In brief Aave asks a New York court to release $71 million frozen on Arbitrum after the Kelp DAO exploit. Plaintiffs claim …
Million
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Markets
GameStop's $55.5 billion eBay takeover bid puts its $368 million bitcoin stash in the crosshairs
by shayaanby shayaanThe video game retailer’s proposed acquisition plan revives question on whether its $368 million bitcoin stash could be sold to fund the …
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Markets
Tom Lee says 'crypto spring' started as largest Ethereum treasury buys $238 million in ether
by shayaanby shayaanBitmine’s latest ETH purchase comes as Lee cited progress on digital asset regulation CLARITY Act as a key catalyst for crypto markets. …
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Markets
Kraken parent Payward closes $550 million Bitnomial deal, securing full CFTC derivatives stack
by shayaanby shayaanThe deal gives Payward a full CFTC-regulated derivatives stack in the U.S. www.coindesk.com
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Markets
Canadian pension giant AIMCo buys the dip in Strategy, now sitting on $69 million unrealized gain
by shayaanby shayaanAIMCo returns to Michael Saylor’s bitcoin treasury company years after exiting, now sitting on a sizable unrealized gain. www.coindesk.com
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In brief The Ethereum Foundation sold about $23 million worth of ETH to BitMine Immersion Technologies. It’s the second straight weekly sale …
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DeFi
DeFi shaken by $292 million hack, but showing resilience, Standard Chartered says
by shayaanby shayaanDecentralized finance (DeFi) was “bent, not broken” after a $292 million exploit on April 18 exposed systemic risks, according to investment bank …
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Web3
Datavault AI and Kings Mine Capital Agree to Establish $150 Million+ GoldVault(TM) Tokenization Program
by shayaanby shayaanAgreement Contemplates Bullion at $3,000 an Ounce to Spot for 24-Month Delivery with $40 Million Projected Profit at $5000 an Ounce. GoldVault™ …
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DeFi
Ondo Finance adds proxy voting for holders of its $700 million tokenized equities
by shayaanby shayaanOndo Finance is bringing tokenized equities closer to their traditional counterparts, offering investors a way to participate in corporate governance. The feature, …
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Markets
Galaxy Digital leads $20 million investment in Fence to overhaul back end of $6 trillion credit market
by shayaanby shayaanStartup Fence uses blockchain technology and tokenization in the background to automate processes that many asset managers still rely on manual workflows. …