CrediX, a decentralized finance (DeFi) protocol, recently recovered $4.5 million in stolen cryptocurrency after reaching a private settlement with the hacker responsible for the exploit. The breach occurred when attackers gained unauthorized access to CrediX’s multisig admin and bridge wallets, allowing them to mint collateral tokens, borrow against the protocol, and drain its liquidity.

Over $3.4 billion worth of Ethereum (ETH), representing at least 913,111 ETH or about 0.76% of the total circulating supply, has been permanently lost due to user mistakes and smart contract bugs. Major incidents contributing to these losses include the Web3 Foundation’s loss of 306,000 ETH from a Parity multisig wallet vulnerability, the defunct QuadrigaCX exchange locking 60,000 ETH in a faulty contract, and the Akutars NFT project burning 11,500 ETH during a failed mint.

After nearly five years of legal battles, Ripple and the U.S. Securities and Exchange Commission (SEC) have agreed to mutually abandon all appeals, officially ending their high-profile dispute over the sale of XRP. This decision follows a recent federal court ruling that rejected both parties’ attempt to reduce Ripple’s penalty and dissolve a permanent injunction.

Norwegian deep-sea mining company Green Minerals has announced a major move into the cryptocurrency space, launching a $1.2 billion Bitcoin Treasury Strategy. The company began by purchasing four Bitcoins, valued at around $420,000, as the first step in a broader plan to reduce its reliance on fiat currencies and hedge against inflation and geopolitical risks.

Taiwan-based cryptocurrency exchange BitoPro recently experienced a significant security breach, resulting in the theft of approximately $11.5 million worth of digital assets.

Russian investigators have reportedly seized approximately $8.2 million worth of cryptocurrency from a suspect accused of maintaining servers for Hydra, a notorious darknet marketplace.