Iggy Azalea Hit With Lawsuit Over Memecoin

Rapper Iggy Azalea is facing a class-action lawsuit in the US, accusing her of misleading investors about the real-world utility and future development of her Solana-based memecoin Mother Iggy (MOTHER). The complaint filed by plaintiff Kenneth Kolbrak in a Manhattan federal court on Monday claimed Azalea, whose real name is Amethyst Amelia Kelly, made representations…

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Kelp Migrating rsETH to Chainlink, Blames LayerZero

DeFi protocol Kelp DAO said it will be migrating its restaking token, rsETH, to the Chainlink oracle platform after the $292 million exploit in April, as it continued to blame the attack on LayerZero’s cross-chain infrastructure. Hackers stole 116,500 Kelp DAO restaked ETH tokens on April 18 from Kelp DAO’s LayerZero-powered bridge, then used them…

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Blake Traded to Avalanche – Los Angeles Times

CALGARY, Canada — Unwilling to sign Rob Blake for the $9.6 million he requested and unwilling to let him walk away as an unrestricted free agent, the Kings traded their Norris Trophy-winning defenseman and rookie center Steven Reinprecht to the league-leading Colorado Avalanche late Wednesday for right wing Adam Deadmarsh, defenseman Aaron Miller, a first-round draft pick…

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