The Grinex cryptocurrency exchange, linked to Russia, has suspended its operations following a significant cyberattack that resulted in a loss of approximately $13 million. The exchange's management attributed the breach to a state-backed hacking group, highlighting the ongoing risks faced by digital platforms in the volatile crypto environment. This incident raises concerns about the security of cryptocurrency exchanges and the increasing involvement of state actors in cybercrime. Grinex's decision to halt operations underscores the urgent need for enhanced security measures in the industry to protect users and their assets.

Quarterly transactions hit 200.4 million in Q1 2026, the first time above 200 million and more than double the 2023 lows. Source: CoinDesk

A bitcoin indicator based on key moving averages has accurately marked every bear market bottom since 2015. That signal hasn’t fired yet. Source: CoinDesk

Bitfinex plans to use the returned coins to redeem all Recovery Right Tokens and devote at least 80 percent of remaining net proceeds to repurchasing and burning its UNUS SED LEO token. Source: CoinDesk

Token outperforms bitcoin and ether over seven days, though thinning participation signals consolidation rather than conviction. Source: CoinDesk

Funding rates at 2023 lows signal the market is heavily short against bitcoin, ZeroStack’s Daniel Reis-Faria says, setting up conditions for a forced unwind if prices push higher. Source: CoinDesk