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The EU is telling cryptocurrency hardware and software wallet providers that they have 24 hours from awareness to report actively exploited bugs or severe security vulnerabilities affecting their products.The measure is part of the EU’s Cyber Resilience Act (CRA), which took effect on Friday, according to an announcement from the European Commission.Manufacturers must submit an early warning for severe vulnerabilities within 24 hours, followed by a full notification within 72 hours. A final report will be required 14 days after corrective or mitigating measures are available and within one month for severe incidents.The EC said the new reporting requirements aim to better protect consumers and businesses from cyber threats. The measure extends to all products “with digital elements made available in the EU” and builds on the EU’s broader cybersecurity strategy.Cointelegraph has approached the European Commission for more details surrounding the cybersecurity measures.Related: German finance ministry proposes 25% crypto tax starting 2028: ReportFines could reach $17 millionCompanies that fail to adhere to the cybersecurity measures under Articles 13 and 14 may face an administrative fine of up to 15 million euros ($17.3 million) or 2.5% of worldwide annual turnover, depending on which figure is higher, according to the penalties section of the final draft.Supplying incorrect, incomplete or misleading information will also subject companies to an administrative fine of up to 5 million euros.Excerpt from Final Text, European Cyber Resilience Act. Source: European-Cyber-Resilience-Act.com The measure was revealed weeks after two popular hardware wallet providers disclosed user data breaches that could lead to phishing or social engineering attempts. On Sept. 4, hardware wallet provider Trezor revealed that an additional 67,000 US customers were at risk from the data breach suffered by its shipping provider, ShipMonk, exceeding the initially estimated 14,000 users.On Wednesday, Trezor and BitBox warned users about phishing emails disguised as urgent security notices after suspected compromises involving third-party email services.  In June, Layer-1 blockchain network Zilliqa warned that a vulnerability in the Zilliqa Ledger app could allow attackers to recover users’ private keys using publicly available onchain data.Cointelegraph has approached wallet makers Trezor and Ledger for comment on how wallet providers would comply with the new reporting requirements.Magazine: How Hong Kong is turning tokenized bonds into real market infrastructure

Cross-chain liquidity protocol Symbiosis said it recovered 15 Bitcoin, worth around $1.1 million, from a Bitcoin bridge exploit it suffered Friday.Symbiosis said it recovered 15 Bitcoin (BTC) into a team-controlled multi-sig wallet and clarified that all routes remain operational, according to a Friday X post. The exploit affected Symbiosis’ native Bitcoin bridge, which remains paused.The attacker’s address minted 46.1 billion unbacked tokens from the protocol’s Bitcoin bridge but realized net proceeds of 4.3 Wrapped Bitcoin (WBTC), worth $336,000, according to blockchain security company Blockaid, which flagged the exploit on Friday. The protocol has not specified how the recovered Bitcoin relates to the $336,000 in proceeds attributed to the attacker.Symbiosis is now offering a 20% bounty to anyone who provides information that leads to asset recovery. The protocol initially offered a 20% white-hat bounty for the attacker to return the funds, but the deadline expired on Sunday. The protocol said it will reveal a compensation framework for affected liquidity providers.DefiLlama clocked around $336,000 lost in the exploit, but the protocol has yet to disclose its final accounting of losses incurred.Bridge exploits continue testing DeFiIn June, Secret Network suffered an “infinite mint” exploit that drained about $4.6 million from the protocol.In May, the Verus-Ethereum bridge was drained in a forged cross-chain transfer exploit for 5,402 Ether, then worth about $11.6 million. The hacker returned 75% of the stolen funds and kept about 1,350 Ether, or $2.8 million, a day after the protocol offered it a 25% white-hat bounty.Related: Anthropic says Claude used for cyberattacks and surveillanceCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Cross-chain liquidity protocol Symbiosis said it recovered 15 Bitcoin, worth around $1.1 million, from a Bitcoin bridge exploit it suffered Friday.Symbiosis said it recovered 15 Bitcoin (BTC) into a team-controlled multi-sig wallet and clarified that all routes remain operational, according to a Friday X post. The exploit affected Symbiosis’ native Bitcoin bridge, which remains paused.The attacker’s address minted 46.1 billion unbacked tokens from the protocol’s Bitcoin bridge but realized net proceeds of 4.3 Wrapped Bitcoin (WBTC), worth $336,000, according to blockchain security company Blockaid, which flagged the exploit on Friday. The protocol has not specified how the recovered Bitcoin relates to the $336,000 in proceeds attributed to the attacker.Symbiosis is now offering a 20% bounty to anyone who provides information that leads to asset recovery. The protocol initially offered a 20% white-hat bounty for the attacker to return the funds, but the deadline expired on Sunday. The protocol said it will reveal a compensation framework for affected liquidity providers.DefiLlama clocked around $336,000 lost in the exploit, but the protocol has yet to disclose its final accounting of losses incurred.Bridge exploits continue testing DeFiIn June, Secret Network suffered an “infinite mint” exploit that drained about $4.6 million from the protocol.In May, the Verus-Ethereum bridge was drained in a forged cross-chain transfer exploit for 5,402 Ether, then worth about $11.6 million. The hacker returned 75% of the stolen funds and kept about 1,350 Ether, or $2.8 million, a day after the protocol offered it a 25% white-hat bounty.Related: Anthropic says Claude used for cyberattacks and surveillanceCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Senate Republicans on Sunday released revised text of the CLARITY Act aimed at swaying Democrats ahead of a procedural vote on Tuesday, featuring major changes to rules relating to government officials’ involvement with digital assets.The 635-page proposal, released by US Senate Banking Digital Assets Subcommittee Chair Cynthia Lummis alongside Chairmen John Boozman and Tim Scott, also includes changes to the Blockchain Regulatory Certainty Act (BRCA) and provisions governing stablecoin yield. Lummis said the new ethics provisions had been agreed to by US President Donald Trump. “After a year of intense daily bipartisan negotiations, this bill is ready,” she said. “President Trump voluntarily agreed to unprecedented ethics restrictions, holding every federally elected official, judge, and their spouses to some of the toughest ethics restrictions in US history.”The new bill text comes just two days before a procedural vote on the CLARITY Act on Tuesday at 2:15pm ET, which will determine whether the Senate can advance the bill toward floor consideration. The proposal has been described as a final offer on the bill, a Republican aide told reporters on Sunday.Key changes in final CLARITY Act text Lummis said the final bill text reflects a year of bipartisan negotiations and 126 changes made at the request of Democrats. The revised ethics rules would allow state attorneys general to enforce bans on federal officials issuing, sponsoring or holding significant financial interests in digital assets, and on exchanges listing assets in violation of those bans. Covered individuals would also be required to divest significant financial interests or place them in a qualified blind trust. Violations would carry civil penalties of $500,000 or 20% of the amount received in the prohibited transaction, whichever is greater, with the ethics provisions taking effect 360 days after enactment, or sooner if implementing regulations are finalized.Related: Treasury Secretary Bessent urges CLARITY Act passage after Senate returnsOn stablecoins, the Treasury Secretary would be required to introduce rules restricting rewards if they determine that community banks are losing deposits on a substantial scale, though the authority would expire 18 months after the bill becomes law. Meanwhile, the revised BRCA would retain protections against treating developers as money transmitters or financial institutions under the Bank Secrecy Act and extend the protections to miners and validators, which were previously excluded. It would also remove references to Section 1960 of Title 18 of the US Code, which relates to the prohibition of unlicensed money transmitting businesses.  Other changes would strengthen safeguards around affiliate trading and conflicts of interest at digital commodity exchanges, brokers and dealers, and clarify how consumer protection laws apply. While still comparatively low, Polymarket odds for the CLARITY Act passing this year reached 35% on Monday, its highest level since late July. Magazine: Crypto’s biggest week ever? Swarm fears prompt AI slowdown: Hodler’s Digest

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Anthropic CEO Dario Amodei said in a blog post on Saturday that the speed of AI development is too fast and that left unchecked it may “outrun our ability to understand and control these systems.”He noted that AI’s current blistering advance is being driven by its own increasing ability to build the next generation of AI, or recursive self-improvement.Amodei also cited the OpenAI-Hugging Face incident in July, in which a swarm of agents acted as a “fanatically devoted collective,” breaking out of their testing environment and attempting to hack into a grader evaluating their performance.He said he worries that in six to 12 months, such a swarm might be capable of taking over the entire internet. Amodei is not alone in his anxieties.Elon Musk, head of SpaceXAI, posted on X that “Dario is right.”Altman will not launch IPO this year, focus on safetyOpenAI CEO Sam Altman said in an interview with Fortune published on Saturday that his company would not seek an IPO this year because it will focus on safety and how “the industry and governments can work together.”Altman later posted on X that he agreed on slowing the pace of AI development and having independent evaluators with employee-like access, one of three proposals put forth in Amodei’s blog.Anthropic has unilaterally committed to this step already, Amodei wrote.Secondly, he proposed that “frontier AI companies within democratic countries coordinate to establish common safety standards as well as limits on the rate of unchecked AI progress.”Related: OpenAI says AI models escaped containment to hack Hugging FaceAnd thirdly, he said that the US and other democratic governments should “attempt to coordinate with authoritarian governments, to the extent this is possible, while taking seriously the challenges of verifying compliance.”Amodei went on to explore his three proposals in some depth, particularly the third, regarding China and preventing it from obtaining advanced chips.He concluded that the course he had plotted would not be easy, but that the AI companies “owe it to humanity to try.” Magazine: Is Bitcoin too volatile to risk your retirement on?

Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

North Korea (DPRK) is now using remote workers from third countries, including Iran and Lebanon, to aid its efforts to infiltrate US companies and obtain money to fund its weapons programs, NBC reported on Friday.An alert issued in July by the US government and several foreign agencies said North Korean IT workers “seek out contracts with the intent of remitting their salaries to their parent North Korean agencies. They also pose an insider threat to companies and are involved in data exfiltration, cryptocurrency theft, and theft of sensitive information.”As the US and other governments have moved to counter North Korea’s efforts, the DPRK has turned increasingly to third-country IT workers to pass job interviews, the report said. After work contracts are obtained, the positions are usually taken over by North Korean operatives.NBC reported that foreign IT workers had been scouted on LinkedIn, with some offered $500 monthly in cryptocurrency to work part-time as “interview associates.”Related: Consensys unknowingly outsourced developer work to North KoreanThe DPRK’s increasingly sophisticated tactics may be meeting with some success.Cointelegraph reported in May, citing cybersecurity company CrowdStrike, that North Korean state-affiliated hackers and threat actors were responsible for more than $2 billion in crypto losses in 2025, a 51% year-on-year increase.The Bank of Korea estimates North Korea’s GDP increased 3.5% in 2025 in spite of global sanctions.Magazine: Bitcoin adoption metrics say one thing, price action says anotherCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Ben Delo, a British crypto billionaire, gave 36 million pounds ($49 million) to Nigel Farage’s Reform UK in the biggest donation ever made to a British political party, the DPA and other media reported on Saturday.Delo, who co-founded the BitMEX cryptocurrency exchange, said he had given the money to ensure a “fair fight” at the polls.Farage said: “I am honored and humbled that Ben Delo has shown such confidence in Reform. … Ben knows that we are the only party that can turn the country around and reverse Britain’s decline.”Delo was previously the second-biggest donor to Reform UK behind billionaire Christopher Harborne, who gave 9 million pounds to the party last August.Cointelegraph reported last month that Farage was under investigation after receiving millions of dollars’ worth of donations and gifts from two figures tied to the crypto industry: Harborne and George Cottrell.Related: UK politicians mull permanent crypto donation ban in wake of Nigel Farage scandalThe UK lawmaker resigned his position as a member of Parliament in July amid the crypto scandal, triggering a controversial by-election that Farage won with 63% of the vote, ahead of satirical candidate Count Binface.The contributions tied to the crypto industry have raised questions from many lawmakers about the influence of digital assets on UK politics.In July, Labour MPs were reportedly considering that a moratorium on crypto donations announced in March, pending legislation, be made permanent in response to what Farage called “gifts” from Harborne and Cottrell.The Telegraph newspaper said the 36 million pound donation represented 1 million pounds each month until a general election in 2029, but Delo made the entire payment up front to prevent it from being blocked.Cointelegraph previously reported that Delo was one of three BitMEX co-founders who pleaded guilty to federal charges in the US related to violations of the Bank Secrecy Act.While he agreed to pay a $10 million fine in 2022, Delo did not serve time in prison. He and his colleagues Arthur Hayes and Samuel Reed received a pardon from US President Donald Trump in March 2025.Magazine: Trading stocks against BONER is the latest trend for DeFi degensCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.