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Galaxy to Manage $125M DeFi Yield Fund Seeded by Sharplink's ETH Treasury
TradFi & Fintech

Galaxy to Manage $125M DeFi Yield Fund Seeded by Sharplink's ETH Treasury

Mike Novogratz's firm will pick protocols and size exposures while Sharplink keeps its core staked ETH position intact.
Circle Raises $222M in Arc Presale at $3B FDV
Blockchains

Circle Raises $222M in Arc Presale at $3B FDV

The private token sale for Circle's Arc blockchain was led by a16z crypto, and included BlackRock, Apollo, and Intercontinental Exchange.
LayerZero Admits Mistake in 1/1 DVN Setup Tied to $292M Kelp Hack
Security

LayerZero Admits Mistake in 1/1 DVN Setup Tied to $292M Kelp Hack

LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer's unauthorized personal trade, impacting 0.36% of assets on the protocol.
MegaETH Kicks Off MEGA Buybacks
Blockchains

MegaETH Kicks Off MEGA Buybacks

Future repurchases will follow a preset schedule and be routed through on-chain markets.
ONDO Surges 68% in a Week amid US Tokenization Push
DeFi

ONDO Surges 68% in a Week amid US Tokenization Push

A four-firm pilot settling the first cross-border, cross-bank redemption of tokenized U.S. Treasuries on the XRP Ledger extended a rally sparked by Ondo's seat at the DTCC’s tokenization table.
Kraken Parent Payward Seeks US Federal Trust Charter
Regulation & Politics

Kraken Parent Payward Seeks US Federal Trust Charter

Payward says the OCC national trust charter would complement Kraken's banking arm, Kraken Financial.
ECB's Lagarde: Euro Stablecoins Aren't the Answer, Build Public Infrastructure Instead
Regulation & Politics

ECB's Lagarde: Euro Stablecoins Aren't the Answer, Build Public Infrastructure Instead

The President of the European Central Bank spoke against EUR-pegged stablecoins at the inaugural Banco de España LatAm Economic Forum today.
Bitcoin Slips Under $80,000 As ETFs Snap Five-Day Inflow Streak
Markets

Bitcoin Slips Under $80,000 As ETFs Snap Five-Day Inflow Streak

Tron, Cardano and Solana led weekly gains among the Top 10, while Bitcoin and Ether lagged as US spot ETF demand cooled on Thursday.
Tydro Keeps Markets Paused After Chaos Labs Flags Suspected Nation-State Attack
DeFi

Tydro Keeps Markets Paused After Chaos Labs Flags Suspected Nation-State Attack

The largest DeFi protocol on Kraken's Ink Layer 2 network is onboarding Chainlink and RedStone feeds before resuming its lending markets.
Amazon Builds AI Agent Payments With Coinbase and Stripe
Infrastructure

Amazon Builds AI Agent Payments With Coinbase and Stripe

Bedrock AgentCore Payments turns Amazon's agent platform into a transactional layer, with Coinbase supplying x402 stablecoin rails and Stripe contributing wallet infrastructure via Privy.