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THORChain is facing renewed scrutiny after concerns over how its decentralized infrastructure handled funds linked to North Korea. The network reportedly processed more than $200 million in transactions connected to DPRK-linked wallets, raising questions about how permissionless protocols should respond to potentially illicit activity. The controversy has put THORChain’s decentralized design back under the spotlight.

THORChain developers have argued that the protocol cannot simply block individual transactions because it operates without a centralized authority controlling transfers. Critics, however, say decentralized networks still need mechanisms to address clear risks involving sanctioned entities and stolen assets. The debate highlights the difficult balance between censorship resistance, security, and compliance as crypto infrastructure scales.

The issue could have broader implications for decentralized exchanges and cross-chain protocols that operate without traditional intermediaries. As regulators and institutions demand stronger controls, developers face increasing pressure to explain how permissionless systems can manage illicit flows without compromising their core architecture. Here’s what you need to know from today’s crypto market.☕

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Bitcoin’s network hashrate has fallen to a three-week low as miners reduce activity amid tighter profit margins. The decline comes as Bitcoin remains below recent highs, while rising energy costs and network difficulty put additional pressure on mining economics. Lower hashrate can signal that some miners are shutting down less-efficient machines or reducing their operations.

The shift comes as mining difficulty remains elevated, making it harder for miners to generate BTC profitably. Some miners are also selling portions of their Bitcoin holdings to cover operating costs, adding another potential source of market supply. At the same time, larger and more efficient mining operations continue expanding their share of the network.

The decline highlights how Bitcoin’s mining industry remains sensitive to price, energy costs, and network difficulty. If weaker profitability persists, smaller miners could face greater pressure while larger operators gain a larger share of network activity. Here’s what you need to know from today’s crypto market.☕

U.S. spot Bitcoin ETFs have recorded around $5.3 billion in net inflows since the U.S. Treasury announced plans to buy back up to $1 trillion in government debt. The buying streak has continued despite Bitcoin trading below its recent highs, suggesting institutional demand remains active. BlackRock’s IBIT accounted for a large share of the inflows, while other major funds also recorded strong demand.

The Treasury buyback plan is designed to improve liquidity in the government bond market by repurchasing older and less-liquid securities. Investors have interpreted the move alongside broader expectations for easier financial conditions, which can influence demand for risk assets such as Bitcoin. ETF flows have therefore become an important indicator of how institutional investors are positioning.

The sustained inflows highlight how Bitcoin ETFs are becoming a major channel for institutional exposure to the asset. If demand continues while macro liquidity improves, ETF activity could remain an important factor shaping Bitcoin’s market structure. Here’s what you need to know from today’s crypto market.☕

The attacker linked to the Bitget exploit has moved about 4 BTC through Wasabi Wallet’s CoinJoin service, according to blockchain security researchers. The transactions appear designed to make the stolen Bitcoin harder to trace by mixing funds with coins from other users. The hacker previously converted part of the stolen USDC into ETH after Circle froze a portion of the affected stablecoins.

The latest movements show how attackers can use privacy-focused tools after stealing digital assets. CoinJoin does not make transactions completely untraceable, but it can make blockchain analysis more difficult by combining multiple users’ inputs and outputs. Security firms are continuing to monitor the wallets and track where the stolen funds move next.

The incident highlights the ongoing challenge of recovering stolen crypto once attackers move assets across different networks and privacy tools. It also shows why exchanges, stablecoin issuers, and blockchain investigators increasingly rely on real-time monitoring to identify suspicious transactions. Here’s what you need to know from today’s crypto market.☕

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Michael Saylor has outlined a proposed “Bill of Digital Rights” focused on establishing clearer principles for the digital economy and Bitcoin ownership. His framework calls for rights including self-custody, open access to digital assets, privacy, and the ability to transact without unnecessary restrictions, while also emphasizing protection against

Kalshi has lost its latest appeal in a legal dispute over whether its prediction-market contracts can be regulated by state authorities, potentially setting up a future Supreme Court battle. The case centers on whether federal commodities law gives the platform exclusive regulatory protection or whether states can apply their own gambling laws to

Bitcoin climbed above $86,000 as U.S. spot Bitcoin ETFs recorded $193.3 million in net inflows, marking their fifth consecutive day of positive flows. Ethereum ETFs also posted $174.8 million in inflows, while ETH recovered above $4,000 as institutional demand strengthened across major assets.

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