BUSINESS
Ether.fi Exits Restaking as Fee Data Shows Sector Earning Little
Ether.fi is cutting its last EigenLayer tie as restaking fees trail plain liquid staking by about 53 times per dollar secured.
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BUSINESS
Binance’s $100 Million Circle Deal Strengthens USDC’s Position Against Tether
Binance invested $100 million in Circle and expanded USDC integration, giving the stablecoin more reach against…
BITCOIN
Bitcoin Faces Liquidity Test as U.S. M2 Reaches Record $23.34T
U.S. money supply expanded by about $125 billion in August, adding liquidity while Bitcoin remains well…
BUSINESS
KelpDAO Sues LayerZero Over $292M Exploit
KelpDAO sues LayerZero over a $292 million exploit, alleging losses tied to the incident as the…
MARKETS
Ethena Takes USDe Basis Trade Into Tokenized U.S. Equities
Ethena takes its USDe basis-trade strategy into equities, expanding the stablecoin’s use beyond crypto markets and…
LAWS
Brooklyn Man Gets Up to 12 Years of Prison for $16M Coinbase Support Scam
Prosecutors said victims were tricked through fake customer support into moving crypto to wallets controlled by…
DERIVATIVES
CFTC Says Derivatives Firms Can Use Tokenized Assets and Blockchain Records
The guidance does not expand which customer-fund investments are permitted and requires tokenized assets to preserve…
TECHNOLOGY
Bitget Probe Points to Backend Breach After $351.6M Hack
Bitget probe points to a $351.6 million backend breach, raising concerns over security controls and potential…
MARKETS
ARK Invest Tokenizes Venture Fund Holding OpenAI, Anthropic Stakes
ARK Invest is tokenizing its venture fund, giving investors blockchain-based exposure to stakes in OpenAI and…
MARKETS
Bitwise Finds 1%-2% Crypto Allocations Common
Bitwise finds 1%-2% crypto allocations common among investors, highlighting growing interest in digital assets within portfolios.