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DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit
The protocol’s SUMR token fell by over 18% after the incident.
Bitcoin miner TeraWulf soars on a $19 billion AI data-center lease with Anthropic
The onetime pure bitcoin miner signed a 20-year deal to host the AI firm at a Kentucky campus, the latest crypto-adjacent company to trade...
Securitize eyes acquisitions with $400 million war chest after going public, CEO says
Following its NYSE debut, Securitize CEO Carlos Domingo said the firm wants to expand its institutional tokenization platform rather than buy competitors.
Ethereum developers embrace Vitalik Buterin’s long-term vision but urge quicker execution
The “Lean Ethereum” strawmap, updated earlier this week, has gained support from many of the network’s researchers, though several say the biggest challenge won’t...
Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook
First, it was a tiny amount of bitcoin sales; then, the purchase of several thousand BTC; and finally, today, the unloading of thousands of...
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month.
Bitcoin’s U.S. reserve still a work-in-progress as federal agencies hash it out
The White House says it’s still evaluating the “best structure” for the federal fund to hold bitcoin as a long-term reserve and a separate...
Bitcoin drops after a run at $64,000, shrugging off Strategy’s $213 million BTC sale
The token touched $64,400 overnight before easing back, still up about 6% on the week. A fresh missile strike on a Qatari gas ship...