Quick Breakdown Kiln Finance begins orderly withdrawal of Ethereum validators after SwissBorg-linked hack. Over 1.6 million ETH is currently in the exit queue, but most funds are expected to be restaked. Educator Anthony Sassano dismisses fears of large-scale...
Quick Breakdown Bitwise CIO Matt Hougan says banks should raise deposit rewards instead of fighting stablecoins. Stablecoins offer yields of up to 5%, far outpacing US bank savings rates. Banks are lobbying against stablecoin yields, citing risks to...
Quick Breakdown VeChain and BCG launch the VeFounder Program for Web3 developers. Developers gain ownership of dApps after reaching 100,000 users. The program starts with three live dApps tackling sustainability and food challenges. VeChain, in collaboration with Boston...
Quick Breakdown Ant Group’s Ant Digital is tokenizing $8.4B in Chinese energy infrastructure on AntChain. The firm has already raised over $42M through clean energy asset financing. Plans include offshore token listings and stablecoin integration with Circle. A...
Quick Breakdown Eightco stock spiked over 3,000% after announcing a $250M Worldcoin treasury plan. The firm will rebrand its ticker to ORBS and may add Ether as a secondary reserve. Worldcoin jumped nearly 50% on the news, extending...
Quick Breakdown Christie’s has shut down its standalone NFT department, moving sales into modern art. The decision follows a 12% drop in global art sales and layoffs within the auction house. Critics argue Christie’s commission model was flawed,...
Quick Breakdown Lion Group reallocates $5M in SOL and SUI into HYPE to strengthen its crypto treasury. BitGo’s new custody solution adds institutional backing to HYPE’s growing adoption. Stock price surges over 20%, reflecting investor confidence in the...
Quick Breakdown Upbit has launched Giwa, an Ethereum layer-2 testnet with one-second block times. The blockchain supports EVM compatibility and is built on Optimism’s OP Stack. South Korea remains a global crypto powerhouse, with Upbit leading its domestic...
Quick Breakdown ARK Invest added $4.4M in BitMine shares, raising total holdings to $284M. BitMine now controls over 2M ETH, 42% of corporate Ethereum treasuries. Tom Lee expects Fed rate cuts to boost crypto and small-cap equities. ARK...
Quick Breakdown Sky, formerly Maker, submitted a bid to build Hyperliquid’s USDH stablecoin. Proposal includes 4.85% yield, multichain access, and compliance options. Sky joins Native Markets, Frax, Paxos, and Agora in the high-stakes contest. Sky Tables Bid for...
