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TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures
"We expect CME will seek a preliminary injunction to block perps as the case proceeds," said TD Cowen's Jaret Seiberg.
Base targets June 25 mainnet launch for Beryl upgrade and new B20 token standard
Base's Beryl upgrade introduces the B20 native token standard, cuts withdrawal delays to 5 days, and activates on mai…
Ethereum could face core development ‘funding crisis’ within nine months, says former EF contributor
Former EF contributor VanEpps warned Ethereum could face a core development funding crisis within 3-9 months after CI…
Kalshi making early IPO talks with investment banks: report
The prediction markets platform raised $1 billion in a Series F round in May, bringing its valuation to $22 billion.
Fidelity launches GENIUS-aligned money market fund for stablecoin issuers
The fund invests exclusively in eligible reserve assets permitted for stablecoin issuers under the GENIUS Act.
CryptoQuant says bitcoin microtransactions now make up 80% of daily transactions
Bitcoin transactions below 0.01 BTC now make up about 80% of all daily transactions, up from about 44% in 2023, Crypt…
Sen. Gillibrand’s son is building a perps exchange that wants dual CFTC, SEC oversight: report
The American Perpetuals Exchange Corporation raised $30 million at a $300 million valuation, Fortune reported on Thur…
Hyperliquid poised to become more than an exchange and drive HYPE higher, Hyperion CEO says
Hyperion CEO argued investors are still underestimating the decentralized exchange's transformation into a broader bl…
The DAO hack at 10: From $50 million exploit to a $130 million Ethereum security fund
Ten years ago, an attacker drained roughly 3.6 million ETH from The DAO, helping to spur the creation of the modern c…
Ethereum Foundation co-Exec Director and board member Hsiao-Wei Wang steps down
Several high-ranking EF leaders have left, including the Protocol cluster leads and former co-executive director Toma…
Federal Reserve rolls out proposing rulemaking requiring stablecoin issuers to maintain customer identification program
The Fed rolled out a rule requiring stablecoin issuers to have a program in place to identify customers to combat ill…
Kraken integrates Solana DEX trading into core app, with support for additional networks planned
Kraken launches onchain DEX trading to give customers access to thousands of tokens across the Solana ecosystem.
Tether’s XAUT gold token added to Ledn lending platform
"When XAUT-backed loans go live, you will be able to borrow against your gold the way you already borrow against Bitc…
Alchemy unveils Visa-powered virtual payment card for AI agents
AgentCard will default to Visa-issued tokens, but will support crypto and agent-native payment protocols when available.
Aztec investigates $2 million exploit of deprecated payments product
The immutable stage 2 rollup was sunset in 2022, and Aztec Labs holds no admin keys or control over the system, the t…
G7 calls for joint action on North Korean crypto theft, cybercrime
G7 leaders broadened their warning over North Korean crypto theft to include wider cybercrime as researchers link DPR…
Aztec hit by second $2.1M exploit in less than a week: SlowMist
Security researchers warn that deprecated smart contracts can remain vulnerable long after projects stop maintaining …
Tether winds down aUSDT stablecoin and Alloy platform to sharpen focus
Tether said it is winding down the 'Alloy by Tether' platform and discontinuing support for aUSDT, a stablecoin over-…
Polychain and Coinbase-backed Satori Finance DEX winds down citing ‘unfavorable market conditions’
Satori raised $10 million in a May 2022 seed round led by Polychain Capital with participation from Coinbase, Jump an…
Stablecoin infrastructure firm Trace Finance raises $32 million Series A, says valuation grew 10x from seed
CoinFund led the round, with Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs and others partici…
Zama, Morpho and Steakhouse launch first ‘confidential DeFi yield’ vault on Ethereum
Zama, Morpho and Steakhouse launch the first confidential DeFi yield vault on Ethereum, letting firms earn yield with…
Senate, House reach agreement on housing bill banning CBDC through 2030
US Senate and House leaders have jointly released an updated version of a housing legislation that includes a CBDC ban.
Legacy Aztec Connect Contract Drained Of $2.1 Million Three Years After Shutdown
A legacy Aztec Connect contract was exploited years after shutdown, while current Aztec infrastructure remains unaffe…
Humanity Protocol Plans New H Token After $36 Million Key Compromise
Humanity Protocol is restructuring its H token after a $36 million exploit, but the incident appears tied to compromi…
Bipartisan senators push Treasury to uphold states’ authorities under the GENIUS Act
A group of bipartisan senators pressed the Treasury Department to preserve states' ability to regulate stablecoins.
Coinbase unveils ‘System Update’ unlocking an AI advisor, global unified liquidity, options trading and more
Coinbase's latest System Update includes a new AI-powered advisor and global unified liquidity between its U.S. and i…
Pump.fun activity craters 80% in three months, dragging Solana fees lower as traders rotate into perps
The platform's fall from grace is best reflected in the PUMP token itself, which is down 40% in the last six months a…
Squid adds Ripple’s RLUSD stablecoin for cross-chain swaps
Cross-chain platform Squid has integrated Ripple's RLUSD stablecoin, allowing users to swap into and out of RLUSD acr…
Bitcoin DeFi demand concentrated in small-but-deep pockets, Rootstock exec says
DeFi liquidity is down, with total value locked dropping from roughly $180 billion to $70 billion in less than a year.
Coinbase launching tokenized US stocks, backed 1:1, with holders able to receive dividends
Both rivals like Robinhood and Kraken and traditional financial institutions have shown an interest in offering token…