Decentralized finance protocol Aave filed an emergency motion on Monday in New York to vacate a restraining notice from a US law firm aimed at blocking Arbitrum DAO from transferring 30,766 Ether to the victims of the Kelp exploit. Gerstein Harrow LLP served Arbitrum DAO with a restraining notice on Friday, arguing its clients are…
Western Union has launched its US dollar-denominated USDPT stablecoin on Solana, marking its first move into blockchain-based payments and onchain settlement for its global remittance network. One of the crypto infrastructure platforms involved in the launch, Fireblocks, said on Monday that USDPT is initially being rolled out in Bolivia and the Philippines, while Western Union…
Key takeaways: Improved Bitcoin mining profitability and massive ETF inflows have calmed investors’ fears that miner selling could cap BTC price. Bitcoin dominance hits its highest level since July 2025 as investor interest shifts away from struggling altcoin sectors. Bitcoin (BTC) surged to $80,000 for the first time in three months on Monday, triggering $270…
World Liberty Financial filed a defamation lawsuit against Tron founder Justin Sun in Florida, escalating a legal fight between the Trump family-linked crypto platform and one of its largest investors. The lawsuit, filed Monday in the Eleventh Judicial Circuit Court for Miami-Dade County, accused Sun of making false public statements about World Liberty and violating…
In brief OpenMythos is a from-scratch reconstruction of the Claude Mythos architecture, built only from public research papers and educated guesses. Claude Mythos is Anthropic’s most powerful model, locked away in Project Glasswing because it autonomously found 271 Firefox vulnerabilities and 32-step network attacks. The repo is theoretical scaffolding—code without trained weights. It mirrors a…
The Depository Trust & Clearing Corporation (DTCC) plans to pilot trading of tokenized securities in July with a goal of a full service launch in October. The post-trade market infrastructure giant said Monday that more than 50 TradFi and DeFi firms will play a role in the design and deployment of the service. That DTCC…
In brief Aave asks a New York court to release $71 million frozen on Arbitrum after the Kelp DAO exploit. Plaintiffs claim the funds are tied to North Korea and can be seized to satisfy old judgments. Aave says the assets belong to users and are needed to stabilize DeFi markets after the hack. A…
Bitcoin (BTC) reached a new three-month high of $80,500 on Monday, testing the level for the first time since Jan. 31. The rally above $80,000 puts the price just below short-term holders’ cost basis of $81,486, the next dynamic resistance level. For the rally to continue, a daily close above this level is key to…
In brief K Wave Media’s board approved a strategic transformation to reposition the company as an AI infrastructure-focused entity. The Nasdaq-listed company secured access to $485 million in funding from Anson Funds, which was previously committed to its Bitcoin treasury strategy. Shareholders will vote on a potential rebrand to Talivar Technologies at the company’s annual…
In brief Katie Haun’s Haun Ventures said Monday that it has raised a $1 billion investment fund. The fund targets financial infrastructure rebuilds, expanded tokenization, and AI agent transaction systems. Haun’s previous fund scored wins with Bridge’s $1.1 billion Stripe exit and BVNK’s $1.8 billion acquisition by Mastercard. Haun Ventures announced Monday that it has…