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Andean Medjedovic faces make-or-break manhunt after $65m DeFi hacks

A 22-year-old Canadian accused of draining $65m from KyberSwap and Indexed Finance vanished from Serbian custody after a globe-spanning manhunt and stalled extradition. Summary Prosecutors say Medjedovic used leveraged trades to drain ~$16.5m from Indexed Finance and later exploited KyberSwap for $48.8m.​ Authorities tracked his movements through Europe, the Middle East, and South America before…

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OSL Group faces expansion push after $200m stablecoin funding

OSL Group raised $200m to scale institutional stablecoin trading, payments products, and licensed acquisitions, doubling down on compliance-first digital asset infrastructure. Summary Hong Kong–listed OSL closed a $200m equity round to fund global expansion in stablecoin trading and digital payments.​ The firm will target licensed trading and payment acquisitions while investing in core tech and…

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Ethereum price faces uncertainty as Foundation faces 5‑year ‘mild austerity’ pivot

Ethereum Foundation adopts a five‑year “mild austerity” plan, reallocating 16,384 ETH and refocusing on core protocol, privacy, and open, verifiable systems. Summary Vitalik Buterin confirms withdrawal of 16,384 ETH to fund long‑term core Ethereum development under a leaner structure.​ The Foundation will run a five‑year “mild austerity” program to preserve independence while prioritizing scalability, security,…

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