Term Labs Governance Exploit | EU Bans 11 Crypto Platforms | AI Agents Choose Stablecoins | Daily Crypto Roundup.

Kraken

Ledger

NordVPN

Spotify

Term Labs has confirmed a governance exploit affecting its lending vaults, while security investigators estimate that approximately $8.5 million in cryptocurrency was removed. The final loss, affected contracts and reimbursement position remain unconfirmed.

Also covered: European Union transaction bans taking effect against 11 named crypto platforms, stablecoins emerging as the leading payment method for artificial-intelligence agents, Hyperliquid outperforming the largest cryptocurrencies and Bitcoin continuing to test the strength of its breakout below $80,000.

Listener question: Does a governance exploit worry you more than a smart-contract bug because the attacker can make malicious actions appear authorized?

Final day — 30 XRP offer: New Kraken users who register through our link above and complete their first qualifying trade by the end of Sunday, August 23, 2026, can receive 30 XRP from Crypto News Today while our available allocation lasts. Message us after completing the qualifying steps so we can verify eligibility. One reward per eligible person. Regional restrictions and qualifying conditions may apply.

This is not financial advice. Crypto trading involves risk of loss.

Affiliate link — we may receive commission.

More cryptocurrency news and analysis: CryptoNewsToday.io

#TermLabs #DeFi #CryptoExploit #Ethereum #Bitcoin #Hyperliquid #Stablecoins #USDC #ArtificialIntelligence #CryptoRegulation #CryptoNews #DailyCryptoRoundup