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Foundation NFT Marketplace Shuts Down Permanently After Failed Sale
NFTs & Web3

Foundation NFT Marketplace Shuts Down Permanently After Failed Sale

The curated art platform says its infrastructure has already been spun down with no plans to come back online.
LDO Bucks DeFi Downturn With 30% Monthly Rally After DAO Passes Buyback Scheme
DeFi

LDO Bucks DeFi Downturn With 30% Monthly Rally After DAO Passes Buyback Scheme

Lido's token is the only top DeFi token in the green over the past 30 days, fueled by a $20 million treasury repurchase program.
Class Action Lawsuit Filed Against Circle Over Drift Protocol $280 Million Hack: Gibbs Mura Law Group
Hacks

Class Action Lawsuit Filed Against Circle Over Drift Protocol $280 Million Hack: Gibbs Mura Law Group

Law firm charges Circle Internet Financial with failing to freeze $230 million in stolen USDC after the April 1 Drift Protocol exploit, allegedly linked to North Korean attackers.
Sky Announces First Native Deployment of USDS, sUSDS on Avalanche
DeFi

Sky Announces First Native Deployment of USDS, sUSDS on Avalanche

Sky's native stablcoins are being deployed on Avalanche via Skylink, Sky's crosschain bridge protocol built on LayerZero infra.
Charles Schwab Announces Rollout of Spot BTC and ETH Trading for Retail Clients
TradFi & Fintech

Charles Schwab Announces Rollout of Spot BTC and ETH Trading for Retail Clients

The $12 trillion brokerage will begin a phased rollout of Schwab Crypto, offering direct spot BTC and ETH trading to retail investors in the coming weeks.
South Korea to Test Deposit Tokens for Government Spending
Regulation & Politics

South Korea to Test Deposit Tokens for Government Spending

Nine major banks will participate in the pilot, which replaces government purchase cards with programmable blockchain-based payments starting in Q4.
Tempo Unveils 'Zones' for Private Enterprise Stablecoin Transactions
Blockchains

Tempo Unveils 'Zones' for Private Enterprise Stablecoin Transactions

The Stripe-incubated blockchain is pitching privacy as the missing piece for institutional stablecoin adoption.
Two Long-Time Ethereum Foundation Contributors Announce Departures
People

Two Long-Time Ethereum Foundation Contributors Announce Departures

Josh Stark, a member of the EF's leadership team, and Trent Van Epps both separately announced this week that they are leaving the foundation after five years.
Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit
DeFi

Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit

Tether is leading a $150M recovery initiative for Drift Protocol; the plan will also shift the perp DEX's primary settlement asset to USDT on Solana.
Bitcoin Stalls Below $75,000 amid Geopolitical Fog and Tax-Day Selling
Markets

Bitcoin Stalls Below $75,000 amid Geopolitical Fog and Tax-Day Selling

ETH, SOL, and major altcoins are marginally higher on the day.