This restructuring is part of a strategy to build a full-stack payments platform following the company’s acquisitions of Monavate and Baanx. www.coindesk.com
exodus
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Markets
Bitcoin ETFs see new money again, but inflows remain ‘peanuts’ relative to the recent exodus
by shayaanby shayaanBitcoin ETFs have attracted $273 million in new inflows in two weeks, but the total is barely enough to cover a single …
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Markets
Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus
by shayaanby shayaanMigrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, …
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The U.S. Securities and Exchange Commission (SEC) is doubling down on its ambitious Project Crypto initiative as it seeks to reverse years …
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The Ethereum community is once again debating the future of the foundation after co-executive director Hsiao-Wei Wang announced she would step down. …
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Smart Contracts
Ethereum Foundation Exodus Continues as Co-Director Hsiao-Wei Wang Departs
by shayaanby shayaanIn short The co-director of the Ethereum Foundation is leaving the organization. The departure continues a turnover trend at the Ethereum-focused organization. …
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Markets
Lombard joins LayerZero exodus as $4 billion in assets switch to Chainlink's bridge
by shayaanby shayaanThe shift comes after the Kelp DAO exploit drained $292 million from its LayerZero-powered bridge, increasing concerns over the security of cross-chain …
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Scams
Bitcoin Wallet Firm Exodus Expands Payments Push, Sells $87 Million in BTC
by shayaanby shayaanIn brief Exodus (EXOD) is expanding into the full payments stack with its Exodus Pay platform and new stablecoin. The firm completed …
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On stage, co-founder and CEO JP Richardson opened by talking about the company’s derailment at the New York Stock Exchange in May …
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Markets
Why DeFi isn't dead despite massive exploits and $13 billion investor exodus
by shayaanby shayaanA $292 million exploit and $13 billion TVL drop looks catastrophic on the surface, but the data tells a different story. www.coindesk.com