Kraken parent sues ex-custodian Etana over alleged $25M “Ponzi scheme”
Summary Kraken’s parent company, Payward, has filed a second amended complaint in Colorado federal court accusing former custody partner Etana Custody and its CEO of misappropriating more than $25 million in client funds. The suit alleges Etana ran a “Ponzi…
SOL Strategies acquires HoudiniSwap in $18M deal to expand Solana infrastructure
SOL Strategies agreed to acquire HoudiniSwap for $18 million, adding a privacy focused cross chain swap aggregator as the public company expands its Solana infrastructure strategy beyond staking. HoudiniSwap generated about $13 million in revenue in 2025, with more than…
DTCC Tokenization Draws 50+ Firms for Live Securities Testing
Key Takeaways: DTCC plans July live trades before an October rollout for tokenized securities markets. Participation includes over 50 firms across banking, custody, trading, and digital asset sectors. DTC supports the effort with over $114 trillion in assets held across…
Pavel Durov Announces TON Integration: What His Message Means for You
Telegram CEO Pavel Durov announced on May 4, 2026, that Telegram will replace the TON Foundation as the driving force behind the TON blockchain – and will become its largest validator. Toncoin responded immediately, trading at $1.432, up +6.31% at…
The Next Sensation or ‘Top Scam Coin?’
Almost 62% of the coin’s supply is controlled by the top 10 holders, which is generally viewed as a red flag. Numerous leading cryptocurrencies have entered green territory over the past week, yet their gains can’t be compared to…
Binance Launches Withdrawal Lock Feature to Block Forced Fund Transfers
Key Takeaways: Binance introduced Withdraw Protection to block on-chain withdrawals during user-selected lockdown windows. Coercion risks can bypass passwords, 2FA, and other standard digital safeguards. Users can choose one- to seven-day locks, with optional early unlock requiring a security key…
DeFi Development launches $200M ATM to keep buying Solana
Nasdaq-listed DeFi Development Corp has launched a $200M at-the-market equity program, pledging to issue stock only when it boosts “SOL per share” and fuels its Solana reserve strategy. Summary Nasdaq-listed Solana treasury vehicle DeFi Development Corp has launched a $200…
Ripple Execs Are Firing Back And XRP Investors Could Be In For A Good Time
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple executives Brad Garlinghouse and David Schwartz have addressed recent claims made by Cardano founder Charles Hoskinson on the CLARITY Act and XRP. The CEO reiterated his…
Stani Kulechov: The recent bridge exploit posed an existential threat to DeFi, immediate collaboration is essential for recovery, and restoring confidence is more impactful than individual protocol performance
Key takeaways The recent bridge exploit was a significant threat to the DeFi ecosystem. Immediate action was crucial to prevent a collapse in DeFi. The potential collapse of DeFi could have been worse than the FTX incident. Teams often become…
BlackRock Urges OCC to Drop Tokenized Reserve Cap, Expand Eligible Assets in GENIUS Act Comment Letter
The asset management giant pushes back on proposed restrictions it says could hamper stablecoin reserve innovation without improving safety BlackRock, the world’s largest asset manager, has formally asked the U.S. Office of the Comptroller of the Currency (OCC) to abandon…
