Court Lets Arbitrum Dao Transfer $71M in ETH to Ave, North Korea-Tied Hack
A Manhattan federal judge has allowed Arbitrum Dao to move $71 million in frozen Ether to Ave, paving the way...
Benito Santiago
Peter Thiel-backed bullish transfer agent Equity signs $4.2 billion deal
Bullish, the institutional-grade digital asset exchange backed by Peter Thiel, is to buy Equinity, a global transfer agent and official...
MegaETH Foundation completes first MEGA purchase using USDm rewards
TLDR The MegaETH Foundation completed its first MEGA purchase on May 7, using USDm of net rewards through April. The...
OpenTrade Raises $17M to Push Stablecoin Product to Fintech and DeFi
OpenTrade has raised $17 million in a strategic funding round to expand its stablecoin profit base amid growing demand for...
MegaETH Launch Token Repurchase Program Powered by USDm Stablecoin Product
Key highlights MegaETH has introduced a token buyback initiative funded by USDm stablecoin earnings. Following the fall in prices, USDm...
Venezuela Approves Crypto Mining Ban As Energy Demand Hits 9-Year High
Key receiversOn May 7, the high demand of 15,579MW prompted Venezuela to repeat the bitcoin mining ban measures.The ban will...
Zcash’s value has soared as traders turn to privacy-oriented cryptocurrencies.
Privacy-focused cryptocurrency Zcash (ZEC) has surged more than 70% in the past week as crypto traders pay more attention to...
Bitcoin’s strength continues as Altcoins remain under clear pressure
Key Points:-Bitcoin needs to hold above $78,000 to avoid a trend reversal and return to $80,000 as resistance. Altcoin buyers...
Ethereum Liquid Staking Expands As EEA Deploys Treasury With Lido Model
TLDR EA has deployed its treasury ETH in Lido, maintaining liquidity and exposure by accepting stETH. Ethereum's liquid inventory verifier...
Kelp DAO exploitation calls for DeFi protocols to rethink blockchain providers
The Solv protocol and other Diffie projects are being migrated to Chainlink infrastructure after spending $293 million on third-party bridging...
Mantle Tokenholders Back Aave Credit Facility After rsETH Exploitation
Mantle tokenholders have backed a proposal that would allow up to 30,000 Ether (ETH) worth of a $68 million credit...
Kelp DAO Fallout Solv, pushes DeFi protocols to Chainlink
Decentralized financial protocols are re-evaluating the security of blockchain oracle providers after last month's $293 million Kelp DAO exploit. Citing...
Tether to cap $500M in USDT in 30 days, Blocksec data shows
Data from BlockSec's USDT Freeze Tracker shows that Tether has frozen more than $514 million in USDT in Ethereum and...
Hut 8 stock is up nearly 35% after $9.8B AI data center lease
Hut 8 shares soared 35 percent on Wednesday after announcing a 15-year, $9.8 billion lease for the first phase of...
Ethereum Bears Target $1,800 ETH Price: Here Is Why
Ether's (ETH) price has retraced by over 5.6% to $2,275 after being rejected by resistance at $2,400. Now, multiple data...
Mantle Tokenholders Back Aave Credit Facility After rsETH Exploitation
Mantle tokenholders have backed a proposal that would allow up to 30,000 Ether (ETH) worth of a $68 million credit...
KelpDAO Hack Fallout to Chainlink CCIP migration pushes another DeFi protocol
Chainlink CCIP just confirmed another major DeFi migration. Bitcoin-focused DeFi platform Solv has announced that it will be moving to...
Altcoins are pulling, but the data says Altseason is not coming.
A number of altcoins have posted impressive performances over the past week. TonCoin (TON) emerged as the strongest mover among...
As Wall Street piles on, Kalshi closes at $1 billion at a $22 billion valuation.
Prediction markets platform Kalshi closed a $1 billion funding round at $22 billion in Coatue with backing from Sequoia Capital,...
Quantum patenting also adds headaches
Blockchain protocols designed for quantum computing risk must consider how to quickly verify ownership of the blockchain if funds are...
BitMine plans to delay ETH purchases to a 5% supply target
TLDR BitMine may delay Ethereum purchases as it nears its 5% supply target. Chairman Tom Lee said that the company...
BNY to Launch Institutional Bitcoin, Ethereum Escrow for Investors in UAE
BNY has partnered with Abu Dhabi FinStreet and ADI Foundation to develop institutional digital asset protection services for clients in...
