Insider at Solana’s Cypher Protocol Admits to Stealing $300K
Core contributor Hoak blamed his actions on a “crippling gambling addiction.”
Financial
May 2025
Financial
Vitalik Buterin’s Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews
After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative.
Financial
The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders Say
Crypto-focused PACs are shaping the outcome of certain key Congressional elections.
Financial
DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and plans to hisse the lion’s share of protocol revenues back to liquidity providers.
Financial
‘Liquid Vesting’ Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting
The new feature from Colony Lab, a developer and project incubator in the Avalanche blockchain ecosystem, called “liquid vesting,” lets early investors, such as founders or VC backers, sell their tokens before their vesting period is over.
Financial
State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF
The state’s investment board bought 94,562 shares of BlackRock’s iShares Bitcoin Trust in the first quarter of the year.
Financial
Peter Thiel’s Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket
The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding close to $75 million.
Financial
‘CryptoDad’ Giancarlo Joins Paxos Board
J. Christopher Giancarlo, a former chief of the U.S. Commodity Futures Trading Commission, has joined the board of directors for the firm that issues the PayPal stablecoin.
Financial
RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual
The company aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology.
Financial
First Mover Americas: Bitcoin Dips Below $62K Ahead of U.S. Inflation Figures
The latest price moves in crypto markets in context for May 14, 2024.