Term Labs Loses $8.5M to an Attacker Who Simply Won the Vote
An attacker funded with 2 ETH from Tornado Cash took full voting control of four Term Labs vaults and voted $8.5 million out. No code was broken.
Altcoins, ETH & general crypto

An attacker funded with 2 ETH from Tornado Cash took full voting control of four Term Labs vaults and voted $8.5 million out. No code was broken.

The flash-crash dip stretched to $75,546 early Sunday, then got bought back to $77,400. Ether goes into the 00:00 UTC weekly close sitting on its $2,450 trigger.

ZEC touched about $855 on Saturday, its highest price since January 2018, after Grayscale amended its filing to convert its Zcash Trust into a spot ETF.

The best combined ETF week since October 2025 landed the same morning a 04:00 UTC flash crash handed the rally its first long-side liquidation flush.

Binance's Agent OS connects ChatGPT, Claude Code and Cursor to its exchange over MCP, with withdrawal-blocked subaccounts, optional approvals and no loss caps.

An SEC staff letter dated 12 August, reported eight days later, clears Franklin Templeton's traditional funds to hold tokenized BENJI shares for cash management.

Ether hit a four-month high on Friday, four days after trading at $1,905 under its 200-day average. A $1B short squeeze led and $512M of ETF inflows followed.

BitGo Korea won VASP registration from the KoFIU, with Hana Financial and SK Telecom as shareholders. No foreign digital asset firm held the licence before.

Bitcoin traded above $72,000 intraday as roughly $3 billion in crypto shorts were liquidated, a day after the US Treasury doubled its long-dated bond buybacks.

The July FOMC minutes showed officials divided, with "many" saying rate hikes may be needed. Bitcoin held near $64,296 all session, then broke $65,000 into the release.

The SEC proposed its first crypto-specific offering regime on 18 August, pairing two registration exemptions with a conditional safe harbor and a 60-day comment period.

Citi's Custody+ folds digital assets into one platform with settlement, FX and cash management, starting with bitcoin custody for institutions later this year.