Bitcoin
Bakkt filed to raise up to $1 billion, planning to allocate some of the capital toward bitcoin and digital assets for its treasury strategy.
Tech
Kraken debuted a new payments app called Krak, aiming to rival PayPal and Venmo with crypto and fiat transfers via personalized IDs.
Markets
Polychain reportedly made over $80 million from staking rewards on Celestia, sparking criticism over insider-friendly token economics.
Regulation
Across Protocol’s core team was accused of using hidden wallets to sway DAO votes and funnel $23 million to a private company.
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.
Following a February exploit and delistings, zkLend is shutting down and redirecting its treasury to compensate affected users.
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.
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.
