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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…
Kraken to replace LayerZero with Chainlink to bridge assets across blockchains
The decision sees a total of over $3 billion in total value locked migrating after a $292 million LayerZero-powered b…
Fidelity International’s first tokenized fund receives top-tier AAA-mf rating from Moody’s
FILQ, modeled off Fidelity's existing low-volatility net asset value (LVNAV) fund, will provide 24/7 redemptions and …
Ethereum closes gap with Solana as DEX volumes converge near $45 billion
The current near-parity gives both chains another chance to position themselves to capture volume when onchain activi…
Bitcoin holders can now hide more of their activity, but only by trusting new middlemen
Starknet launched strkBTC on May 12, locking BTC on Bitcoin's base layer to back an ERC-20 token that brings shielded…
Ethereum Foundation rolls out support for Clear Signing crypto security solution
Clear Signing is a crypto security feature that aims to simplify transaction descriptions so humans can understand wh…
Kraken parent, Franklin Templeton to develop onchain investment products
The partnership will focus on tokenized yield products, blockchain-based funds and institutional crypto markets.
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…
Kraken parent Payward seeks fresh funding at $20 billion valuation ahead of planned IPO
The crypto exchange operator is pursuing a new fundraising round as it ramps up acquisitions across derivatives and s…
From hack to OP Stack: Ronin to migrate from gaming sidechain to Ethereum Layer 2 four years after Lazarus attack
Ronin migrates from an Ethereum sidechain to an OP Stack Layer 2 on May 12, four years after Lazarus hackers stole ov…
IRL crypto threats: Physical “wrench attacks” have led to over $100 million in losses since January alone
Crypto investors have lost more than $100 million to physical extortion in the first four months of 2026, according t…
Kraken parent Payward applies for national OCC trust charter following Ripple, Coinbase
Other notable firms in digital assets industry, including Paxos, BitGo, and Circle have also sought approval from …
Kraken parent goes for the OCC charter in bid to become a federal crypto bank
Payward’s application would add a federally regulated trust company to the Kraken group’s existing Wyoming bank c…
Cardano’s Charles Hoskinson says the future of crypto wallets will be inside iPhones and Androids
At Consensus 2026, Cardano's Charles Hoskinson said that “users should probably never have their private keys,” a…
Dorsey’s Block raises full-year guidance after ‘strong’ Q1, records $173 million bitcoin remeasurement loss
Cash App's bitcoin business was down 31% year-over-year, while Square reported a negligible gross profit impact from …
Kraken to buy stablecoin payments firm Reap in $600 million deal: Bloomberg
Kraken owner Payward will acquire Hong Kong-based Reap Technologies as the crypto exchange expands its stablecoin and…
Kraken co-CEO says tokenized equities won’t ‘open the floodgates’ for institutions overnight
Sethi noted that most current demand is coming from fintech firms and users in emerging markets rather than large U.S…
Morgan Stanley pilots crypto trading on E*Trade with 50-basis-point fee: Bloomberg
Morgan Stanley pilots crypto trading at 50 basis points, expanding digital asset push weeks after launching a bitcoin…
Kraken launches regulated crypto spot margin trading in US on heels of Bitnomial deal
The rollout marks the first product built on Payward’s newly acquired Bitnomial licenses, with perpetuals and optio…
Kraken eyes IPO as it partners with MoneyGram to bridge crypto-to-cash gap
Payward and Kraken co-CEO Arjun Sethi says the exchange is “80% ready” to go public, as a new partnership with Mo…
Kelp DAO ditches LayerZero for Chainlink’s cross-chain infrastructure following $292 million exploit
Many onlookers blame LayerZero's default infrastructure setup because the cross-chain bridge that was attacked used a…
Ledger integrates Hyperliquid perps trading in its hardware wallets via Yield.xyz
About 20% of Ledger users will be able to access Hyperliquid's onchain perps markets from their hardware wallets.
MoneyGram supports crypto-to-cash withdrawals for Kraken users
The firms plan to expand this partnership beyond cash withdrawals to support local bank deposits and cross-border rem…
Ondo Gains Institutional Backing Through DTCC Working Group Selection
Ondo is gaining significant institutional traction after being selected to participate in a key working group led by …
Wormhole bridges ‘canonical’ version of Bittensor’s TAO token to Solana
The activation is powered by Wormhole Labs’ Sunrise platform, which acts as a "day-one asset gateway" for bridging …
South Korea’s largest crypto exchange Upbit launches Ethereum blockchain with Optimism Foundation support
Upbit is the Optimism Foundation's first client on its "self-managed" enterprise tier, giving it control over its cor…
Coinbase-incubated Base network adopts Succinct’s zero-knowledge tech
Base, launched as an optimistic rollup, is hybridizing its tech stack with Succinct's SP1 zero-knowledge virtual mach…
Western Union launches USDPT stablecoin issued by Anchorage on Solana
Western Union launched a dollar stablecoin on Solana for 24/7 settlement across 200+ countries, the company said Mond…
Bitcoin scaling layer Citrea rolls out CTR token and dual treasury model
Only xCTR used for voting will earn additional liquidity emissions, while staked CTR that is inactive will only earn …
Kraken's parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm's CEO
The crypto exchange claims client funds were misused, commingled and concealed in a “Ponzi-like” scheme that unra…