📈 Goldman Sachs Acquires Neos for $2.25B, Adding Crypto ETFs
Goldman Sachs has agreed to acquire Neos Investments for up to $2.25 billion, expanding its asset management arm into crypto ETF products.
The deal adds three Bitcoin and Ethereum options-income ETFs to Goldman's portfolio, with those funds collectively managing more than $1.1 billion in assets.
The U.S. Office of the Comptroller of the Currency (OCC) has signaled it is "open for business" for crypto companies seeking federal bank charters, with top crypto firms already receiving conditional approval from the federal banking regulator.
The move marks a significant shift in the regulatory posture toward crypto-native institutions, allowing qualifying firms to pursue full federal banking licenses rather than relying solely on state-level money transmission frameworks.
🔐 Coreum XRPL Bridge Drained of 200,000 XRP in Exploit
The Coreum XRPL Bridge was exploited for approximately 200,000 XRP — roughly $200,000 — after an attacker abused a flaw in the bridge's deposit verification process.
The exploit allowed the attacker to create fake deposit transactions that were never actually executed on-chain, draining 99.7% of the bridge's XRP reserve. The vulnerability stemmed from insufficient validation of deposit events before the bridge credited funds.
The Coreum team has since acknowledged the breach. The incident adds to a growing list of cross-chain bridge exploits, which remain one of the most targeted attack surfaces in the DeFi ecosystem.
🔐 Attacker drains 200K XRP from bridge via fake deposit
An attacker exploited a cross-chain bridge by submitting a fraudulent deposit, draining 200,000 XRP in the process.
The stolen funds were subsequently converted to ETH, routed through THORChain, and ultimately sent to Tornado Cash — a common laundering path used to obscure on-chain fund flows following security incidents.
🟣 MoneyGram launches cash-to-crypto Ramps on Solana
MoneyGram has gone live with its Ramps service on Solana, connecting wallets and apps on the blockchain directly to the company's global cash network.
Rift is the first Solana wallet to integrate the service. Cash-in is currently available in 25 countries, and developers must add their domain to a MoneyGram allowlist before accessing the on-ramp. The launch extends Ramps beyond its previous blockchain integrations as MoneyGram continues expanding its crypto payments infrastructure.
🟠 Keel shuts all U.S. Bitcoin mining as losses hit $141M
Keel, formerly known as Bitfarms, has completed the shutdown of its entire U.S. Bitcoin mining operation, leaving the company with no active domestic mining business.
Revenue halved over the reporting period while the operating loss reached $141 million. The company has no signed data center tenant and $819 million in liquidity now depends on the outcome of three separate sets of lease negotiations.