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The Interchain Foundation, a Swiss non-profit organization founded to steward the Cosmos blockchain ecosystem, has invested in the liquid staking protocol Stride to create a decentralized exchange.With this investment, Stride is set to develop Stride Swap, a decentralized exchange on the Cosmos Hub.…
Aleph Zero is launching a new crypto web app designed for private, cross-chain transactions. Built on Aleph Zero’s infrastructure in conjunction with Common, a new privacy-focused DeFi project created by Aleph Zero co-founder Adam Gagol, the app aims to shield blockchain activity while preserving au…
A "suspicious" transfer worth around 3,520 BTC ($330.7 million) occurred on Sunday, which appears to be a theft event, according to on-chain investigator ZachXBT.ZachXBT reported on X that the transfer was made from a potential victim's wallet to the address "bc1qcry...vz55g." Shortly after the tran…
Global crypto investment products run by asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares and 21Shares registered $3.4 billion worth of net inflows last week, according to CoinShares data. The figure represents the largest net inflows since mid-December and the third-largest…
Nike is facing a class action lawsuit filed by buyers of Nike-themed non-fungible tokens seeking $5 million in damages after the company's NFT subsidiary, RTFKT, shut down in January.In a lawsuit filed on Friday, a group of investors accused Nike of orchestrating a rug pull and alleged that the athl…
Crypto lender Nexo is reentering the U.S. market, nearly two years after halting services for American clients due to regulatory scrutiny of its Earn Interest Product.The company revealed its return during a closed-door business event, where it announced plans to reintroduce crypto savings accounts,…
Newly created advocacy group Solana Policy Institute is adding another crypto veteran to its ranks — Rachel Green Horn will be its chief marketing officer.Green Horn, who was previously the chief marketing and communications officer at Filecoin Foundation, starts her new role on Monday, according to…
Ethereum public goods funding protocol Gitcoin is shutting down its primary software development unit, Gitcoin Labs, according to an announcement on Friday. The decision was made in part because a “path to profitability” was unrealistic, Gitcoin co-founder Kevin Owocki said in a statement. “The fina…
The so-called MSTR of Solana, DeFi Development Company (ticker JNVR) has filed a $1 billion shelf offering with the U.S. Securities and Exchange Commission, according to a filing on Friday. A shelf offering, also known as a shelf registration, allows a company to register a new securities issuance w…
ZK Nation, the decentralized community overseeing the ZKsync protocol, announced Wednesday that it has received stolen funds from the hack that occurred earlier this month after a 10% bounty was accepted by the attacker."The assets are now in custody of the Security Council, and the decision on what…
The sentencing of former Celsius CEO Alex Mashinsky is scheduled for May 8, 2025, following his guilty plea on two criminal counts late last year, according to a New York district court filing on Wednesday.In July 2023, federal prosecutors accused Mashinsky of several crimes, including commodities f…
Gate.io has pledged full compensation to users affected by an emergency system upgrade on Wednesday involving its futures services amid "excessive traffic" issues."Due to the excessive platform traffic at 9:30 (UTC) on April 23, 2025, we had to urgently expand and upgrade the contract services," the…