Kelp Blames LayerZero for $292 Million Hack, Plans Switch to Chainlink
In recent developments, the protocol shift comes as a $71 million court fight continues to unfold. The development has drawn attention from traders and analysts who are evaluating potential implications…
Coinbase Cuts 14% of Workforce, Targets Leaner AI-Era Model
In recent developments, coinbase will cut about 700 employees as it restructures around weaker crypto market conditions and artificial intelligence-driven productivity gains. The company said the 14% workforce reduction is…
Bitcoin holds $81K amid flat derivatives markets: Is the rally sustainable?
In recent developments, bitcoin carved a path toward $82,000, but derivatives metrics need another push from bulls to sustain the rally. The development has drawn attention from traders and analysts…
Circle Stock Jumps 20% to $119.53 as Tillis Deal Pushes Clarity Act Forward
In recent developments, circle shares surged nearly 20% on May 4, closing at $119.53, after U.S. Senators Thom Tillis and Angela Alsobrooks reached a bipartisan compromise on the CLARITY Act’s…
Polygon Unveils Private Stablecoin Payments to Lure Traditional Finance
In recent developments, the solution, which uses zero-knowledge proofs to verify every transfer, will allow companies moving large volumes to maintain the secrecy of these movements, improving transaction confidentiality. The…
Strategy Posts $12.54B Loss as Bitcoin Holdings Reach 818,334 BTC
In recent developments, strategy reported a $12.54 billion net loss in the first quarter of 2026 as bitcoin valuation losses overwhelmed revenue growth and active financing. The quarter showed how…
Stake Launches Regulated Mexico Operation Five Weeks Before World Cup Kickoff
In recent developments, online gambling operator Stake officially launched in Mexico on Monday, going live through stake.mx under a permit-based structure overseen by SEGOB, the Ministry of the Interior. The…
Bitcoin short liquidations push BTC to multi-month highs: Is $90K next?
In recent developments, short liquidations and rising open interest may be signs of the bulls’ plan to push the Bitcoin price closer to $90,000. Looking closer, market participants highlight key…
Prophet launches AI-powered prediction market with live $10,000 trading tranche
In recent developments, prophet, an AI-native prediction market platform, has launched its first live trading tranche, introducing a system where an AI model acts as the counterparty to user trades…
Ripple CEO says market structure bill not a ‘done deal,’ despite stableco…
In recent developments, brad Garlinghouse addressed attendees at a Tuesday crypto conference on the progress of the CLARITY Act after US lawmakers announced a compromise on stablecoin yield that could…
