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Bybit restructures executive team following $26M airdrop fiasco

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Bybit confirmed internal role changes for several executives following a botched airdrop that affected 320,000 users and led to a $26 million compensation payout.

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Warren claims SEC’s Atkins likely misled Congress over enforcement data

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SEC chair Paul Atkins is under fire from Senator Elizabeth Warren, who says he “may have been deliberately trying” to mislead Congress about the agency’s enforcement activity.

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Coin Market

Kelp restaking platform exploited, $293M drained in attack

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The attack caused a “cross-protocol contagion” that has impacted at least nine crypto protocols, blockchain security firm Cyvers said.

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Solana futures open interest rose by 20% this week: Is $100 SOL next?

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SOL’s steady recovery alongside the wider crypto market has traders debating whether $100 could be the next stop for the altcoin.

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