97% Down — Andre Cronje Exits Sonic Labs Board as S Token Continues to Sink…
In recent developments, andre Cronje, Michael Kong, and David Richardson resigned from the Sonic Labs board this week, handing control of the struggling layer-one (L1) project to a new executive…
S token drops 5% as 3 former execs resign from Sonic Labs board
In recent developments, andre Cronje, Michael Kong and David Richardson stepped down from the Sonic Labs board on Friday, while Matt Visser has been appointed as CEO, replacing Mitchell Demeter…
Ethena Labs Moves Into Institutional Off-Chain Lending With Anchorage Digital
In recent developments, anchorage Digital has expanded its Atlas Collateral Management platform through a new arrangement with Ethena Labs, positioning the federally chartered crypto bank as collateral manager for Ethena’s…
DeepSeek, Xiaomi Just Made Frontier AI 99% Cheaper. American Labs Went the Ot…
In recent developments, back-to-back price cuts from China’s top AI labs have made their models a fraction of the cost of GPT-5.5 and Claude Opus. Looking closer, market participants highlight…
Aave Labs’ Push gains UK FCA crypto registration
In recent developments, aave Labs’ Push received FCA approval for “certain cryptoasset activities” in the UK, supporting its plans for regulated stablecoin on- and off-ramping. Looking closer, market participants highlight…
Aave DAO Faces Vote on Native BTC Collateral as Babylon Labs Files Temp Check
In recent developments, the blockchain research and development firm Babylon Labs submitted a Temperature Check to Aave DAO on Monday, seeking approval to integrate Trustless Bitcoin Vaults with Aave V4…
Moonpay Moves Into AI-Native Trading With Dawn Labs Acquisition and Dawn CLI …
In recent developments, moonpay revealed it acquired Dawn Labs on Monday and launched Dawn CLI, an artificial intelligence (AI)-native trading tool that converts plain English strategy descriptions into autonomous trade…
Layerzero Discloses RPC Poisoning Incident Linked to $292M KelpDAO Hack
In recent developments, the cross-chain communication protocol Layerzero Labs disclosed on Friday that its internal infrastructure was compromised by North Korean hackers and a simultaneous DDoS attack during the KelpDAO…
Chaos Labs says oracles secure after attempted ‘nation-state’ wallet attack
In recent developments, chaos Labs said on Thursday it has rotated all keys since the attempted attack over the weekend and hasn’t detected any suspicious activity since. Looking closer, market…
Paxos Labs Raises $12M to Launch Amplify Digital Asset Suite for US Platforms
In recent developments, paxos Labs has closed a $12 million strategic funding round led by Blockchain Capital and launched Amplify, a product suite that lets platforms turn digital asset holdings…
