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The startup killer: Ledger CTO says the EU's crushing compliance costs are choking Web3 innovation
Industry insiders warn that MiCA's steep financial barriers are choking early-stage innovation.
Aave chief defends protocol's 'resilience' after $8.45 billion bank run
The founder of the largest DeFi platform blamed "third-party” entities for decentralized finance’s vulnerabilitie…
MetaMask debuts Agent Wallet giving AI bots self-custody access to Ethereum
Consensys-backed MetaMask is rolling out a non-custodial wallet for AI agents for general availability this summer.
MetaMask launches AI agent wallet with built-in security for crypto trades
The launch comes as AI agents increasingly emerge as participants in crypto markets, executing trades and managing ca…
ZEC rebounds 42% as ZODL founder details two-step emergency upgrade
Josh Swihart, founder of ZODL, provided details on how the Zcash team resolved a critical vulnerability in the Orchar…
Major cryptocurrencies under pressure as oil jumps 3%
BTC, ETH, XRP and others pulled back from their overnight highs as Iran-Israel tensions and oil rally triggered risk …
DeFi’s old hack vectors are fading – But the new risk can hit six chains at once
Decentralized finance has gotten a lot safer over the past six years, and a new review of protocol losses from 2020 t…
Ethereum Foundation cuts and departures aren't a crisis, Joe Lubin says
The Consensys leader told CoinDesk the Ethereum Foundation's role should be narrower and more focused on stewarding t…
HTX to delist Trump-linked USD1 after saying World Liberty Financial froze exchange-linked addresses
The move follows World Liberty Financial's apparent freeze of HTX-linked on-chain addresses, citing UK sanctions comp…
Researcher who found Zcash's bug with AI adds Monero to his audit queue
Taylor Hornby, who uncovered the Orchard flaw that sent Zcash down 38%, says other privacy coins are on his list too.
AI exposed a massive flaw in top crypto network and experts warn banks could be next
After an AI model helped uncover a four-year-old flaw in Zcash, security researchers warn that similar bugs may be hi…
AI-assisted Zcash flaw exposes the supply integrity gap an emergency fork could not fully close
The exploit that nearly broke Zcash originated inside the zero-knowledge proof circuit that powers Orchard, Zcash's n…
Anthias risk dashboard adds support for Ethereum mainnet markets
Enhanced risk monitoring on Ethereum mainnet could bolster DeFi stability, offering users critical insights to preemp…
Live updates: bitcoin falls below $62,000 ahead of jobs data as Zcash bug rocks crypto
Zcash plummeted 40% after Shielded Labs revealed a major bug that went undetected for 4 years.
0x Project launches Cross-Chain API for seamless payment flows across 25+ blockchains
The Cross-Chain API could significantly enhance DeFi's accessibility and efficiency, but its success hinges on robust…
A stablecoin tied to Strategy stock depegs putting a new DeFi dollar risk in focus as Bitcoin sells off
Apyx's apxUSD fell below its dollar reference on June 4 as Bitcoin traded near $63,000, putting DeFi dollar peg risk …
Zcash selloff extends past 50% amid bug disclosure as liquidations top $100 million
ZEC crashed over 50% to around $310 amid Zcash's Orchard bug disclosure and more than $116 million in 24-hour liquida…
South Korean police investigate local Polymarket users on illegal gambling charges: report
South Korean Polymarket users could be subject to a fine of up to 10 million Korean won, which is worth around $6,495.
Orderly Network expands RWA offerings with launch of $QQQ perpetual futures market
Orderly Network's expansion into RWA markets could democratize access to traditional financial instruments, enhancing…
Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC
AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, d…
QuickSwap expands DeFi services by building on Base
QuickSwap's expansion to Base could redefine its market position, potentially enhancing investor confidence through m…
Spark closes May with $6.4B in Savings TVL and $3.6B in SparkLend TVL
Spark's growth amid DeFi challenges highlights its resilience and potential for sustainable revenue, though reliance …
Euler notifies user of $73K in unclaimed ETH from recovery process
Unclaimed crypto assets highlight the importance of vigilance and proactive management in digital finance, impacting …
EtherFi deploys $100 million into Plume to expand institutional RWA yield access
EtherFi deploys $100M into Plume, giving users access to institutional RWA yield through its Liquid RWA vault. The po…
Ether.fi allocates $100 million to a Plume RWA vault, giving users access to yield
The allocation comes from a mix of ether.fi's liquidity provider base and managed capital from its existing liquid va…
Chainalysis says ‘top-tier’ gray market peptide vendors turn to bitcoin and stablecoins
“To scale, the gray-market peptide trade adopted cryptocurrency as its backbone,” Chainalysis said in a report.
Virtuals adopts Chainlink CCIP as LayerZero migration wave grows
Virtuals migrates $700M in VIRTUAL from LayerZero to Chainlink CCIP after the KelpDAO hack as VIRTUAL falls over 8%. …
Bitcoin’s $63k slide shows ETF demand fighting AI equities for dollar liquidity
Bitcoin’s relationship with the S&P 500 has stopped behaving like a simple correlation trade at exactly the wrong t…
Travala debuts agentic AI travel protocol with gasless USDC payments on Base
Travala launched an agentic AI travel protocol on Base supporting gasless USDC hotel bookings and AI-assisted payment…
Not all Ethereum layer 2s are dying, but many general-purpose chains no longer have a reason to exist
In this week's edition of The Protocol Newsletter, we're looking at the state of the Ethereum layer-2 ecosystem.