Arcadia Finance Hacked: $3.5 Million Stolen and Laundered as WETH
Arcadia Finance, a decentralized finance (DeFi) protocol operating on the Base blockchain, has suffered a major security breach, resulting in the loss of approximately $3.5 million. The incident unfolded after attackers exploited a vulnerability in the platform’s Rebalancer smart contract, allowing them to drain funds from user vaults and convert the stolen assets into Wrapped […]
Hungary Now Imposes 2-Year Prison Sentence for Unauthorized Crypto Trading
Hungary has officially criminalized unauthorized cryptocurrency trading, introducing strict penalties that could see individuals face up to two years in prison for engaging in unlicensed transactions. This new law, which took effect from July 2025, is part of a broader effort by Hungarian authorities to tighten control over the fast-growing digital asset sector and prevent […]