Taiko reopens bridge after $1.7M exploit, says users made whole

In recent developments, taiko restored bridge transfers after replenishing asset backing and completing security fixes following an 11-day network disruption. Looking closer, market participants highlight key drivers such as liquidity…

OFAC sanctions 134 ISIS-K crypto wallet addresses as Tether freezes funds

In recent developments, oFAC added 134 crypto wallet addresses linked to ISIS-K to its sanctions list, including 131 Tron addresses that received more than $1.4 million in crypto donations, according…

SBI Crypto shuts Bitcoin mining pool after five-year run

In recent developments, sBI Crypto will shut down its Bitcoin mining pool on July 31 after more than five years, ranking 12th globally with about 2.2% of hashrate share. Looking…

Yield-bearing stablecoin slowdown ends three-year run for crypto-native products

In recent developments, yield-bearing stablecoin supply fell 15% in Q2 as sUSDe and sUSDS contracted, while Treasury-backed products including BUIDL, USYC and USDY continued to grow. Looking closer, market participants…

Solana Foundation launches framework for protocol-level governance

In recent developments, the Solana Foundation launched a framework for protocol-level governance, enabling validators with at least 100,000 delegated SOL to publish new proposals. Looking closer, market participants highlight key…

CRCL Sell-Off ‘Looks Overdone’ Say Analysts as Circle CEO Addresses Open USD …

In recent developments, analysts don’t think the threat of a new stablecoin launch was enough to warrant a major Circle (CRCL) sell-off on Tuesday. Looking closer, market participants highlight key…

BitMine, Sharplink and Joe Lubin Accelerate Wall Street Ethereum Push With No…

In recent developments, ethereum Institutional will serve as a point of contact for financial institutions seeking to get more involved with on-chain infrastructure. Looking closer, market participants highlight key drivers…

Ionic Raises $400M as AI Revenue Tops Bitcoin Mining Ahead of Nasdaq Listing

In recent developments, ionic Digital, the bitcoin miner formed out of the Celsius bankruptcy, filed to go public on Nasdaq after a sharp pullback in its mining operations and a…

OpenAI weighs 5% stake for US government amid Trump talks: FT

In recent developments, openAI has reportedly discussed giving the US government a 5% equity stake in early Trump administration talks as Washington tightens AI model oversight. Looking closer, market participants…

Metaplanet buys 2,823 BTC, surpasses 43,000 in Bitcoin holdings

In recent developments, metaplanet bought 2,823 Bitcoin during the second quarter, reducing its average acquisition cost to $106,500 per BTC, and reported $10.9 million in revenue from its income generation…