Headlines from trusted sources around the world. Read, summarised and impact-rated by our AI editor twice a day. Green is good for crypto, red is bad, grey is neutral.
An attacker exploited a verification flaw in Aztec Connect's deprecated, immutable smart contract, stealing $2.1M in crypto including 909 ETH. No current Aztec Network users were affected.
DeFi protocol Morpho raised $175M from Paradigm, a16z Crypto, and Ribbit Capital to build on-chain credit infrastructure for banks and fintechs. The protocol already powers $2B+ in institutional USDC lending through Coinbase.
Morpho raised $175M from Paradigm, a16z and Ribbit Capital to build credit infrastructure for banks and fintechs, signaling VC money is flowing to onchain lending rails over retail DeFi.
Nigerian startup Daya has launched a stablecoin-powered platform that cuts cross-border business payment fees to as low as 0.1%, down from up to 10% via traditional banks. The company raised $350,000 from Alliance DAO, Hivemind, and Lattice.
Self-custody wallet Exodus partnered with Ondo Finance to launch a marketplace for over 200 tokenized stocks, ETFs and real-world assets on Solana. The tokenized equities sector has surged 139% in the past month to $3.5 billion.
The SEC proposed scrapping Rule 611 and Rule 610(e), which Galaxy's Alex Thorn says removes a major legal barrier for tokenized US stocks trading on decentralized platforms like automated market makers.
Citigroup is launching a blockchain-based marketplace using tokenized depositary receipts to give institutional and wealthy investors access to private company shares, with SIX Digital Exchange providing the infrastructure.
South Korean tech giant LG partnered with Arbitrum to build an Ethereum layer-2 blockchain designed for digital advertising. The network will provide advertisers and publishers a shared database of ad inventory and customer interactions. ARB token surged on the news.
BitGo launched Lightning Earn, a product that lets institutional Bitcoin holders earn BTC-denominated routing fees by providing liquidity on the Lightning Network through an integration with Amboss Rails. BitGo committed its own treasury to the product.
Cross-border payout platform MassPay partnered with Coinbase to offer USDC-powered international payments. Clients using the system have seen costs fall 40-70% versus traditional wires, with near-instant settlement.
Digital Asset, creator of the Canton Network for institutional blockchain transactions, raised $355M led by a16z crypto and the Abu Dhabi Investment Authority, with backing from Citadel Securities, CME, and HSBC.
Executives from Franklin Templeton and BNP Paribas say tokenized assets and stablecoins could modernize Europe's capital markets by streamlining settlement and improving collateral mobility, as Wall Street banks push deeper into tokenization.
Solana-based DEX Raydium was exploited for $1.34 million through five deprecated liquidity pools from an older AMM program. The exchange says no current users were affected and will repay funds from its treasury.