Stream Finance, the collapsed DeFi yield platform behind the depegged xUSD token, has telegraphed its first concrete steps toward a wind-down, more …
Plan
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Aave has entered a crucial stage in its recovery process after the recent rsETH exploit shocked the decentralized finance market. The protocol …
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Regulation
Meta receives a letter from Senator Elizabeth Warren over its stablecoin plan
by shayaanby shayaanMeta (NASDAQ: META) is under fire again with Senator Elizabeth Warren as the company plans to roll out stablecoin features to its …
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Mining
Bitcoin miners using AI as a bear market escape plan just got a new rival in Elon Musk
by shayaanby shayaanElon Musk’s SpaceX has turned one of the world’s largest artificial intelligence clusters into a commercial compute product, creating a new challenge …
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Regulation
Germany’s Klingbeil revives SPD plan to end crypto tax exemption in 2027 budget
by shayaanby shayaanGermany is moving to end one of Europe’s most generous crypto tax regimes. Vice Chancellor and Finance Minister Lars Klingbeil has finalized …
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Mining
K Wave Media scraps massive bitcoin treasury plan to redirect $485 million to AI
by shayaanby shayaanBitcoin miners are turning to AI infrastructure to ramp up revenues, and some treasury firms are joining in on the rotation too. …
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Scams
K-Pop Firm’s Stock Plunges as It Dumps Bitcoin Treasury Plan for AI Pivot
by shayaanby shayaanIn brief K Wave Media’s board approved a strategic transformation to reposition the company as an AI infrastructure-focused entity. The Nasdaq-listed company …
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Scams
Aave, Compound Unveil Technical Plan to Address Fallout From $290M Kelp DAO Hack
by shayaanby shayaanIn brief The DeFi United coalition has published a technical implementation for restoring rsETH token backing following the Kelp DAO hack. The …
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Markets
Industry leaders are pouring hundreds of millions into a rescue plan for Aave users after massive crypto hack
by shayaanby shayaanThe response to the DeFi recovery fund has quickly extended beyond Aave, and in some cases began with direct outreach. www.coindesk.com
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Finance
India pushes e-rupee through welfare pilots as BRICS digital currency plan takes shape
by shayaanby shayaanIndia is turning to welfare payments to drive adoption of its central bank digital currency as it prepares to put the CBDC …