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Syndicate Labs to wind down operations after five years, citing rollup market slump
Syndicate Labs said that the $330,000 exploit last month is unrelated to the decision to wind down operations.
Deloitte absorbs Blocknative team as crypto infra firm winds down APIs and Gas Network
The Blocknative website now returns a post noting that the firm is “now in the process of ceasing operations."
US crypto ATM operator Bitcoin Depot files for Chapter 11 to wind down business
Bitcoin Depot said changing regulatory environments have made it difficult to continue its current business model.
Crypto’s CLARITY Act faces partisan fight over ethics on Senate floor
While Senator Tim Scott touted yesterday’s markup as bipartisan, just two Democratic senators supported the bill, a…
Crypto data firm Dune cuts 25% of staff citing AI efficiencies
Dune CEO Fredrik Haga said the firm "let 25% of the team go this week" on X, in part citing its heavy investment in A…
Who supports CLARITY on the US Senate Banking Committee?
The US Senate banking committee will hold a markup session on May 14 for the CLARITY Act, and support appears at leas…
Wall Street’s tokenization boom has a liquidity problem: Axis CEO
As RWAs cross $32 billion and JPMorgan files for a new tokenized fund, Axis CEO Chris Kim argues that the industry is…
Bitcoin Ordinals explorer Ord.io to shut down alongside trading app Zap
Bitcoin Ordinals browser Ord.io and its associated consumer app Zap will shut down on June 1, according to announceme…
Crypto and AI could be dirty words on 2026 midterm campaign trail
Voter attitudes toward the AI and crypto industries aren’t favorable in the US, and a spotlight on how much they’…
The Nobitex dilemma: How Iran's biggest crypto exchange stays off the OFAC blacklist
Iran entered the final night of February 2026 under a near-total internet shutdown. In the wake of a joint strike by …
Why a 2017 Linux bug is now a major concern for the crypto industry
The “Copy Fail” Linux bug could impact crypto infrastructure that relies on Linux servers, highlighting growing c…
How AI became crypto's favorite reason to cut staff
Coinbase, Block and Crypto.com have all cited AI to justify recent cuts, though Scale AI’s Jason Droege suspects co…
Stablecoin industry opposes Bank of England’s unhosted wallet ban
The crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial w…
Why stablecoins and SWIFT may have to coexist
Remittance firms are using crypto to bypass parts of traditional settlement infrastructure, but this does not mean SW…
DeFi can freeze stolen funds, but not everyone agrees it should
Crypto faces backlash for freezing stolen funds and for doing nothing, with expectations pulling in opposite directions.
US gov’t sues four states, RWAs cross $30 billion: Month in Charts
The US CFTC has sued four states for trying to enforce state-level gambling laws on prediction markets, meanwhile Str…
Crypto projects shut down as token models fail under pressure
Crypto projects are shutting down as token funding weakens and fragmented structures leave them with limited options …
Ethereum’s EEZ could pull other blockchains into its orbit
The Ethereum Economic Zone aims to unify fragmented rollups, but its broader goal is to extend interoperability to ot…
North Korea tied to heists worth $578M in April after Kelp DAO exploit
DPRK-linked crypto theft topped $578M in April after the Kelp DAO exploit, as attacks continue to expand across proto…
Poland stalls on crypto law, forcing local companies to move abroad
Poland’s parliament is in a deadlock over crypto and its inability to align local laws with MiCA may drive some loc…
Canton, ZKsync clash over how blockchains enforce rules
Matter Labs’ Alex Gluchowski says Canton isn’t a blockchain, while Digital Asset co-founders argue public chains …
Stablecoins behave like FX markets as liquidity splits: Eco CEO
Stablecoins promise seamless dollar movement, but fragmented liquidity is turning large transfers into complex execut…
Crypto execs ramp up security as wrench attacks increase
Notable crypto execs descended on Paris Blockchain Week, bringing more attention to personal security as kidnapping a…
OneCoin’s fallout lingers as US victims get a shot at recovery
Investors in the cryptocurrency Ponzi scheme OneCoin may finally get some relief through a Department of Justice prog…
StarkWare cuts staff, reorganizes into two units as it targets revenue
StarkWare is cutting staff and restructuring under two units as CEO Eli Ben-Sasson says the firm is "simply too big" …
Reality of AI’s impact on employment clashes with C-suite optimism
While some proponents believe AI will bring about an employment boom, so far its effect has been to dampen entry-leve…
North Korean cyber spies are no longer just remote threats
North Korea’s crypto playbook now spans fake developers, conference contacts and major DeFi exploits reaching deep …
Instant settlement strains crypto’s capital efficiency: Ethan Buchman
Crypto trades settle instantly, but at the cost of capital efficiency. This forces firms to overcollateralize and lim…
Standard Chartered weighs integrating Zodia Custody with corporate bank arm: Bloomberg
Standard Chartered reportedly plans to integrate Zodia Custody's crypto custody business into its corporate bank divi…
Prediction markets are testing legal limits in strict Asian markets
Prediction markets are expanding into Asia’s largest economies, but unclear legal definitions and strict gambling l…