2-27
Foom.Cash exploit drains 24.28T FOOM tokens and about $2.26M across Ethereum and Base
On February 26 2026, Foom.Cash, an Ethereum-based privacy protocol promoted as an evolution of Tornado Cash, suffered an exploit that led to losses of roughly $2.26 million in tokens. An attacker allegedly abused a misconfigured Groth16 zkSNARK verifier across Ethereum and Base, enabling forged proofs that drained 24.28 trillion FOOM tokens, with about $427,000 taken by the exploiter and around $1.83 million shifted in a white-hat rescue. The team has not yet publicly outlined remediation steps or the full impact.
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2-27
2-27
US House lawmakers push bill to protect non-custodial blockchain developers
On Thursday, Representatives Scott Fitzgerald, Ben Cline and Zoe Lofgren introduced the Promoting Innovation in Blockchain Development Act to curb prosecutions of developers without custody or control of others' crypto assets by narrowing Section 1960. The Blockchain Association and the DeFi Education Fund backed the proposal, which they say could influence cases involving Roman Storm and Samourai Wallet.
2-27
2-26
Telegram Wallet Enables On-Chain Yield Vaults for Bitcoin, Ethereum and USDT in February 2026
On 26 February 2026, Wallet in Telegram launched on-chain yield vaults for Bitcoin, Ethereum, and USDT within its messaging app. The update extends the Earn section with DeFi strategies, including a USDT vault that currently advertises up to 18% annualized returns and builds on earlier TON staking and Affluent protocol integrations. The rollout follows recent cross-chain deposit support and adds to a growing roster of supported assets and wallet options.
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BTC
BTC+6.43%
2-26
2-26
OCC unveils GENIUS Act stablecoin rule on 26 February 2026 and opens public feedback
On 26 February 2026, the U.S. Office of the Comptroller of the Currency published a proposed rule under the GENIUS Act to set prudential standards for payment stablecoin issuers under its oversight. The draft framework covers permitted U.S. and certain foreign issuers, as well as related custody activities, while leaving BSA, AML, and OFAC requirements to be handled separately with the Treasury. Public comments on the proposal are expected to guide the final rules that will shape how stablecoins operate within the U.S. banking system.
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2-26