DeFi
Ethereum’s latest network upgrade, Pectra, is already reshaping how users interact with the blockchain. Within just one week of its rollout around May 6, more than 11,000 authorizations tied to EIP-7702 have been recorded on-chain—signaling a strong start for the upgrade’s most user-focused innovation. EIP-7702 introduces
DeFi
In a move to bolster its decentralized finance (DeFi) capabilities, contributors to the Synthetix network have proposed a $27 million token swap to acquire Derive, a decentralized protocol specializing in options trading. The proposal, outlined in Synthetix Improvement Proposal (SIP-415), details an exchange of Synthetix's native SNX tokens
Cryptocurrency
DeFi Development Corp., a software company that has recently pivoted towards the cryptocurrency sector, has significantly expanded its Solana (SOL) holdings. The company purchased 172,670 SOL, valued at approximately $23.6 million, marking its 10th acquisition and pushing its total Solana stake to over $100 million. The latest purchase
Markets
Coinbase Global, one of the world's leading cryptocurrency exchanges, is set to join the prestigious S&P 500 index on May 19, a move signaling a major breakthrough for both the company and the broader crypto market. This announcement, though somewhat anticipated given Coinbase's substantial
Finance
Robinhood is stepping deeper into Canada's crypto market by acquiring WonderFi for approximately C$250 million ($179 million), signaling a strategic move to expand its international presence. The all-cash acquisition values WonderFi at 36 Canadian cents per share—a robust 41% premium compared to its previous closing price.
Cryptocurrency
Japanese investment firm Metaplanet is deepening its commitment to Bitcoin, announcing a $15 million bond issuance aimed at accelerating its BTC acquisition strategy. The move reinforces the company’s long-term bullish stance on digital assets, even as Bitcoin faces short-term price volatility. The newly issued zero-interest bonds, set to mature
Security
Curve Finance, one of the largest protocols in decentralized finance (DeFi), has reportedly fallen victim to a DNS hijack, prompting urgent warnings from its team and disrupting related services across the DeFi ecosystem. In a public alert shared via X (formerly Twitter), the Curve Finance team advised users to immediately
Security
In the latest reminder of persistent security risks in the crypto industry, the official ZKsync account on X (formerly Twitter) was briefly compromised to promote a fraudulent token airdrop. The unauthorized post, which circulated for around 15 minutes before being taken down, falsely claimed that all followers were eligible to
Cryptocurrency
In a surprising intersection of sports, finance, and national policy, UFC star Conor McGregor and longtime Bitcoin advocate Max Keiser are calling on Ireland to create a strategic national Bitcoin reserve. Their proposal comes amid heightened economic uncertainty and a growing global debate over the future of monetary sovereignty. McGregor,
Cryptocurrency
Institutional appetite for digital assets continues to grow, with global crypto investment products attracting $882 million in net inflows over the past week. The latest surge marks the fourth consecutive week of gains and lifts year-to-date inflows to $6.7 billion—just shy of the $7.3 billion peak recorded
Regulation
U.S. Securities and Exchange Commission (SEC) Commissioner Caroline Crenshaw has issued a sharp rebuke of the agency’s recent settlement with Ripple Labs, criticizing the move as a significant blow to crypto enforcement and investor protections. In a strongly worded public statement, Crenshaw expressed deep concern that the $75
Regulation
U.S. Senate Democrats are intensifying scrutiny over former President Donald Trump’s reported connections to cryptocurrency firms—particularly Binance—amid growing concerns about regulatory compliance and political influence in the digital asset space. In a formal letter sent Friday to Treasury Secretary Scott Bessent and Attorney General Pam Bondi,