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Unauthorized eBTC Mint Pressures Echo Token and DeFi Markets
Echo Protocol paused cross-chain transactions after an attacker minted roughly 1,000 unauthorized eBTC on its Monad deployment. While the unauthorized supply was valued near $76.7 million, researchers said the realized extraction appeared far smaller. The incident has renewed scrutiny around DeFi bridge security and privileged access controls.
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EU Activates DAC8: Crypto Tax Reporting Rules Take Effect in 2026
The EU has activated DAC8, extending tax reporting rules to crypto activity facilitated by intermediaries. The directive standardizes how crypto data is collected and shared across member states from 2026.
You’re in Crypto. Whether You Like It or Not
Even if you avoid buying Bitcoin, your index funds might not. Major indexes like the S&P 500, Nasdaq, and MSCI now include companies tied to crypto, giving passive investors indirect exposure without their explicit consent.
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