Sui-based DEX Cetus is offering a $6 million white hat bounty to recover $220 million in stolen crypto, with $162 million already frozen. The incident has reignited debate around decentralization after the Sui team considered deploying emergency code to override hacker transactions, sparking both criticism and support within the crypto community.

Decentralized exchange Hyperliquid has submitted formal comments to the U.S. CFTC endorsing 24/7 perpetual derivatives trading. The team praised the agency’s engagement and highlighted how its platform showcases DeFi’s ability to improve market integrity, efficiency, and user protection amid growing interest in onshore crypto derivatives regulation.   The following post is from Hyperliquid Labs Hyperliquid Labs is…

Bitcoin buyers remain dominant at all-time highs, with CryptoQuant data showing strong spot demand and low sell pressure. The 90-day cumulative volume delta favors bulls, suggesting the uptrend may continue. Meanwhile, short-term holders stay profitable, and long-term holders resist selling — fueling expectations for another wave of price gains.

DeLorean has launched an NFT-based reservation system on the Sui blockchain for its upcoming Alpha 5 electric vehicle. The “Build Slot” NFTs grant priority access to purchase the EV and can be traded on a dedicated marketplace. Using the FLUX protocol, each vehicle’s performance and maintenance history will be recorded onchain, enabling transparent resale and…

FIFA is migrating its NFT platform, FIFA Collect, to a new Avalanche-powered layer-1 blockchain to boost fan engagement. The move enhances scalability, lowers fees, and supports EVM wallets like MetaMask, replacing support for Algorand-based wallets like Pera and Defly.

Amalgam Capital founder Jeremy Jordan-Jones has been charged with defrauding investors of over $1 million through a fake blockchain project. Prosecutors say he used investor funds for luxury spending while falsely promoting his firm as a legitimate crypto startup.

Microsoft has taken legal action to disrupt Lumma Stealer malware, blocking nearly 2,300 related websites. A U.S. court approved the takedown, while Microsoft worked with global agencies to dismantle Lumma’s infrastructure used to steal passwords, bank data, and crypto.

Pakistan has launched the Digital Asset Authority to regulate cryptocurrencies, exchanges, and DeFi platforms. It will also oversee the tokenization of national assets and use surplus electricity for Bitcoin mining, aiming to boost innovation and attract global investment.

Safemoon CEO Braden Karony was found guilty of fraud for lying about locked liquidity and stealing millions from investors. Prosecutors say he used the funds to buy luxury homes and cars while misleading the public. Karony faces up to 45 years in prison, with over $2 million in assets set for forfeiture.

Crypto.com has secured a MiFID license via its acquisition of Allnew Investments Ltd., enabling it to provide regulated investment products — like securities and derivatives —across the European Economic Area, further expanding its footprint beyond crypto into traditional finance.