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DOJ opens probe into Coinbase breach involving bribed overseas staff: report

The U.S. Justice Department has reportedly launched a criminal investigation into a recent breach at Coinbase involving bribed overseas staff and a $20 million ransom demand. U.S. authorities have launched a criminal investigation into how hackers managed to steal sensitive user data from Coinbase by bribing overseas support staff, Bloomberg has learned, citign a person…

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Anza proposes Alpenglow consensus mechanism for faster finality on Solana

Anza, a Solana-focused blockchain infrastructure firm, has proposed a major overhaul to Solana’s core protocol with the introduction of a new consensus mechanism dubbed Alpenglow. According to a May 19 blog post, Anza described Alpenglow as the “biggest change” to Solana’s architecture since its inception, calling it a “turning point for Solana.” The protocol would…

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SEC delays decision on Solana ETF applications

The U.S. Securities and Exchange Commission has delayed its decision on four proposed Solana exchange-traded funds, including filings from Bitwise, 21Shares, VanEck, and Canary.  The announcement, shared on a May 19 filing, indicates that the agency will “institute proceedings” to assess whether the ETF proposals meet regulatory standards. This procedural move allows the SEC to…

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