Crypto
Balancer Labs shuts down after hack and revenue strain
Balancer Labs is set to shut down as the team behind the DeFi protocol looks to cut costs after months of financial pressure. Moving forward, the protocol itself…
Tag: Crypto
Crypto
Nasdaq and Talos expand institutional tokenization push
Nasdaq and Talos are teaming up to make handling tokenized collateral easier for big institutions. The two companies have linked their systems so firms can manage digital assets…
Crypto
Web3 firm Boyaa targets $70M crypto expansion amid dip
Boyaa Interactive International is planning to spend up to $70 million more on crypto. The company says it will ask shareholders for approval, but the plan is clear…
Crypto
Galaxy Research sounds alarm on Crypto Bill’s remaining challenges
A new deal around stablecoin rewards has given fresh hope to the CLARITY Act — a major crypto law that’s been stuck for months. The agreement helps solve…
Crypto
Resolv Labs confirms no loss of assets after USR exploit shakes market
Resolv Labs just went through a major problem with its USR stablecoin. An attacker managed to create around 80 million fake (unbacked) USR tokens and dump them into…
Crypto
Bithumb moves to reappoint CEO amid AML probe pressure
Bithumb is planning to keep its CEO, Lee Jae-won, for another term — even as the company faces growing pressure from regulators. Shareholders are expected to vote on…
Crypto
Zuckerberg’s new AI tool signals Meta workplace overhaul
Meta CEO Mark Zuckerberg is testing a new AI tool to help with his daily work. The idea is simple: move faster and rely less on people for…
Crypto
XRP news: Retail demand drives growth as institutional interest stalls
The crypto market right now is showing a clear split between everyday investors and big institutions. A new report says that XRP is growing mainly because of strong…
Crypto
CoinDCX’s founders under fire in $75K fraud case: Details
Here’s a concise summary of the CoinDCX fraud case: CoinDCX founders questioned: Sumit Gupta and Neeraj Khandelwal, founders of the Coinbase-backed Indian exchange CoinDCX, were questioned by authorities…
Crypto
Crypto market recap: What happened today?
Here’s a concise roundup of today’s key crypto developments: Hong Kong crypto scams: A 66-year-old retired man lost HK$6.6 million in three separate cryptocurrency scams involving fake “experts.”…