Resolv Labs recently experienced a major exploit in its USR stablecoin system, leading to the minting of 80 million unbacked tokens. Summary USR stablecoin crashes to $0.14 after exploit, rebounding to $0.42. DeFi protocols quickly respond to exploit, with some pausing markets to limit risk. Resolv Labs reassures users, stating collateral pool remains intact despite…
Animoca Brands has made a strategic investment in Ava Labs and entered a partnership aimed at accelerating growth across the Avalanche ecosystem, with an initial focus on entertainment, real-world assets, and digital identity. The companies said the collaboration will center on capital deployment, product integrations, and strategic advisory support for projects building on Avalanche. The…
A tentative agreement on stablecoin rewards has renewed hope for the CLARITY Act, a key piece of cryptocurrency legislation. Summary Galaxy Research warns that the crypto bill still faces critical regulatory hurdles ahead. Despite recent stablecoin deal, key issues like DeFi regulation remain unresolved. The crypto industry faces uncertainty as the legislative clock runs out…
Datavault AI said Thursday it has signed a definitive agreement to acquire NYIAX, a move that gives the company control of blockchain-based exchange technology it says will underpin a broader push into institutional trading venues for data and other tokenized real-world assets. The announcement converts an October 13, 2025 letter of intent into a formal…
SIREN is by far the top performer today as most altcoins have marked 5-8% declines. Amid the latest developments and threats on the Middle East war front, bitcoin’s price was rejected at $71,000 yesterday and dipped to a three-week low of around $68,000. Most altcoins have followed suit, with ETH sliding beneath $2,100, XRP…
VanEck, a prominent investment firm, has observed a shift in the Bitcoin (BTC) options market, highlighting growing defensive positioning from investors. The recent surge in put option demand and the drop in call option premiums signal a cautious outlook for Bitcoin’s price. This trend reflects investor concerns about macroeconomic factors and market volatility. Summary Bitcoin’s…
NASA today expanded SpaceX’s responsibilities within the Artemis lunar program while scaling back Boeing’s involvement, a realignment driven by growing frustration with legacy contractor delays and a deepening reliance on SpaceX’s reusable vehicle technology. According to a Bloomberg report, SpaceX’s Starship would take on a central role by docking with Orion in Earth orbit and…
The metric is down to 10 even though BTC is far from its February bottom. It has been roughly two months in which fear or even extreme fear has dominated the cryptocurrency markets, as evident from a popular index. The latest decline in this metric took place over the past day as bitcoin’s price,…
Bhutan has sold over $110m in Bitcoin in 2026, cutting sovereign holdings by about 65% from their peak as Druk Holding shifts from mining-led accumulation to steady liquidation. Summary Druk Holding & Investments has offloaded more than $110m in BTC this year, including a 973 BTC transfer worth about $72.3m on March 17–18 routed partly…
Resolv’s USR stablecoin depegged following an apparent smart contract exploit on Sunday that allowed an attacker to mint 80 million USR tokens and dump them across decentralized exchanges, as noted by onchain analysts Ai Yi (@ai_9684xtpa) and PeckShield. .@ResolvLabs It seems multiple large amounts of $USR have been minted. Stay alert! $50m: https://t.co/gDrTBJDkax$30m: https://t.co/jLyvQkMMSV pic.twitter.com/0F7JZrKR4V…
