Latest updates, press releases, and insights from the volatile world of digital assets.
Kraken, through its parent company Payward, is negotiating a strategic investment in the leading DeFi lending protocol Aave, marking a notable step in bridging centralized and decentralized finance sectors amid ongoing market recovery efforts
Story Protocol has shifted its focus from broad intellectual property licensing to creating verifiable systems for AI training data, launching the DATA Foundation with new tools and partnerships to address provenance and compliance challenges
A CoinShares survey shows that 52% of UK wealth advisors report most client crypto assets remain outside their oversight, driven primarily by firm policies rather than lack of demand or knowledge
Kraken has partnered with Maple to introduce a structured onchain financing facility that supports institutional lending backed by Bitcoin and Ethereum, bringing traditional warehouse credit models to blockchain-based operations
Coinbase's Ethereum layer-2 network Base experienced a significant disruption that halted block production for nearly two hours before resuming operations. The incident, linked to an invalid block, occurred just ahead of a planned network upgrade
Binance has withdrawn its MiCA license bid in Greece and will pursue approval elsewhere, triggering service restrictions for EU users starting July 1 as the regulatory deadline arrives. The exchange maintains it is not leaving Europe and user funds remain secure
Abracadabra has raised borrowing rates across its lending markets and paused liquidity incentives after its stablecoin Magic Internet Money (MIM) fell to around $0.50, well below its $1 peg, in response to renewed liquidity pressures
South Korea’s Personal Information Protection Commission has imposed a 210 million won penalty on major crypto exchange Bithumb for sharing user data with overseas platforms without proper consent, highlighting stricter enforcement of privacy rules in the sector
Strategy's stocks MSTR and STRC have plunged to new lows alongside a broader Bitcoin selloff, compounded by insider selling, a securities investigation, and questions over investor confidence and dividend sustainability
Charles Hoskinson addresses the recent wallet exploit that drained millions in ADA, while the token shows a modest recovery but faces persistent downward pressure
