KelpDAO sues LayerZero, claims it endorsed setup used in $292 million rsETH exploit
KelpDAO sued LayerZero and Bryan Pellegrino over the April 18 rsETH exploit, alleging the bridge setup was endorsed in writing.
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Bitget confirms $387.5 million security breach affecting exchange hot wallets
Bitget said private keys were not compromised and that losses from the incident will be covered by its User Protection Fund.
Fed proposes reserve limits, capital standards for stablecoin issuers under GENIUS Act
The Federal Reserve proposed new measures for stablecoin issuers, including reserve-asset limits and standardized capital requirements.
Solana treasury firm SkyAI keeps board after shareholder protest, loses equity plan vote
SkyAI’s board survived a shareholder protest, but its proposed equity pay plan fell by a wide margin.
ARK Invest brings $1.3 billion venture fund onchain through Securitize
ARK Invest is bringing its $1.3B ARK Venture Fund (ARKVX), which holds OpenAI, Anthropic and Stripe, onchain via Securitize on Ethereum.
JPMorgan says bitcoin crossing $85,000 production cost could ease miner selling pressure
JPMorgan analysts said bitcoin's move above its estimated $85,000 production cost could ease miner selling if sustained.
New York moves to block Polymarket from the state, alleging it’s running an illegal gambling operation
New York has sued Polymarket, accusing it of operating an illegal gambling operation and asking a court to block it from operating.
Ondo launches onchain portfolio tokens based on BlackRock-developed strategies
Ondo has launched three onchain portfolio tokens based on model portfolio strategies developed by BlackRock.
Solana Foundation taps Binance, Polygon vets to drive institutional adoption and payments
Solana Foundation appointed Rachel Conlan as chief strategy officer and former Polygon Labs exec Jamal Raees as GM of payments.
HIFI raises $37 million Series A to expand tokenized capital markets infrastructure
HIFI raised $37 million in Series A funding led by Left Lane Capital to scale tokenized settlement infrastructure.
IBM connects Digital Asset Haven to Swift blockchain ledger for tokenized deposit transactions
IBM Digital Asset Haven clients can now connect to Swift's shared ledger and instruct tokenized deposit transactions.
Brooklyn man gets up to 12 years over $16 million Coinbase social engineering scheme
A court sentenced 23-year-old Ronald Spektor to four to 12 years in prison for a $15.9 million Coinbase phishing scheme.