Infrastructure
Kelp DAO Claims LayerZero Approved the Setup It Blamed for $292 Million Hack, Migrates to Chainlink
Kelp DAO says LayerZero reviewed its single-verifier bridge configuration for over two years without raising security concerns, then blamed Kelp after the $292 million exploit.…
Markets
Kraken Partners With MoneyGram for Global Crypto-to-Cash Withdrawals, Says IPO Is “80% Ready”
Kraken’s MoneyGram partnership brings crypto-to-cash withdrawals to 500,000 locations in 100+ countries, while co-CEO Arjun Sethi signals the exchange is nearly ready to go public.…
AI
Coinbase Cuts 700 Jobs and Restructures Around AI as Crypto Downturn Deepens
Coinbase is laying off 14% of its workforce and rebuilding around AI-native teams as revenue declines and CEO Brian Armstrong pushes to flatten the company’s…
Markets
Strategy Reports Record $12.54 Billion Q1 Loss, Saylor Signals Willingness to Sell Bitcoin
Strategy’s record quarterly loss was driven by $14.46 billion in unrealized bitcoin markdowns, but the real news was Saylor floating bitcoin sales for the first…
Infrastructure
Crypto derivatives have converged with Wall Street. Equity perps could soon prove it.
Crypto and traditional finance are converging fast, with perpetual futures emerging as the strongest bridge between the two. Read Full Story at Coindesk.com →
DeFi
North Korea terror victims escalate fight to seize $71 million from Aave hack
In a 30-page response filed Tuesday, attorneys for victims of three North Korea terrorism cases reframed the April 18 Aave hack as fraud rather than…
DeFi
XRP above $1.42 as traders watch 2025 breakout pattern that led to 66% rally
Price compression near $1.42 comes as analysts point to a repeating bull flag structure and thinning liquidity conditions. Read Full Story at Coindesk.com →
Institutional
Bitcoin tops $81,000 as Strategy mulls selling its BTC to fund dividend obligations
Strategy executive chairman Michael Saylor signalling a potential bitcoin sale to cover $1.5 billion in annual dividend obligations sent MSTR down 4% after hours and…