According to an official Bisq announcement, the protocol was attacked due to a lack of verification mechanisms, resulting in the theft of approximately 11 BTC, which was involved in altcoin transactions. The attackers exploited a negative miner fee vulnerability to transfer funds through multisignature transactions. Bisq is discussing a compensation plan, with victims able to choose between Bitcoin or BSQ tokens. The plan requires a DAO vote and is expected to be finalized after May 25th. The official Bisq has fixed the vulnerability and plans to release a patch and strengthen codebase security reviews. Users are also advised to reduce the amount of BTC stored in their wallets. Bisq stated that the incident is under control and hopes to serve as a security warning to other projects.😱😱😱

According to The Crypto Times, the Himachal Pradesh High Court in India has rejected Abhishek Sharma's bail application. Sharma is suspected of involvement in a cryptocurrency MLM scam involving over 80,000 investors, resulting in losses of approximately 500 million rupees, with an investment pool size of 2 billion rupees. The scam used fake platforms such as Korvio, Voscrow, DGT, Hypenext, and A-Global, promising doubled returns and attracting investors with small early payments. However, payments ceased on December 25, 2021, and users were redirected to other platforms, ultimately with no returns paid.🙊🙊🙊

Patrick Witt, a digital asset advisor at the White House, stated that updates regarding the strategic Bitcoin reserve will be released in the coming weeks. Speaking at Consensus Miami 2026, he mentioned the recent vulnerability in digital assets held by U.S. Marshals and U.S. Attorneys' Offices, emphasizing the need to protect federal crypto assets. Witt did not disclose the size of the federal crypto asset reserve, stating that the reserve needs to be established through legislation, mentioning Senator Cynthia Lummis's BITCOIN Act and related proposals by Representative Nick Begich.🙊🙊🙊

According to BusinessWorld, the Central Bank of the Philippines (CBNP) is warning the public to avoid transacting with unauthorized Virtual Asset Service Providers (VASPs) due to potential risks such as fraud, security vulnerabilities, and operational malfunctions. The CBNP points out that these platforms lack legal recourse and consumer assistance mechanisms, and may also be involved in false advertising, improper handling of private keys, cybersecurity, and data privacy issues. Furthermore, access to illegally operating platforms may be restricted due to enforcement actions. The CBNP stated that it will cooperate with the Securities and Exchange Commission (SEC), the National Telecommunications Commission (NTC), and other agencies to restrict user access to unauthorized VASPs and advises consumers to transact only with licensed institutions to protect personal information and cybersecurity.🙊🙊🙊

Crypto.com announced that its UAE entity, Foris DAX Middle East FZE, has received a stored value facility license from the Central Bank of the UAE, becoming the first virtual asset service provider to receive this license. Crypto.com will collaborate with the Dubai Ministry of Finance to support UAE residents in paying for government services using crypto assets. Funds will be settled in UAE dirhams or dirham stablecoins approved by the Central Bank, and plans are underway to integrate crypto payments with Emirates Airlines and Dubai Duty Free.🙊🙊🙊

According to CryptoQuant analyst Darkfost, published on the X platform, the altcoin market has recently shown signs of recovery despite the ongoing US-Iran conflict and inflationary pressures. After a correction of over 50%, the altcoin sector is gradually regaining activity. Currently, there are approximately 51 million altcoins on the market, with 46% deployed on Solana, 36% on Base, and 10% from the BNB Smart Chain. The overall performance of altcoins listed on Binance has recovered to levels seen since September 2025, with approximately 21% regaining their 200-day moving average, compared to only 2% in February of this year. Darkfost believes market interest in altcoins is rebounding, but it is still too early to conclude that an altcoin season has begun, as liquidity remains limited.😳😳😳😳