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Kelp DAO leveraged for $292 million with wrapped ether stranded across 20 chains

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A cross-chain bridge that holds nearly a fifth of a resumed ether token’s circulating supply has just been drained, and the fallout is moving through DeFi faster than the Kelp DAO can pause contracts. An attacker drained 116,500 rsETH (reclaimed ether) from Kelp DAO’s LayerZero powered bridge at 17:35 UTC Saturday, worth about $292 million […]

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Why Michael Saylor’s strategy decided to make STRC’s dividend bimonthly

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Leading bitcoin tax firm Strategy (MSTR) has proposed moving the dividend payment schedule on its perennial favorite equity, Stretch (STRC), from monthly to semi-monthly. The change, outlined in the Strategy’s investor presentation, will keep the annual dividend rate at 11.5% and total annual liabilities unchanged (currently $1.2 billion). Holders would receive payouts roughly every two

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Here’s how crypto companies are adapting as AI increasingly eats into venture capital funding

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Forty cents of every venture capital dollar invested in crypto companies in 2025 went to firms building products that combine artificial intelligence and crypto, more than double the 18 cents a year earlier. “AI is increasingly entering crypto not as a parallel narrative, but as part of crypto’s own product and infrastructure stack,” Binance Research

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Stripe doubles down on blockchain, stablecoins to become ‘AWS for money’, says crypto chief

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Global payments giant Stripe is building what it calls “AWS for money,” and crypto technology is at the center of that plan. At the RWA Summit in Cannes, France, Adrien Duchâteau, Stripe’s head of crypto go-to-market, said the company is now integrating stablecoins and blockchain across its core payments stack as it looks to modernize

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This Bitcoin mining pool lets users keep one whole BTC. It just found its second block

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A bitcoin mining pool built to reject both the industrial pay-per-share model and the pure lottery approach has now proven its design works. Twice. Upstart mining pool Parasite Pool mined block 945,601 on Friday morning, its second block since launching in April 2025 and about 48 days after the pool’s first block of #938,713 in

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Binance and Biget Investigate RAVE’s 4,500% Token Rise as Allegations of Insider-Orchestrated Rally Grow

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Binance and Bitget, two major cryptocurrency exchanges, have opened investigations into trading activity surrounding RaveDAO’s RAVE token after alleged insiders on chain ZachXBT made a large short squeeze that fueled the token’s rapid rise. Crypto exchange Bitget CEO Gracy Chen said the exchange had “begun to investigate” the matter, while Binance CEO Richard Teng later

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Zondacrypto under fire as Donald Tusk links exchange to regulatory interference

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Polish cryptocurrency exchange Zondacrypto’s problems just keep mounting. Already under fire following reports of frozen or delayed customer withdrawals, the company drew the ire of Prime Minister Donald Tusk on Friday, who told parliament that the company had sponsored some politicians opposed to regulation of the crypto market. Blocking the legislation by some politicians showed

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