Drift Contacts $280M Hacker, Banks Oppose Coinbase Charter

Today in crypto, community banking groups pushed back against the approval of Coinbase’s national bank charter, arguing that it falls short of the industry’s regulatory standards. Meanwhile, the fallout from the Drift Protocol exploit continues and the International Monetary Fund (IMF) said tokenization in finance removes friction but introduces risks. Community banks oppose Coinbase trust…

Read More

Solo Bitcoin Miner Wins $210K Block Reward

A solo Bitcoin miner secured a roughly $210,000 block reward on Thursday, proving that the so-called “mining lottery” is still paying out even if industrial operators dominate the network. The miner, connected to CKPool’s solo service, found block 943,411 and earned 3.139 BTC in subsidy and transaction fees, according to data from block explorer mempool.space….

Read More