Abstract Releases Post-Mortem on Cardex Security Breach Affecting 9,000 Wallets

Abstract has released a post-mortem on the Cardex security breach, which affected 9,000 wallets and resulted in approximately $400,000 in losses due to a flaw in session key management. The private key exposure on Cardex’s front end allowed attackers to drain Ethereum.
The post Abstract Releases Post-Mortem on Cardex Security Breach Affecting 9,000 Wallets appeared first on Cryptonews. …

Ethereum’s Next Big Moment? SEC Seeks Feedback on ETH ETF Options Trading

Nearly a year after approving a spot Ethereum (ETH) exchange-traded fund (ETF), the U.S. Securities and Exchange Commission (SEC) is still evaluating whether to allow options trading on these products.A filing released yesterday revealed that the agency is now seeking public comments on a proposed rule change that would permit options trading for ETH spot […]
The post Ethereum’s Next Big Moment? SEC Seeks Feedback on ETH ETF Options Trading appeared first on Cryptonews. …

Hong Kong SFC Unveils 12-Point Roadmap to Strengthen Crypto Sector

Hong Kong’s SFC has unveiled a 12-point roadmap called “ASPIRe” to strengthen its virtual asset market, focusing on access, safeguards, products, infrastructure, and relationships. The roadmap aims to enhance security, encourage innovation, and support sustainable growth.
The post Hong Kong SFC Unveils 12-Point Roadmap to Strengthen Crypto Sector appeared first on Cryptonews. …

SEC Acknowledges Spot XRP ETF Application

The U.S. SEC has acknowledged a spot XRP ETF application, marking a step toward potential regulatory approval. The review process could determine whether XRP joins Bitcoin and Ethereum in the ETF market.
The post SEC Acknowledges Spot XRP ETF Application appeared first on Cryptonews. …

Coinbase Faces Shareholder Lawsuit Over Bankruptcy Risks and Securities Violations

Coinbase is facing a shareholder lawsuit alleging it misled investors about bankruptcy risks, engaged in proprietary trading, and failed to disclose customer assets could be at risk. The suit also names top executives, including CEO Brian Armstrong.
The post Coinbase Faces Shareholder Lawsuit Over Bankruptcy Risks and Securities Violations appeared first on Cryptonews. …