TL;DR Evercrest Technologies, the company behind KelpDAO, has filed a civil claim against LayerZero entities and co-founder Bryan Pellegrino. The lawsuit concerns …
bridge
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In brief Evercrest Technologies has filed a civil claim against LayerZero, its Canadian arm and co-founder Bryan Pellegrino in the Supreme Court …
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Pendle has launched its RWAfi platform, providing DeFi users with unprecedented access to traditional finance (TradFi) yields. This innovative move allows traditional …
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Mining
Riot Platforms locked in a $9.1 billion Anthropic deal, but its bridge loan expires before the rent starts
by shayaanby shayaanRiot Platforms has secured up to $573 million of interim financing for the $9.1 billion>Bitcoin miner expects the project to start generating …
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Scams
This Bitcoin Bridge Shut Itself Down Because AI Was Finding Bugs Too Fast
by shayaanby shayaanIn brief Bitcoin bridge Boltz has suspended its Bitcoin swap service indefinitely. The company says AI-assisted attacks are outpacing its ability to …
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Mining
Bitcoin miner gambles on a 4-day bridge loan equal to 97% of its BTC treasury value – the deadline passed without in total silence
by shayaanby shayaanPowerCompute, a Bitcoin miner expanding into high-performance computing, disclosed that its US Digital subsidiary borrowed about $18.07 million from Arch Lending under …
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Crypto exchanges built perpetual futures for digital assets. Now they are using them to offer 24/7 exposure to stocks, commodities and indexes. …
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Adoption
UK And US Forge Stablecoin Regulatory Bridge For Cross-Border Payments
by shayaanby shayaanStablecoin regulation has been a fragmented affair across jurisdictions. That might finally be changing after the UK and US governments released a …
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Markets
FundBank becomes IRACE Digital in bid to bridge traditional finance and crypto
by shayaanby shayaanThe institutional banking provider is expanding into digital asset custody, liquidity and execution services as former Zodia Custody CEO John Cronin takes …
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DeFi
Kuvi Labs Joins Forces with AstroX Finance to Bridge DeFi with Web3 Cross-Chain Utilities
by shayaanby shayaanIn a strategic move to unleash advanced capabilities of Web3 applications for crypto users, Kuvi Labs, an AI-driven cryptocurrency platform, today entered …