Quick Breakdown Assault peaked at 6 terabits per second, the fourth-largest ever, behind strikes on Google Cloud and AWS. Blocks processed in under one second; validators stayed online 100% with no user impact. Following Sui’s recent DDoS struggles,...
The DTCC, which clears and settles the vast majority of US securities transactions, announced it received a no-action letter from the US Securities and Exchange Commission (SEC). This clearance allows the firm to deploy a tokenized deposit solution...
Quick Breakdown Bitcoin miners halt new facility builds and cap hashrate growth at 5-10% for 2026 after aggressive 2024-2025 expansions. Public companies like MicroStrategy and Metaplanet pause large BTC buys, with treasury allocations dropping 30% quarter-over-quarter. Miners pivot...
Quick Breakdown Terra Labs co-founder Do Kwon admits guilt on wire fraud and conspiracy charges tied to $40B TerraUSD crash. Plea deal caps recommended sentence at 15 years, including $19M forfeiture and potential halfway deportation to South Korea....
Quick Breakdown YouTube partners with PayPal to offer PYUSD stablecoin payouts to eligible US creators. Feature rolls out via PayPal integration, supporting direct crypto earnings from ad revenue. Move targets millions of creators, potentially driving stablecoin use in...
Quickbreakdown The OCC released preliminary findings that nine major U.S. banks restricted financial services to specific lawful industries, including the crypto industry. The practice, known as “debanking,” involved refusing services or applying heightened scrutiny based on reputational risk...
Quick Breakdown Gemini obtains key US regulatory approval to offer prediction markets, marking a milestone for crypto platforms entering event-contract trading. GEM token surges 14% following the license announcement, reflecting investor confidence in expanded US operations. The move...
Quick Breakdown a16z crypto opens Hong Kong office to lead Asia investments in crypto startups. Focus targets high-net-worth individuals with 17% average crypto allocations. Move strengthens firm's global reach amid Sygnum report showing 87% Asia HNWI crypto exposure....
Quick Breakdown State Street Global Advisors and Galaxy Digital unveil plans for a tokenized money market fund on Solana, set to launch in 2026. The fund will offer institutions on-chain access to short-term liquidity with daily yield accrual...
Quick Breakdown Mubadala Capital, the Abu Dhabi sovereign wealth fund’s investment arm, teams up with Kaio to test tokenized private market strategies on blockchain. The pilot targets onchain access to illiquid assets like private equity and venture capital,...
