NEWS
Aave leads DeFi bailout push after $292M crypto exploit
Aave and several major crypto firms are coordinating a recovery effort to stabilize decentralized finance (DeFi) markets after a $292 million exploit left the sector’s…
NEWS
NEWS
NEWS
Meta Will Lay Off 8,000 Employees as AI Focus Intensifies
In brief Meta plans to cut 10% of its workforce, or roughly 8,000 employees, according to the New York Times. The Facebook and Instagram parent…
NEWS
Anchorage Digital Adds Solana Staking via Marinade Finance
Anchorage Digital has integrated Marinade Finance into its platform, allowing institutional clients to stake Solana tokens through automated validator strategies while maintaining custody of their…
NEWS
Microsoft-Backed Space and Time Launches AI App Builder on Base
In brief Space and Time launched Dreamspace after 34,000 apps were created in beta. The AI tool generates, audits, and deploys smart contracts and front…
NEWS
Circle Economist Proposes 50% Rate Ceiling to Snap Aave’s USDC Liquidity Crisis
In brief An economist at USDC issuer Circle proposed an emergency overhaul of Aave’s lending mechanics, advocating for a 50% maximum borrowing rate. Making Aave…
NEWS
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Bitcoin enters disbelief phase as USDC exchange reserves push above $7.5B
A negative Bitcoin funding rate and $7.5 billion in USDC reserves suggest traders may start positioning against the bearish trend. Will BTC price keep rising?…
NEWS
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Tether freezes $344M USDt stablecoins at US law enforcement request
The stablecoin issuer cited “activity tied to unlawful conduct” but no further explanation for the freezing of the dollar-pegged tokens held in two wallet addresses.…
NEWS
OpenAI Releases GPT-5.5: Faster, Smarter—And Pricier
In brief GPT-5.5 launches today for Plus, Pro, Business, and Enterprise users in ChatGPT and Codex, with API access coming soon at $5/M input tokens…
NEWS
US Treasury Sanctions Powerful Cambodian Politician Allegedly Tied to Crypto Scam Network
In brief The U.S. Treasury sanctioned Cambodian Senator Kok An and 28 related entities accused of running a crypto scam network. Officials say trafficking victims…
NEWS
MoonPay Expands Stablecoin Virtual Accounts to New York
MoonPay has launched fiat-to-stablecoin virtual accounts in New York, allowing businesses to convert incoming funds from bank rails such as ACH and SWIFT into stablecoins…
