Truebit's native token crashed roughly 99% after reports of a suspected $26 million exploit sent the price tumbling from about $0.16 to near zero, triggering market panic and intense scrutiny from crypto sleuths tracking the stolen funds.

The Truebit team issued statements promising security fixes and began investigating the breach while developers worked to patch vulnerabilities and restore confidence among investors.

The incident highlights the risks in decentralized finance—underscoring the need for stronger security, transparency, and investor due diligence when dealing with crypto projects.

Recovery remains uncertain, but the protocol's team says it is taking steps to harden systems and communicate next steps to the community. Investors remain cautious as the situation develops.

Industry representatives, organized by the Digital Chamber, met with lawmakers in Washington, D.C., ahead of a key markup on a major crypto market-structure bill.

Discussions focused on regulatory clarity, investor protection, market transparency, and the impact of DeFi and NFTs on the broader financial system.

The industry aims to build trust, attract institutional investment, and influence legislation that balances innovation with accountability and market integrity.

Global index provider MSCI has decided to continue including companies that hold digital assets in their treasuries in its indexes, reversing a trend of exclusion elsewhere. The move follows investor feedback and signals a careful, research-driven approach to classifying non-operating crypto firms.

This episode explains MSCI's rationale, the role of investor input, and what the decision could mean for broader market inclusion of crypto-related firms and future indexing practices.