DeFi
OpenTrade raises $17M as CEO sees stablecoin yield tailwinds
OpenTrade raised $17 million to expand its stablecoin yield platform, bringing total funding above $30 million as it scales stablecoin yield infrastructure for global clients.…
Infrastructure
Why stablecoins and SWIFT may have to coexist
Remittance firms are using crypto to bypass parts of traditional settlement infrastructure, but this does not mean SWIFT is disappearing. Read Full Story at Cointelegraph.com…
Infrastructure
Samsung SDS wins deal to build South Korea’s blockchain securities system: Report
The Korea Securities Depository platform is expected to go live by February 2027, aligning with South Korea’s incoming security token framework. Read Full Story at…
Institutional
Strategy Opens Door to Bold Bitcoin Sales Pivot Unlocking $2.2 Billion Tax Benefit
Bitcoin Magazine Strategy Opens Door to Bold Bitcoin Sales Pivot Unlocking $2.2 Billion Tax Benefit Strategy just opened the door to tactical Bitcoin sales in…
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…