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🔐 Term Labs vault exploit drains estimated $8.5M

Term Labs is investigating a governance exploit that drained approximately $8.5 million from its vaults, according to estimates from security firms.

The protocol confirmed it is actively looking into the incident. No further details on the attack vector or affected users have been disclosed at this stage.

DeFi users with funds in Term Labs vaults should monitor official channels for updates and exercise caution until the investigation concludes.

Source

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🔐 1,082 BTC Stolen Across Multiple Addresses in 41 Minutes

Over 1,000 Bitcoin was swept from multiple addresses in a rapid security breach lasting just 41 minutes, according to reports.

The attack drained 1,082 BTC across several addresses in a highly coordinated move. The incident appears linked to Coldcard, a hardware wallet commonly used for cold storage.

Hardware wallet users should review their security setups and monitor official channels for guidance as details continue to emerge.

Source

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⚖️ Justin Sun's claims against World Liberty stay in open court

A federal judge has rejected World Liberty Financial's bid to move Justin Sun's lawsuit into private arbitration and seal the proceedings, keeping the case in public view.

Sun's individual claims will continue in open court after the court denied the attempt to compel arbitration. The ruling is a procedural development, not a ruling on the merits of Sun's allegations against World Liberty Financial.

The case draws attention given World Liberty Financial's ties to prominent figures in the crypto space, making its public proceedings a matter of broader industry interest.

Source

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📊 $1.7B Liquidated as Crypto Market Drops $108B in Six Minutes

The crypto market suffered its sharpest flash crash since October 2025, erasing $108 billion in total market cap within six minutes. The total value fell from $2.68 trillion to $2.55 trillion as selling pressure intensified.

Over $1.71 billion in positions were liquidated across the market, with Bitcoin, Ethereum, and XRP among the hardest-hit assets. Altcoins also took significant losses during the rapid move.

Flash liquidation events of this scale highlight the leverage risk embedded in crypto markets, where sharp price moves can trigger cascading forced sells within minutes.

Source

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🔐 The Sandbox hit by breach, 500M SAND minted

The Sandbox has suffered a security incident in which over 500 million SAND tokens were minted without authorization, triggering warnings from cryptocurrency exchanges.

The scale of the unauthorized minting is significant given SAND's circulating supply, and exchanges have moved to alert users about potential risks tied to the incident.

Users holding or trading SAND should monitor official channels from The Sandbox and exchange platforms for further guidance as the situation develops.

Source

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Didn't have time to catch up this week? Here's everything that matters in 2 minutes.
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🚀 Crypto market explodes
Bitcoin back above $79,000, up over 10% in 24 hours, with XRP surging nearly 19%.
👉 Read more
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🏛 BlackRock adds $1.1B in Bitcoin and Ethereum
The world's largest asset manager bought $852M in BTC and $316M in ETH in a single round.
👉 Read more
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🏦 BitMart users demand proof of funds
Users and staff issued an ultimatum over $10M in frozen withdrawals as the exchange's shutdown drags on.
👉 Read more
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🟠 Dormant wallets move 1,214 BTC after 11 years
$86M moved from long-inactive addresses as Bitcoin hit a weekly high, a signal watchers tie to selling pressure.
👉 Read more
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🔐 France tax breach exposes 678,000 crypto holders
Leaked data could serve as a targeting list amid a rise in violent "wrench attacks" on crypto holders.
👉 Read more

🏛 BlackRock adds $1.1B in Bitcoin and Ethereum

BlackRock acquired $852 million in Bitcoin and $316 million in Ethereum, bringing its total crypto purchases in this round to over $1.1 billion.

The acquisitions reflect continued institutional accumulation of the two largest digital assets by market cap.

Moves of this scale from the world's largest asset manager are closely watched as a signal of sustained institutional appetite for crypto exposure.

Source

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