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Crypto hack counts just set a record. The warning in TRM Labs’ latest data is where the money is actually being lost.In its H1 2026 crypto hack review, TRM Labs said attackers carried out 207 separate hacks in the first half of the year, the most the firm has recorded in any six-month period.Yet total losses fell to $972 million, less than half the $2.3 billion stolen during the first half of 2025.That split changes the security story. More protocols, tokens, and decentralized applications are being hit, but the losses that still define the year are concentrated in operational systems:…

In brief Taiwan’s Legislative Yuan passed the Virtual Asset Service Act in its third reading on June 30, sending it to President Lai Ching-te for promulgation. All virtual asset service providers must be licensed by the Financial Supervisory Commission before operating; stablecoin issuers need the central bank’s consent and FSC approval, and must hold full reserves in trust. Operating without a license can bring up to seven years in prison and fines of up to NT$100 million (about $3.1 million), while fraud or market manipulation carries three to 10 years. Taiwan has passed one of Asia’s most comprehensive crypto laws,…

In brief Andy Konwinski, who cofounded Databricks and Perplexity AI, argued this week that concentrating AI power is a safety risk in itself. The essay followed Open Frontier, a working meeting of roughly 100 researchers in San Francisco on June 30. Turing Award winner Yann LeCun replied directly on X, comparing today’s closed-lab AI moment to “medieval obscurantism akin to the Ottoman empire banning the use of the printing press for 200 years.” Perplexity AI and Databricks co-founder Andy Konwinski thinks the AI safety conversation has a problem: It’s being used to concentrate power, not prevent harm. Earlier this week,…

In brief Bitcoin deposits spiked to nearly 50,000 BTC per day in the last week, CryptoQuant said. The average size of deposits doubled to approximately 2 BTC, pointing to action from institutional and whale investors. Historically, this level of deposits has preceded sharp price volatility. Bitcoin deposits to centralized exchanges—often a precursor for sales—spiked in the last week as BTC fell below $60,000, according to data gathered by blockchain analytics firm CryptoQuant. Deposits of the top crypto asset reached nearly 50,000 BTC a day, hitting that mark for only the fourth time thus far this year. In all other instances, it…

In brief Forward Industries added more than 500,000 SOL during its fiscal Q3. The firm now holds around 7.55 million SOL, worth around $573 million as Solana trades above $76 on Wednesday. Shares in the firm have jumped double digits percentage points shortly after market open on Wednesday. Shares in leading Solana treasury firm Forward Industries have jumped nearly 17% to trade at $4.94 after the firm announced it acquired more than $38 million worth of Solana during its fiscal third quarter.The firm bolstered its treasury with more than 500,000 SOL at an average price around $79 and now maintains…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kraken is preparing to bring perpetual futures to U.S. traders through a regulated structure, a move that could reshape how domestic users access one of crypto’s most popular derivatives products. The exchange says the planned launch will use its Kraken Pro platform and the regulatory framework enabled by its Bitnomial acquisition. For U.S. users, that matters because perpetual futures have historically been easier to access offshore than through domestic regulated venues. For more details, visit the official Kraken platform. TL;DR Kraken is preparing CFTC-regulated perpetual futures for…

Riot Platforms’ reported 500 BTC movement to NYDIG Custody gives the market a live signal for how public miners may use coin treasuries as AI and data-center costs rise.PANews reported the July 3 transfer, citing on-chain monitoring data, and valued the movement at roughly $30.7 million. The available record supports a custody movement, but it does not show an executed sale or sale proceeds.That distinction makes the signal useful. Riot has already disclosed Bitcoin sales, restricted collateral, negative operating cash flow, and data-center expansion plans, so another large custody movement now lands as a capital-allocation marker rather than routine wallet…

In brief Crypto exchange ChangeNOW offers “fast, seamless crypto swaps with simplified onboarding.” The exchange’s “trading engine” acts as a middleman between users and exchanges, executing swaps from its own liquidity so customers never touch order books or fees, CSO Pauline Shangett explained. New features include private transfers, a Permanent Exchange Address, a crypto payment link and a prediction markets hub. Open ChangeNOW and a crypto swap looks like the simplest thing in the world: pick two tokens, send one, receive the other—a process the non-custodial exchange says usually completes within minutes, across more than 110 blockchains including ETH, BSC…