Future repurchases will follow a preset schedule and be routed through on-chain markets. The MegaETH Foundation completed its first MEGA buyback on May 7, deploying all net rewards accrued from the network’s USDm stablecoin issuer […]
LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer’s unauthorized personal trade, impacting 0.36% of assets on the protocol. LayerZero on Friday issued a public apology for its handling of […]
The private token sale for Circle’s Arc blockchain was led by a16z crypto, and included BlackRock, Apollo, and Intercontinental Exchange. USDC issuer Circle announced the completion of the presale for its stablecoin-focused blockchain Arc’s native […]
Mike Novogratz’s firm will pick protocols and size exposures while Sharplink keeps its core staked ETH position intact. Galaxy Digital and Sharplink on Monday announced plans to launch a $125 million institutional onchain yield fund […]
The Senate Banking Committee is set to mark up the sweeping crypto market structure bill on Thursday. American Bankers Association President and CEO Rob Nichols sent an urgent letter to bank CEOs across the country […]
A newly formed Delaware entity will consolidate and liquidate remaining assets, with “strategic alternatives” coming in the next few weeks. Stream Finance, the collapsed DeFi yield platform behind the depegged xUSD token, has telegraphed its […]
Funds managed by Neuberger Specialty Finance committed the facility to grow margin financing for the multi-asset prime broker. Ripple Prime, the multi-asset prime brokerage platform owned by Ripple, has closed a $200 million debt facility […]
Co-founder Adeniyi Abiodun unveiled confidential transactions at Sui Live Miami, the same week SUI Group Holdings staked its entire $140M treasury. SUI was one of the standout altcoins over the weekend, rallying more than 50% […]
Meanwhile, the largest Ethereum DAT, Bitmine, made its smallest ETH purchase since January, announcing it will slow its weekly purchase pace. The largest digital asset treasury company, Michael Saylor’s Strategy, resumed its Bitcoin (BTC) purchases […]
Crypto investment products absorbed $858 million last week, ahead of the upcoming CLARITY Act markup and Fed chair transition. Total crypto market capitalization stood at $2.81 trillion on Monday as Bitcoin reclaimed $82,000 and global […]
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