Eric Trump Mocks Justin Sun Over Lawsuit
Eric Trump said on X that Justin Sun’s lawsuit is “ridiculous” and mocked him as the man who spent $6 million on a banana duct-taped to
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Spark Protocol Explodes to Yearly High After Massive $1.3B Capital Rotation from Aave
TL;DR: Capital Migration: Spark Protocol added $1.3 billion in liquidity over the past week, raising its Total Value Locked (TVL) above $5 billion. Impact on Aave:
Aave Unveils ‘DeFi United’ Fund to Restore rsETH Backing After KelpDAO Exploit
Following the KelpDAO exploit on April 18, Aave introduces the “DeFi United” initiative, a coordinated effort designed to cover the rsETH (Kelp DAO restaking token) deficit.
SBF Drops Push for New Trial During Appeal Phase of FTX Fraud Case
TL;DR Sam Bankman-Fried withdrew his Rule 33 motion for a new trial, saying he does not believe Judge Lewis Kaplan would give him a fair hearing.
Flying Tulip Details Circuit Breaker for DeFi Outflows
Flying Tulip says in documentation that its Circuit Breaker is designed to throttle withdrawals or outflows when unusually large token movements occur over a short period.
Chainlink Powers BridgeTower Capital’s $11B Tokenization Push
BridgeTower Capital announced the tokenization of more than $11 billion in securities linked to the DOM X copper and gold project in Arizona, United States. For
Dan Finlay Leaves Consensys, Citing Burnout and Family Priorities
TL;DR: Dan Finlay, co-founder of MetaMask, announced his departure from Consensys after more than ten years driving the leading self-custody wallet on the Ethereum network. The
BIS Flags Crypto Exchanges Turning Into Unprotected Shadow Banks
TL;DR The Bank for International Settlements (BIS) warns that crypto exchanges are offering yield and lending products similar to banking services but without deposit insurance or
Tether Confirms $344M USDT Freeze in Major OFAC‑Linked Enforcement Action
TL;DR: Tether froze over $344 million in USDT across two addresses on the Tron network, in coordination with OFAC and U.S. law enforcement agencies. The wallets
OKX Taps BitGo to Launch Off‑Exchange Settlement for U.S. Institutions
TL;DR: OKX integrated BitGo’s Off-Exchange Settlement platform for institutional clients in the U.S., eliminating pre-funding requirements. The integration allows trading on OKX while assets remain in
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