The UwU Lend protocol, which recently suffered a $20 million exploit, is once again under attack, with hackers stealing an additional $3.7 million from various asset pools. The ongoing exploit occurs as the protocol attempts to reimburse victims of the previous hack.
Bitcoin prices rise as the May Consumer Price Index report reveals a slowdown in inflation to 3.3% year-over-year, raising expectations for potential interest rate cuts by the Federal Reserve later this year.
As the UK heads into a snap election, the crypto industry is focusing its lobbying efforts on the Labour Party, which holds a significant lead in polls and could shape the future of digital asset regulation in the country.
An EU report raises concerns about Bitcoin's Lightning Network and privacy coins complicating law enforcement efforts in tracing illicit crypto transactions.
ZKSync is set to airdrop 17.5% of its ZK token supply to 695,232 eligible wallets starting next week, with the majority of tokens allocated to the project's community and ecosystem initiatives.