Business
Tokens such as TAO and FET are supposed to be crypto’s answer to centralized behemoths like OpenAI. But as AI stocks recover from a turbulent spring, crypto tokens are falling.
Kraken secured a MiCA license in Ireland, giving it full access to offer regulated crypto services across the entire EU.
Tech
Following a February exploit and delistings, zkLend is shutting down and redirecting its treasury to compensate affected users.
Markets
A misconfigured oracle allowed an attacker to drain $9.5 million from Resupply, exploiting a critical flaw in a subDAO linked to Convex and Yearn.
Regulation
In-kind redemptions for crypto ETFs may soon be approved, according to SEC Commissioner Hester Peirce, potentially streamlining fund operations and appealing to institutional players.
Hyperliquid, driven by rising demand for its perpetual futures, is increasingly taking share from behemoths like Binance. But perps have been an afterthought in America. That is about to change.
Aptos Labs and Jump Crypto launched Shelby, a decentralized storage network built for Web3 and AI, challenging Big Tech’s dominance in cloud infrastructure.
Coinbase assisted U.S. authorities in freezing $225 million in stolen USDT from pig butchering scams, helping track the funds and identify over 130 victims.
Ethereum
ZKsync unveiled Airbender, a new zkVM that can prove Ethereum blocks in under 35 seconds on a single GPU, signaling a leap toward home-based decentralized proving.
DeFi
DeFi Dev Corp. launched a Dogwifhat validator on Solana, sharing rewards with the meme coin’s community as part of its strategy to grow Solana holdings.
