Turns out building a Ponzi with better graphics doesn't make it a game. Over 90% of Web3 games launched during the 2021-2022 boom have shut down, with most never attracting actual gamers beyond initial token speculators
Continue reading ›
Singapore's second-largest bank just put half a billion dollars of gold on public blockchains, and it's not using some private enterprise chain you've never heard of.
Continue reading ›
AAVE just lost $16.2 billion in deposits after a KelpDAO exploit, and the market is finding out what "decentralized" really means when the foundation cracks.
Continue reading ›
Strategy just added 47,079 Bitcoin in April and now holds more than Satoshi himself might by September. Strategy reported a 6.2% BTC yield and gained ₿47,079 worth $3.6 billion in April, bringing total holdings to 815,061 BTC
Continue reading ›
A nation-state just walked off with $292 million through a DeFi bridge, triggered $10 billion in panic withdrawals, and forced a Layer 2 to freeze assets for the first time in its history.
Continue reading ›
BlackRock just moved nearly a billion dollars into Bitcoin in a single week while a U.S. Congressman publicly bet $250K that BTC hits $80K, and the market is starting to believe them both.
Continue reading ›
The market maker that helped build crypto's plumbing just launched a product to make it boring, and that's exactly the point. GSR launched the Crypto Core3 ETF (BESO), now trading on Nasdaq with active management across Bitcoin, Ether, and Solana.
Continue reading ›
DeFi's biggest lender just watched $15 billion walk out the door in three days, and the culprit wasn't a hack on Aave itself. Aave deposits dropped $15B following the Kelp DAO bridge exploit, as users fled uncertainty over who absorbs the bad debt
Continue reading ›
BlackRock has moved $8.4 billion into Bitcoin ETFs in recent weeks, and a sitting Congressman just bet $250K that they're right about where this is going.
Continue reading ›
A $8.1 billion corporate spend unicorn just made stablecoins feel like regular money. Ramp rolled out zero-fee conversions between USDT and dollars across its entire corporate card and spend management platform
Continue reading ›
Japan's two biggest banks and its central clearinghouse just put real government bonds on blockchain rails, and they chose Canton over everything else.
Continue reading ›
A $3.5 million exploit just proved that liquid staking protocols are still the soft underbelly of crypto infrastructure. Volo Protocol, a Sui-based liquid staking platform, lost roughly $3.5 million from its WBTC, XAUm, and USDC vaults in an exploit
Continue reading ›
Arbitrum froze 30,000 ETH to stop a $292 million hack, and the exploiter's response just mapped out exactly why decentralized rails still win. Wallets tied to the Kelp DAO exploit started moving funds across chains after Arbitrum froze roughly 30,000 ETH from the $292 million hack
Continue reading ›
The SEC just ended its war on crypto, and the tokenization of real-world assets finally has a regulatory pathway that won't land you in court. SEC Chair Atkins is shifting to a crypto-friendly stance, ending the enforcement-first approach that's frozen institutional capital for years
Continue reading ›
Coinbase just told the crypto industry it has a quantum computer problem, and the clock is already ticking. Coinbase's quantum advisory board published a 50-page paper concluding blockchains are safe today but vulnerable to future fault-tolerant quantum computers
Continue reading ›
Strategy now holds more Bitcoin than BlackRock's ETF and is on track to own more than Satoshi Nakamoto by September. Strategy reported 815,061 BTC holdings in April, gaining 47,079 BTC worth $3.6 billion and achieving a 6.2% BTC yield for the month, surpassing BlackRock's ETF holdings.
Continue reading ›
Optimism just made private transactions on Ethereum usable for businesses that can't afford to broadcast every trade to the world.
Continue reading ›
DoorDash just made stablecoins boring, which means they finally matter. DoorDash is rolling out stablecoin payouts to drivers globally through Tempo, a blockchain payments network backed by Stripe Stripe, Coastal Bank, and ARQ are also deploying stablecoin payment flows on Tempo alongside DoorDash
Continue reading ›
Japan's institutional money, quiet for years while crypto boiled over, just signaled it's ready to enter the room. Roughly 80% of Japanese institutional investors plan to allocate up to 5% of their portfolios to digital assets by 2029, according to a Nomura survey
Continue reading ›
A $293M exploit just exposed the scaffolding holding DeFi together, and the cracks are spreading faster than the patch jobs. KelpDAO suffered a $293M exploit that exposed $290M in unbacked assets, triggering AAVE to freeze rsETH markets
Continue reading ›