Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.…
Why bond investors quickly lost their enthusiasm for weak jobs figures
A weak U.S. labor report did what bad news hadn’t done in a while: It made U.S. debt look like a safe haven again — albeit briefly. Source:MarketWatch
Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown
The former SEC chairman who may be tapped to oversee the Trump administration's AI work has a potentially divisive history as a watchdog of tech innovation.…
71% of UK finance leaders expect tokenization to reshape financial services: Lloyds
A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for…
Crypto’s billions are back, but the premiums aren’t
Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their oncehigh valuations.…
Federal Reserve Board issues enforcement action with Ontario Bancorporation, Inc.
Federal Reserve Board issues enforcement action with Ontario Bancorporation, Inc. Source:Federal Reserve
‘Euro stablecoin isn’t enough’: EU issuers make case for USD tokens
European issuers say Europe cannot ignore demand for dollar stablecoins as businesses seek USD liquidity for global payments and settlement.…
Circle urges EU to revise stablecoin reserve rules in MiCA review
Circle wants the EU to replace mandatory bankdeposit minimums with more flexible liquidity rules and preserve crossborder stablecoin issuance.…
Bitcoin treasuries may struggle to match Strategy, says Ammous
Strategy’s scale and cash reserves give it an edge over treasury rivals, according to Saifedean Ammous, author of “The Bitcoin Standard.” Source:Cointelegraph
CONNECT recap: Arthur Hayes on money printing, Wall Street moves onchain
Arthur Hayes said money printing could lift crypto prices, while CONNECT Seoul speakers examined Wall Street’s competitive edge onchain. Source:Cointelegraph
Aave founder says V3 unaffected after third-party adapter exploit drains $305K
Aave founder Stani Kulechov said Aave v3 was unaffected after an attacker exploited a thirdparty adapter to drain about $305,000 from two Safe multisig…
Porsche’s ‘long haul’ Web3 project ends in less than four years
Porsche is winding down its Web3 project and Pioneers Circle community as trading activity in its 911 NFT collection falls sharply from early levels.…