Ripple buys Palisade as it tips corporations to drive crypto adoption
In recent developments, ripple has added to its recent run of acquisitions, buying the crypto wallet and custody firm Palisade in a bid to boost its offerings to institutions. Looking…
IREN Inks $9.7 Billion AI Cloud Deal With Microsoft
In recent developments, iREN Limited announced it has inked a multi-year GPU cloud services contract with Microsoft, marking a major partnership in the rapidly expanding field of artificial intelligence (AI)…
Balancer Suffers Major Exploit: Over $116 Million Drained From V2 Pools
In recent developments, on Nov. 3, Balancer was exploited for over $116 million after attackers used a smart contract vulnerability to manipulate vault calls during pool initialization. Balancer Confirms Incident…
Onchain Analyst: Long-Sleeping Bitcoin Whale Resurfaces, Shifting 2,300 BTC t…
In recent developments, on Monday, onchain analyst Emmett Gallic spotted a heavyweight bitcoin whale making waves after dropping 2,300 BTC into a Paxos-tagged deposit address. Despite that hefty move, the…
Crypto whale who nailed the October crash opens $55M BTC and ETH longs
In recent developments, hyperUnit, the whale that made $200 million from the US-China tariff crash last month, is now betting on a rebound in Bitcoin and Ether, opening $55 million…
Cipher Mining Seals 15-Year Deal With Amazon for 300MW Data Center
In recent developments, cipher Mining Inc. has signed a 15-year data center campus lease with Amazon Web Services (AWS) to supply 300 megawatts of capacity for artificial intelligence (AI) workloads,…
Hollywood’s Next Frontier: New Prediction Market Lets Users Bet on Movies, …
In recent developments, entertainment meets blockchain in a seismic leap as a new prediction market lets fans legally participate in federally regulated entertainment event contracts—placing predictions on movies, music, and…
Balancer audits under scrutiny after $100M+ exploit
In recent developments, reports showed four security companies conducted 11 audits of Balancer’s smart contracts starting in 2021, but a bad actor was still able to drain millions in staked…
Brazil, Hong Kong test cross-border blockchain trade system via Chainlink
In recent developments, banco Inter and Chainlink test cross-border trade finance using Brazil’s Drex and Hong Kong’s Ensemble networks in landmark blockchain pilot. Looking closer, market participants highlight key drivers…
Lava Debuts Bitcoin-Backed Line of Credit, Secures $200M Funding
In recent developments, lava, a bitcoin-focused financial platform, disclosed it has raised $200 million and launched a global bitcoin-backed line of credit (BLOC) offering borrowing rates starting at 5%, marking…
