Morning Edition · Monday, July 13, 2026Published at 1:24 AM EDT · New York
Seized Crypto Moves From a Prisoner's Wallets, and a DeFi Loss Roundup
The US Justice Department secured a forfeiture order but not the private keys, and coins moved to unknown wallets, while the security tracker Rekt records another series of protocol losses.
A convicted scammer's supposedly seized cryptocurrency moved to unknown wallets while he was in prison, after the US Justice Department obtained a forfeiture order but failed to take control of the private keys, CryptoSlate reported. The ca…
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Part of a tracked trend
Bridge and Mint Exploits Sustain Heavy DeFi Losses
Over 3-6 months, recurring bridge proof-validation and unauthorized-mint exploits keep monthly DeFi losses elevated, including drains of deprecated contracts.
More from this edition
- Cantor and Adam Back Abandon Original Terms of 30,021-Bitcoin Treasury Merger
- Forged Oracle Signature Drains $9.05 Million From Hedera's Largest Lender
- Bitcoin's BIP 110 Anti-Spam Fork Nears Its Deadline With Zero Miner Support
- Privacy Layer-2 Networks Reframe Confidential Execution as an Institutional Requirement
- Ethereum Researchers Probe Sybil Attacks on a Proposed Censorship-Resistance Design
- Stablecoin Supply Contracts About $10 Billion From May Peak
- Japan Pairs State Web3 Backing With Its First Point-of-Sale Stablecoin Trial
- Interpol Traces $122 Million Through a Single Wallet in Global Fraud Sweep
- Draft of the Clarity Act Said to Be Near, but Obstacles Remain
- Bitcoin Holds Near $63,800 as Fourth Round of US Strikes on Iran Moves Other Markets
- Ripple's CEO Says the Company Once Weighed Shutting Down and Handing XRP to Shareholders