Market Structure
An Ethereum Layer-2 Is Shutting Itself Down. What Happens to the Money Is the Interesting Part.
Key takeaways Abstract has announced it will shut down its Ethereum layer-2 on December 15 rather than issue a to…
Technology
Europol Says Wallets Are the Quantum Weak Point, Not the Blockchain. The Distinction Matters.
Key takeaways Europol has described crypto wallets, rather than blockchains themselves, as the primary area of qu…
Stablecoins
A Company Sued Tether Over $2.76 Million It Could No Longer Move. The Mechanism Is in the Contract.
Key takeaways Payments firm Conduit has filed suit against Tether, alleging roughly $2.76 million of USDT was fro…
Security
Flash Loans Drained $1.2 Billion in Four Years. The Mechanism Is Legal, Documented, and Working as Designed
Key takeaways A study reported this week puts losses from flash loan attacks at approximately $1.2 billion betwee…
Regulation
A Regulator Has Proposed Cutting Off Custody and Transfers for Non-Compliant Stablecoins in the EU. Read That Carefully If You Hold One
Key takeaways Reporting indicates ESMA has proposed ending custody and transfer services within the EU for stable…
Security
A Layer-2 Paused Part of Itself Over AI-Assisted Attack Risk. The Same Week, AI Cut a $387M Trace From 20 Hours to 10 Minutes
Key takeaways Arbitrum has paused new Stylus contract activations, with reporting citing AI-assisted attack risks…
Security
A $2 Billion Layer-2 Is Shutting Down With a 24-Day Exit Window. Read What That Means for Bridged Assets
Key takeaways Blast, once among Ethereum's largest layer-2 networks by value held, is shutting down after rep…
Security
Bitget Absorbed a $388M Loss and Restored Its Fund. That Is the Outcome You Want — and It Is Not a Right
Key takeaways Bitget has reportedly restored a $300 million protection fund after absorbing the $388 million brea…