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Lighter Names USDC as Preferred Stablecoin in New Circle Partnership
DeFi

Lighter Names USDC as Preferred Stablecoin in New Circle Partnership

The agreement spans spot and perpetual trading, settlement, liquidations, and onboarding flows on the decentralized exchange.
CME Group to Launch Bitcoin Volatility Futures on June 1
TradFi & Fintech

CME Group to Launch Bitcoin Volatility Futures on June 1

The derivatives giant is rolling out CFTC-regulated contracts that let traders isolate Bitcoin volatility from price direction, settling to a new 30-day implied volatility benchmark.
Bitcoin Reclaims $81,000 As ETF Inflows Surge Despite Iran Escalation
Markets

Bitcoin Reclaims $81,000 As ETF Inflows Surge Despite Iran Escalation

BTC prints its highest level since January, even as UAE air defenses engage Iranian missiles and drones.
a16z Crypto Raises $2.2B Fund to Turn New Infra into Everyday Products
TradFi & Fintech

a16z Crypto Raises $2.2B Fund to Turn New Infra into Everyday Products

a16z crypto's Crypto Fund 5 was announced just a day after Haun Ventures revealed its $1 billion fund focused on crypto and the agentic economy.
Toncoin Surges as Telegram Takes Direct Control of TON Network
Blockchains

Toncoin Surges as Telegram Takes Direct Control of TON Network

Pavel Durov says Telegram will replace the TON Foundation and become the network's largest validator as part of a ‘Make TON Great Again’ roadmap.
Arbitrum DAO Elects Six New Security Council Members Amid Ongoing Kelp Fallout
Security

Arbitrum DAO Elects Six New Security Council Members Amid Ongoing Kelp Fallout

The Security Council has been in the spotlight in recent weeks after its decision to freeze over 30K ETH connected to the Kelp bridge exploit.
Securitize Taps Jump and Jupiter to Launch Regulated Trading for Tokenized Equities
DeFi

Securitize Taps Jump and Jupiter to Launch Regulated Trading for Tokenized Equities

The three-way partnership pairs Securitize's broker-dealer rails with Jump's PropAMM liquidity engine and Jupiter's Solana-wide aggregation layer.
Drift Sets Out Token-Based Recovery Framework for $295M April Exploit
DeFi

Drift Sets Out Token-Based Recovery Framework for $295M April Exploit

The Solana-based perpetuals exchange will issue burn-on-redeem recovery tokens funded by exchange revenue, a $127.5M Tether commitment, and another $20M from partners.
Stellar Gets Its First Regulated, Yield-Bearing Stablecoin with YLDS Launch
DeFi

Stellar Gets Its First Regulated, Yield-Bearing Stablecoin with YLDS Launch

YLDS is an SEC-registered, USD-pegged stable asset from Figure.
Coinbase Cuts ~14% of Workforce, Restructures as AI-Native Organization: Brian Armstrong
CeFi

Coinbase Cuts ~14% of Workforce, Restructures as AI-Native Organization: Brian Armstrong

Coinbase CEO Brian Armstrong announced a ~14% workforce reduction and major organizational restructuring to operate as an AI-native company with flattened hierarchy and individual contributor leaders.