THORChain pauses trading after suspected $10M exploit
THORChain paused trading after ZachXBT flagged a suspected $10 million exploit spanning Bitcoin, Ethereum, BNB Chain and Base.
Why is Hyperliquid’s HYPE token price up 23% in a day?
Fresh U.S. ETF launches and Coinbase’s Hyperliquid deal helped fuel HYPE’s rally this week, but technicals warn of a possible pullback.
OKX reportedly eyes Coinone stake in South Korea push
OKX is reportedly seeking a 20% stake in South Korean crypto exchange Coinone as foreign and domestic firms compete for market access.
Hana Financial to acquire 6.55% stake in Upbit operator Dunamu for $668M
The purchase makes Hana Financial the fourth-largest shareholder in Dunamu, following several crypto-related deals in the last two months, as it dives deeper into the digital assets sector.
Australia’s proposed CGT changes could discourage long-term crypto holding
Robin Singh, CEO and founder of Koinly said the changes will hurt low-income crypto investors most and could encourage more short-term trading.
Signal hints it could leave Canada over lawful access bill
Signal’s vice president of strategy said the firm “would rather pull out of the country” than comply with Bill C-22, which could threaten end-to-end encryption.
Bullish shares dip on Q1 earnings miss, $605M loss
Bullish stock dropped in trading with the crypto exchange’s first-quarter earnings miss, adding to the crypto companies that have underperformed in the quarter.
Strategy’s STRC hits record $1.5B trading volume
Strategy has leaned on Stretch to fund Bitcoin buys over the past 12 months as funding through senior convertible notes and at-the-market equity offerings has tightened.
Kraken joins LayerZero exodus as it switches to Chainlink CCIP
LayerZero has come under scrutiny since it was exploited in April, as crypto protocols reevaluate their cross-chain providers and seek safer alternatives.
Gemini reports 42% revenue growth after expansion into financial services
Gemini credit card revenue surged nearly 300% to $14.7 million in Q1, attributed to significant growth in its user base.