Kelp DAO to migrate rsETH to Chainlink CCIP as blame game continues
Bryan Pellegrino, co-founder and CEO of LayerZero, disputes Kelp DAO’s accusations and said a postmortem by external security firms will be published soon. Go to Source
DIGIT
Iggy Azalea faces class lawsuit over MOTHER memecoin
A class-action group has accused rapper Iggy Azalea of not following through on delivering utility and business integrations for her memecoin, Mother Iggy. Go to Source
Banks Reject Stablecoin Yield Compromise, Demanding Stricter Crypto Limits
A group of banking associations has recently addressed the public draft of the Clarity Act, which “falls short” of prohibiting the payment of yield and interest on stablecoins. The issue has created a divide among banks, with some supporting and others rejecting the proposal. Key Takeaways: Rejecting the Digital Asset Market Clarity Act over a … Read more
Strategy could sell Bitcoin ‘just to inoculate the market’ — Michael Saylor
It marks the first time that Michael Saylor’s company has floated the idea of selling Bitcoin, parting ways with his long-held view that Bitcoin shouldn’t be sold. Go to Source
Bullish Announces $4.2B Equiniti Deal to Build Tokenized Securities Transfer Agent
Bullish agreed to buy Equiniti for $4.2 billion, aiming to connect digital assets with shareholder recordkeeping. The deal would create a global transfer agent for tokenized securities and includes $1.85 billion of assumed debt. Key Takeaways: Bullish plans to acquire Equiniti in a $4.2 billion stock-and-debt transaction. Equiniti brings nearly 3,000 issuer clients and more … Read more
Bitcoin holds $81K amid flat derivatives markets: Is the rally sustainable?
Bitcoin carved a path toward $82,000, but derivatives metrics need another push from bulls to sustain the rally. Go to Source
Bitcoin’s Bull Case Hinges on Macro Conditions, Wintermute Says
Bitcoin’s upside remains tied to macro stability as BTC trades near $81,000. Wintermute said strengthening on-chain data and ETF inflows have not yet confirmed an independent breakout. Key Takeaways: Bitcoin approached $82,000 resistance but still lacks confirmation of a sustained breakout. ETF inflows reached $2.6 billion, while late outflows signaled weakening demand. Macro factors, including … Read more
Coinbase Cuts 14% of Workforce, Targets Leaner AI-Era Model
Coinbase will cut about 700 employees as it restructures around weaker crypto market conditions and artificial intelligence-driven productivity gains. The company said the 14% workforce reduction is meant to manage expenses, streamline operations, and position Coinbase for the AI era. Key Takeaways: Coinbase will reduce its workforce by about 14%, affecting roughly 700 employees. Restructuring … Read more
Kraken, Moneygram Expand Crypto Off-Ramps Across 100+ Countries
Kraken and Moneygram are linking crypto balances to cash withdrawals through a global pickup network. The partnership supports local-currency payouts across hundreds of fiat currencies and more than 100 countries. Key Takeaways: Kraken partnered with Moneygram to support crypto-to-cash withdrawals across more than 100 countries. Customers can access local currency through Moneygram’s regulated international cash … Read more
Forward Industries, RockawayX back OnRe to build onchain reinsurance on Solana
Investors back a model that moves insurance risk and capital flows onto blockchain rails, as onchain reinsurance looks to attract institutional participation. Go to Source