LayerZero says Kelp setup enabled exploit, as Aave loss questions mount

In recent developments, layerZero said that Kelp’s DVN setup allowed the $290 million exploit, as investors questioned which protocol would step up to cover the shortfall. Looking closer, market participants…

Coinbase rolls out UK crypto-backed loans as FCA shapes rules

In recent developments, coinbase launched USDC loans for UK users backed by BTC, ETH and cbETH, expanding its borrowing product as Britain moves toward a crypto regulatory regime. Looking closer,…

Crypto fund inflows hit $1.4B in second-strongest week since January

In recent developments, crypto investment products recorded $1.4 billion in inflows last week as Bitcoin almost touched $78,000, with assets under management rising to $154.8 billion. Looking closer, market participants…

Bitcoin metrics line up bull signals with $78K the BTC price level to beat

In recent developments, with $75,000 possibly the new floor, Bitcoin is giving hints that a BTC price breakout is about to begin, based on two classic technical indicators. Looking closer,…

Strategy buys 34,164 Bitcoin for $2.5B, holdings top 800,000 BTC

In recent developments, strategy bought 34,164 Bitcoin for $2.54 billion last week, marking its third-largest BTC purchase on record. The development has drawn attention from traders and analysts who are…

OKX Launches Simplified ‘Event Contracts’ for Bitcoin and Ether Price Pre…

In recent developments, oKX has launched a simplified trading product that allows eligible users in Asia, Latin America, and the Commonwealth of Independent States region to predict the price movements…

‘Mining Grid’ Celebrates First Anniversary of Mining COREs with a Major U…

In recent developments, this sponsored press release was provided by Mining Grid and was not written by Bitcoin.com News. Bitcoin.com News does not necessarily endorse the statements made within this…

BIS warns dollar stablecoins could strain banks and policy

In recent developments, bIS general manager Pablo Hernández de Cos says US dollar stablecoins could pose risks to financial stability and urges stronger global coordination on regulation. Looking closer, market…

BTC price due ‘new highs:’ Five things to know in Bitcoin this week

In recent developments, bitcoin saw a green weekly close despite renewed US-Iran war momentum, and a trader forecast that BTC price action would beat last week’s local highs. Looking closer,…

How Mastercard plans to settle card payments with stablecoins

In recent developments, mastercard is testing stablecoin settlement with SoFiUSD to speed up card transaction clearing and help bridge traditional finance and blockchain. Looking closer, market participants highlight key drivers…