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Lido DAO votes to enable dual governance, giving stakers veto power

Lido DAO votes to enable dual governance, giving stakers veto power

The governance DAO of Lido, Ethereum's largest liquid staking protocol that currently manages over a quarter of all staked ETH, is set to give its stakers the ability to delay or veto governance decisions following a near-unanimous vote. The dual governance system is intended to safeguard against a …

New York asset manager KraneShares files to list Coinbase 50 Index ETF

New York asset manager KraneShares files to list Coinbase 50 Index ETF

KraneShares, an asset management firm specializing in exchange-traded funds, is looking to list a "Coinbase 50 Index ETF" that would track the 50 largest digital assets by market capitalization, according to an announcement. The firm submitted its registration filing with the U.S. Securities and Exc…

Operator behind sham crypto firms EmpowerCoin, ECoinPlus, and Jet-Coin sentenced to 8 years in prison

Operator behind sham crypto firms EmpowerCoin, ECoinPlus, and Jet-Coin sentenced to 8 years in prison

Dwayne Golden, a 57-year-old man from Pennsylvania, was sentenced to 97 months, or about eight years, in prison for his role in operating crypto schemes defrauding $40 million from investors, according to a release from the United States Department of Justice.Golden, as well as co-conspirators Grego…

Front-end and private key exploits drove over $2 billion in crypto thefts during H1 2025: report

Front-end and private key exploits drove over $2 billion in crypto thefts during H1 2025: report

Hackers looted $2.1 billion from the cryptocurrency sector in the first half of 2025, and more than 80% of that haul stemmed from infrastructure attacks, blockchain intelligence firm TRM Labs said in a Thursday report.Private-key thefts, seed-phrase exploits, and front-end hijacks—often enabled by s…

OpenSea co-founder Alex Atallah raises $40 million for AI startup OpenRouter

OpenSea co-founder Alex Atallah raises $40 million for AI startup OpenRouter

OpenRouter, headed up by a former OpenSea co-founder, has raised $40 million in combined seed and Series A funding to accelerate the development of its large language models aggregator platform.The financing was led by Andreessen Horowitz and Menlo Ventures, with participation from Sequoia and promi…

Bitcoin treasury firm Metaplanet raises $515 million through new stock issuance

Bitcoin treasury firm Metaplanet raises $515 million through new stock issuance

Tokyo-listed Metaplanet raised 74.9 billion JPY ($515 million) to buy more bitcoin following the recently announced plan to acquire 1% of BTC’s 21 million supply.A Wednesday filing showed that Metaplanet's primary backer, EVO Fund, exercised 540,000 stock-acquisition rights, converting them into 54 …

CoinShares says wealthy investors want crypto advice — but don’t trust financial advisors to give it

CoinShares says wealthy investors want crypto advice — but don’t trust financial advisors to give it

The latest investor sentiment study from crypto asset manager CoinShares revealed a significant credibility gap facing financial advisors: while most wealthy investors seek expert guidance on digital assets, many doubt their advisors are up to the task.CoinShares' survey of 500 investors — including…

Canton blockchain developer Digital Asset raises $135 million in Goldman Sachs-backed round to accelerate adoption

Canton blockchain developer Digital Asset raises $135 million in Goldman Sachs-backed round to accelerate adoption

Digital Asset, the primary developer behind the privacy-focused Canton Network, has raised $135 million in a strategic funding round led by DRW Venture Capital and Tradeweb Markets.BNP Paribas, Circle Ventures, Citadel Securities, The Depository Trust & Clearing Corporation, Goldman Sachs, IMC, Libe…

Crypto markets hold at ‘inflection point’ after bitcoin’s dip on Middle East friction: analysts

Crypto markets hold at ‘inflection point’ after bitcoin’s dip on Middle East friction: analysts

Bitcoin floated around $102,000 on Monday afternoon, reversing a slide below $99,000 that wiped out more than $1 billion in crypto leveraged positions and slammed altcoins after U.S. missile strikes hit Iranian targets.Derive.xyz reported a jump in short-dated implied volatility as traders digested …

Paris-based internet-of-things firm Sequans to raise $385 million via debt and equity offering to acquire bitcoin

Paris-based internet-of-things firm Sequans to raise $385 million via debt and equity offering to acquire bitcoin

Paris-based internet-of-things firm Sequans Communications (ticker SQNS) is the latest publicly traded firm to launch a Bitcoin treasury initiative, according to an announcement on Monday.The firm plans to fund its purchases through nearly $385 million worth of private placement deals, including deb…

Trump Media’s $400 million stock repurchase plan will not alter its multi-billion Bitcoin treasury designs

Trump Media’s $400 million stock repurchase plan will not alter its multi-billion Bitcoin treasury designs

Trump Media and Technology Group (ticker DJT), the parent company behind alternative social media site Truth Social and fintech startup Truth.Fi, plans to repurchase up to $400 million worth of shares."The Board took a vote of confidence in our Company, our stock, and our strategic plans," Trump Med…

Hacken cites ‘human error’ after private key leak triggers $5 million crash in $HAI value

Hacken cites ‘human error’ after private key leak triggers $5 million crash in $HAI value

Ukrainian cybersecurity firm Hacken said "human error" was to blame for a private key leak that led to near-unlimited minting of its native $HAI token, crashing its value by around 98%. "A private key of an account with a minter role (ETH & BNB) was compromised, leading to unauthorized HAI minting a…