LayerZero said late Friday US time that it “made a mistake” by allowing its own verification infrastructure to secure high-value crypto assets in a vulnerable setup, marking a notable change in tone after weeks of blaming developer Kelp DAO for a $292 million hack linked to North Korean attackers. The admission marks a notable shift […]
LayerZero says it ‘made a mistake’ in $292 million Kelp exploit Read More »
BlackRock (BK), the world’s largest asset manager overseeing $14 trillion in assets, is ramping up its efforts in tokenized finance with two new filings tied to blockchain-based U.S. Treasury and money market funds. In a filing with the U.S. Securities and Exchange Commission (SEC) on Friday, the asset management giant proposed launching the BlackRock Daily
BlackRock Ramps Up Tokenization Efforts With New On-Chain Fund Offerings Read More »
For most people, trading cryptocurrencies like bitcoin BTC$80,399.78comes down to a simple question: will prices go up or down? But there is another dimension to trading, and that is volatility, a measure of how volatile prices are in any direction. This is already an extremely popular transaction on the stock markets, and CME now wants
Soon traders will be able to bet on BTC volatility, not just price, on CME Read More »
Swiss activists to abandon bid to get Swiss National Bank (SNB) to hold bitcoin BTC$80,863.28 in its reserves after collecting only about half of the 100,000 signatures needed to trigger a national referendum. The initiative aimed to amend the Swiss constitution so that the SNB would hold bitcoins alongside gold and foreign exchange reserves. The
Swiss Central Bank’s Bitcoin Reserve Campaign Fails Due to Lack of Signatures Read More »
THE Senate Banking Committee will meet on Thursday (May 14) to consider the Digital Asset Market Clarity Act of 2025, putting the Crypto Market Structure Bill back on the calendar after a delay in January. The notice follows months of discussions over regulatory jurisdiction, consumer protections, developer protections and stable rewards. CoinDesk reported last week
Crypto Industry Cheers Senate Clarity Act Markup Date as Market Structure Resumes Read More »
Trump Media & Technology Group (DJT) reported a first-quarter net loss of $405.9 million on revenue of $871,200, up from $31.7 million a year earlier, as unrealized losses on its crypto holdings weighed on results. Truth Social’s parent company recorded $244 million in unrealized losses on its cryptocurrency holdings. It also recorded an investment loss
Trump Media’s Q1 Loss Widens to $406 Million on Bitcoin, CRO Markdowns Read More »
MIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday. At Consensus Miami 2026, Jacob Fortinsky, co-founder and CEO of sports betting platform Novig, said the old sports betting model is structurally broken because it treats winning bettors like cheaters. “Sports
More than $3 trillion in digital assets could become vulnerable to theft within four to seven years, according to a new report from Project Eleven.. Project Eleven focuses on post-quantum security and digital asset migration and recently announced a collaboration with the Solana Foundation to prepare its network against the threat of quantum computing. “The
It May Be Too Late for Bitcoin Quantum Migration, Says Project Eleven Report Read More »
Emerging markets accounted for 77% of Binance users in 2026, up from 49% in 2020, as users in these countries increasingly used the exchange for savings, payments and access to investments, the exchange said. Binance Research’s latest report frames crypto adoption as a financial access story rather than a business story. Binance said that 83%
Users in emerging markets treat crypto exchanges like banking apps, says Binance Read More »
For decades, Latin Americans have lived with financial constraints that citizens of more developed economies rarely think about: periodic currency devaluations, inflationary shocks, limited access to credit, and banking systems that often fail to reward savers. A new level of innovation is reshaping the region’s financial landscape. Decentralized finance – DeFi – is quietly moving
How DeFi is changing the financial landscape for Latin Americans Read More »
