Exchange
VanEck, Grayscale file fresh BNB ETF amendments as race for next altcoin spot ETF accelerates
Canary Capital, meanwhile, continues to push forward on its first-of-its-kind staked TRX ETF, also filing an amendment on Friday.
CryptoClub.cc
Regulation
House Agriculture leaders press Trump to appoint CFTC commissioners as CLARITY Act advances in Senate
Chair Michael Selig has been the agency's sole commissioner since December, with four seats sitting empty, as Trump has not nominated replacements.
Security
The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up
KelpDAO suffered a devastating security breach that drained $293 million from the decentralized finance protocol, marking one of the largest DeFi hacks recorded this year. The exploit targeted vulnerabilities in the platform's liquid staking infrastructure, allowing attackers to manipulate smart contract functions and extract funds across multiple transactions.
Macro
Bhutan ‘doesn’t recall’ selling any bitcoin, disputing widely-tracked $1 billion BTC drawdown
The Kingdom of Bhutan has disputed reports suggesting it sold approximately $1 billion worth of bitcoin from its national reserves, with government officials stating they "don't recall" conducting any such sales. The denial comes after blockchain analytics and market tracking services widely reported significant bitcoin movements
Regulation
President Trump Discloses Coinbase, Robinhood and Bitcoin Mining Stock Trades
President Donald Trump reported trades in crypto firms like Coinbase and Robinhood, among others, according to new ethics filings.
Technology
Lombard joins LayerZero exodus as $4 billion in assets switch to Chainlink's bridge
Lombard Finance has become the latest protocol to migrate away from LayerZero's infrastructure, joining a broader movement that has seen approximately $4 billion in digital assets transition to Chainlink's Cross-Chain Interoperability Protocol (CCIP). The Bitcoin liquid staking protocol announced its decision to switch bridge providers, citing
Macro
Saudi Arabia is tokenizing its multi-trillion dollar economy to protect its wealth from global shocks
Saudi Arabia has launched an ambitious initiative to tokenize significant portions of its multi-trillion dollar economy as part of a broader strategy to insulate its wealth from global economic volatility. The kingdom is implementing blockchain-based tokenization across various sectors including real estate, commodities, and government assets, according to reports from
Regulation
CME, ICE push U.S. regulators to scrutinize Hyperliquid over manipulation risks
Major U.S. derivatives exchanges CME Group and Intercontinental Exchange (ICE) have reportedly urged American regulators to investigate decentralized derivatives platform Hyperliquid over concerns about potential market manipulation risks. The traditional exchanges have raised questions about the oversight and regulatory compliance of the fast-growing DeFi platform, according to Bloomberg reporting.
Exchange
Kraken parent Payward cuts 150 staff, streamlining business ahead of planned IPO
Cryptocurrency exchange Kraken's parent company Payward has laid off approximately 150 employees as part of a strategic restructuring initiative ahead of its planned initial public offering. The workforce reduction represents roughly 15% of the company's total staff and affects multiple departments across the organization, according to
Regulation
Poland passes MiCA crypto bill as $96 million Zondacrypto probe deepens: report
Polish lawmakers adopted MiCA as prosecutors probe $96 million in losses from collapsed exchange Zondacrypto.
Regulation
Myanmar bill proposes death penalty for scam coercion, life imprisonment for crypto fraud: report
A Myanmar bill proposes the death penalty for scam coercion and life imprisonment for crypto-related offenses.
Security
Thorchain halts trading after $10 million cross-chain exploit, RUNE token drops 12%
Thorchain, a decentralized cross-chain liquidity protocol, has suspended all trading operations following a security exploit that drained approximately $10 million from the platform. The attack targeted the protocol's cross-chain bridge infrastructure, prompting developers to immediately halt network activity to prevent further losses. RUNE, Thorchain's native token,