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The Daily: Upbit suffers $37 million hack, SpaceX moves over $100 million in bitcoin, Infinex plans token sale on Sonar, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Kain Warwick’s Infinex builds on $67.7 million Patron NFT round with Sonar sale ahead of INX’s 2026 TGE
Infinex has unveiled its Sonar token sale ahead of a January Token Generation Event, expanding access to INX beyond i…
Philippine Digital Asset Exchange Eyes $60B Tokenization Opportunity With Project Bayani
The Philippines has a $60 billion opportunity in asset tokenization, potentially transforming its capital markets by …
Naver and Upbit to pour $7 billion into AI, blockchain following mega-merger: reports
Naver and Upbit plan to build a financial infrastructure that builds on top of AI and blockchain, according to multip…
Avail’s Nexus Mainnet goes live, targeting unified liquidity across multiple blockchains
The network introduces intent-based routing and multi-source liquidity, with unified verification expected later thro…
Robinhood to launch new derivatives exchange for prediction markets push
Robinhood is deepening its foray into prediction markets with plans to launch a derivatives exchange through a new JV…
Layer 1 blockchain SKALE taps Layer 2 Base for AI-focused Layer 3
SKALE on Base allows agents to take advantage of the chain's scalable infrastructure and Base’s liquidity, users, o…
Homegrown NYC startup Polymarket allowed to resume US operations following CFTC reversal
The CFTC issued an amended order allowing Polymarket, a crypto-based prediction-market platform, to resume operations…
Irreverent memecoin inspired by World Liberty founder rallies 130% after Trump-connected crypto project’s endorsement
World Liberty, the crypto project linked to President Donald Trump’s family, said it would invest in the SPSC memec…
Vibe coding, no-code, and the new rules of web3 development
Welcome to Slate Sunday, CryptoSlate’s weekly feature showcasing in-depth interviews, expert analysis, and thought…
On-Chain Stocks Could Misprice Over Weekends, Triggering Arbitrage Risks: RedStone
This gap could create a "price dislocation" between on-chain and traditional markets, leading to potential losses or …
VanEck CEO Concerned About Bitcoin's Encryption and Privacy, Says Firm Could Walk Away
Jan van Eck questioned whether Bitcoin offers enough encryption and privacy, saying some longtime holders are examini…
Chainlink Is ‘Essential Infrastructure’ for Tokenized Finance, Says Grayscale Research
Grayscale's report comes shortly after it filed to convert its Chainlink Trust into an exchange-traded fund (ETF) tha…
'Liquidity Crisis': $12B in DeFi Liquidity Sits Idle as 95% of Capital Goes Unused
This inefficiency disproportionately affects retail liquidity providers, with 50% losing money due to impermanent los…
Aerodrome Finance Hit by 'Front-End' Attack, Users Urged to Avoid Main Domain
The attack did not compromise the underlying smart contracts, but users are advised to avoid the compromised domains …
Coinbase to acquire Vector.fun, the Tensor-built Solana trading platform, to advance ‘everything exchange’ vision
Vector’s tech will plug into Coinbase’s DEX integration, while Tensor Labs shifts its NFT marketplace and TNSR to…
Kalshi secures $1 billion in latest funding at $11 billion valuation: report
Investors participating in the round include Sequoia, CapitalG, a16z, Paradigm, Anthos Capital, and Neo, according to…
Securitize Leverages Plume to Expand Global Real-World Asset Reach
Securitize partners with Plume to launch institutional-grade assets on Plume's Nest staking protocol, expanding its D…
DeFi Giant Spark Shelves Crypto App Plans to Focus on Institutional Infrastructure
The protocol will instead focus on "liquidity infrastructure and deals" such as its recent $1 billion investment into…
Saudi real estate firm to tokenize Maldives Trump hotel; targets US investors: report
Dar Global is seeking to tokenize up to 70% of the development of its Trump hotel in the Maldives, Reuters reported.
Pump’s new ‘Mayhem Mode’ fails to boost token launches or revenue in first week
Since Mayhem launched, Pump has averaged 17,800 token launches per day — an insignificant increase from the prior w…
'Permissionless Assets’: Robinhood’s 3-Phase Tokenization Plan to Disrupt TradFi
Robinhood is working on infrastructure developments, said Offchain Labs' A.J. Warner, including 24/7 trading, and lev…
0xbow raises $3.5 million seed round for Ethereum Foundation-backed Privacy Pools project
Privacy Pools, based on research by Ethereum founder Vitalik Buterin, is a keystone part of the Ethereum Foundation's…
Sky authorizes up to $2.5 billion to back Obex-incubated crypto yield projects
Framework Ventures is leading a $37 million funding round into the Obex incubator and will administer the project.
Ethereum Foundation reveals latest work on ‘Interop Layer’ to make L2 ecosystem ‘feel like one chain’
The Ethereum Foundation published a blog post outlining the goals for the upcoming Ethereum Interop Layer, now open f…
Filecoin Foundation, FilOz unveil decentralized cloud to build more resilient and customizable apps
The public launch coincided with a major Cloudflare outage on Tuesday that has brought down key crypto frontends.
Société Générale’s SG-FORGE Issues First Tokenized Bond in U.S.
The bond uses Broadridge Financial Solutions' tokenization technology and runs on the Canton Network, a privacy-enabl…
Cloudflare global network outage hits multiple crypto front-ends in widespread disruption
Cloudflare experienced a service degradation issue on Tuesday that spilled over into multiple crypto front-ends.
Polychain-backed OpenLedger launches OPEN mainnet for AI data attribution and creator payments
OpenLedger has launched the OPEN Mainnet, an attribution-focused AI blockchain designed to track data provenance and …
Coinbase’s Monad public token sale starts hot and then fizzles
The much-anticipated public offering of Monad's native token via Coinbase generated about $43 million within the firs…