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Kraken in talks to buy 15% stake in DeFi lender Aave at $385 million valuation
The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of …
Sophon sunsets its Layer 2 blockchain, moves to Base to build consumer apps
Sophon, which has raised $70 million in total funding, is shutting down its Layer 2 blockchain and moving to Base to …
Tether-pegged USDT0 stablecoin crosses $100 billion transaction volume milestone
USDT0, backed 1:1 by tethers, the largest stablecoin by market capitalization, is the third-largest holder of USDT.
Kraken sues crypto derivatives firm PowerTrade over 'misappropriated' funds claim
PowerTrade changed Kraken’s positive balance of around $7 million to a $2 million deficit via a series of unauthori…
Superstate co-founder raises $3.6 million pre-seed for Ground to help fintechs access onchain yield
Ground has raised $3.6 million in a pre-seed funding round co-led by Bain Capital Crypto and ParaFi as it emerges fro…
a16z CSX-backed Cambrian raises $6 million seed to build blockchain data oracle network
Cambrian, a startup building blockchain data infrastructure for institutions and AI agents, raised $6 million in a se…
Kraken-incubated Ink upgrades to Optimism’s OP Enterprise Fully Managed in multi-year infrastructure deal
Optimism will run Ink's production infrastructure while the Ink Foundation focuses on ecosystem growth and new financ…
Black Lake, Nuva Labs tokenize $25 million in mortgage loans on Provenance in RWA push
Black Lake and Nuva Labs completed the onchain minting of $25 million in mortgage loans on Provenance Blockchain.
SecondFi traces Cardano wallet exploit to address-level issue
Cardano wallet SecondFi traced the incident to an address-level issue and secured 129 million ADA after attackers dra…
Trump’s quantum computing push puts $449 billion in “exposed Bitcoin” back in the limelight
On June 22, President Donald Trump signed two executive orders that put the federal government’s most sensitive civ…
Midas’ mGLOBAL token tracking Fasanara’s alternative debt strategy launches on Aave Horizon
Holders will now be able to deposit mGLOBAL tokens on Aave Horizon to borrow USDC while retaining full exposure to th…
Former Robinhood Crypto COO Tanya Denisova joins stablecoin issuer Agora as head of operations
The former Robinhood Crypto executive will oversee operations as Agora scales its rapidly growing AUSD stablecoin bus…
THORChain resumes trading five weeks after $10.7 million exploit
THORChain resumed trading after a 5-week halt following a $10.7 million multichain exploit in May affecting an Asgard…
Trump signs orders to build a quantum computer and protect against the one that could break encryption
The White House issued twin executive orders to accelerate U.S. development of large-scale quantum computers while si…
Trump signs orders for quantum computer, cryptography upgrades
“We’re going to be investing in American quantum leadership like never before to stay ahead of the pack,” says …
TurboFlow, aiming to be the ‘Kalshi of APAC,’ raises $6 million seed led by Pantera Capital
The platform offers prediction markets and perpetual futures and aims to be a localized alternative to Kalshi and Pol…
Anchorage aims to bring banks onchain with new tokenized deposit platform
The crypto bank aims to help financial institutions offer round-the-clock payments and settlement without replacing t…
MoneyGram becomes Solana validator, expands blockchain payments strategy
Solana is now the third blockchain where MoneyGram operates an official validator, alongside Tempo and the Midnight N…
Ethereum Layer 2 Taiko halts block production following exploit; urges users to withdraw funds
Onchain security firm Blockaid said the root cause of the exploit could be a flaw in Taiko bridge's source-signal pro…
Notorious ‘jaredfromsubway’ MEV bot drained for roughly $7.5 million in counter-MEV honeypot
An X account using the bot's name claimed a $15 million loss and offered a $1 million bounty, but evidence shows it i…
Secret Network’s Axelar bridge drained for $4.67 million in infinite-mint exploit that went unnoticed for seven days
Secret Network says about $770,000 of the stolen funds still sits in the attacker's Axelar wallet, and that Axelar de…
Algorand plans ‘broad quantum resilience’ by 2027
Algorand is planning new accounts and consensus mechanisms designed to be resistant to the cryptography-breaking thre…
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…
JPMorgan says bitcoin mining economics have ‘worsened’ as BTC trades below production cost
JPMorgan's current estimated production cost of bitcoin is about $78,000, while bitcoin is currently trading around $…
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…
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.
Algorand unveils roadmap to achieve quantum resistance by 2028
The announcement reflects a crypto's growing recognition that adopting quantum-resistant cryptography could take year…
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…
France to stop certifying products lacking quantum-resistant encryption
France’s cybersecurity agency plans to block certification of products without quantum-resistant encryption startin…
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…