Aave Seeks $71 Million in Frozen Ethereum as Coinbase Cuts Jobs
Aave asked a New York federal court to unfreeze just over $71 million in Ethereum recovered after the April Kelp DAO exploit, arguing the assets belong to…
Daily News
The Coin Daily's daily news roundup — corporate, regulatory, and market events shaping crypto, every weekday.
World Liberty Counters Justin Sun as Bitmine Deepens Ethereum Bet
World Liberty Financial, the Trump family-affiliated crypto venture, filed a countersuit against Tron founder Justin Sun in Florida state court on May 4 a…
Kraken’s Bitnomial Deal and BlackRock’s OCC Push Test U.S. Market Structure
Payward, Kraken’s parent company, completed its acquisition of Bitnomial for up to $550 million, giving the group direct control of a fully CFTC-licensed…
Senate Restricts Prediction-Market Trading as Tether Expands Gold Reserves
The US Senate unanimously barred senators and their staff from trading on prediction-market platforms including Polymarket and Kalshi, with the ethics rul…
Bitcoin ETF Outflows Break Market Calm as Kelp Recovery Tests DeFi
Bitcoin fell below $77,000 after a 9-day run of ETF inflows reversed into a $263 million outflow ahead of the Fed meeting, putting the mid-$70,000 area an…
Strategy's $255 Million Bitcoin Buy Meets Europe's New Stablecoin Rails
Strategy bought 3,273 Bitcoin for about $255 million, lifting its holdings to more than 818,000 coins worth above $61 billion at an average purchase price…
VanEck Turns Bullish on Bitcoin as Solana Nears a Break
VanEck said Bitcoin is showing early signs of a reset, citing realised volatility falling from 56% to 41%, funding rates at -1.8%, miner stress and shifti…
ECB Digital Euro Buildout and Tether Freeze Expose Control Over Crypto Rails
The European Central Bank signed agreements with ECPC, nexo standards and the Berlin Group to integrate a potential digital euro into existing payments in…
Morgan Stanley Builds Stablecoin Reserve Rails as Wisconsin Challenges Prediction Markets
KuCoin launched a Mastercard-linked USDC card in Australia with payments firm Immersve, allowing eligible users to fund purchases in USDC with instant con…
Bitcoin ETF Inflows Surge as Price Stalls and Tether Tightens Control
BlackRock's iShares Bitcoin Trust recorded a 7-day streak with more than $1.9 billion in net inflows, with more than 70% going to IBIT, as U.S.
Ethereum Jumps as Bybit Builds AI Trading Rails for Institutions
Ethereum rose more than 4% to about $2,410, rebounding from early-April lows near $2,300 and returning to the top of its recent range without an Ethereum-…
Kelp DAO Exploit Flows Pressure Ethereum as Strategy Adds Bitcoin
Funds tied to the Kelp DAO exploit moved 75,700 ETH, worth about $175 million, through new addresses including THORChain and Umbra, while Arbitrum's Secur…
Strategy’s $2.54 Billion Bitcoin Buy Meets a Market Still Compressed
Strategy bought 34,164 Bitcoin for $2.54 billion at an average price of about $74,463 per coin, taking its treasury to 815,061 Bitcoin, but the market res…
Aave Slides on Exploit Overhang as Crypto Lags Rising Stocks
Aave fell as low as $89.84 after exploit-related headlines and a freeze on affected rsETH markets, before recovering toward the low $92s while remaining b…
Bitcoin Slips Back Into Range as Solana-XRP Link Tests Liquidity
Bitcoin fell back into its recent range after failing to hold a move above resistance, with spot at $76,149 and support and resistance marked at $76,057 a…
Aave’s Institutional Push Meets Derivatives Tension Across a Range-Bound Market
Aave Labs obtained SOC 2 Type II attestation covering Security, Availability, and Confidentiality as it formalises operational controls ahead of its next…
Treasury Tightens Stablecoin Rules as Morgan Stanley Debuts Bitcoin ETF
The U.S.
CZ Reframes FTX's Final Days as Crypto Tests a Leverage Reset
Binance founder Changpeng Zhao says in a new memoir that Binance never seriously intended to buy FTX in November 2022, describing the public rescue announ…
Binance Faces Fresh US Scrutiny as Solana’s USDC Supply Surges
US lawmakers led by Senator Blumenthal asked Binance for records, communications, wallet details and compliance reports tied to alleged Iran-linked transa…
Circle’s USDC Response and Coinbase’s Michigan Fight Test Crypto Control
Drift Protocol, a Solana-based exchange, lost about $280 million in an April 1 exploit, after which critics said Circle did not freeze stolen USDC quickly…
Coinbase’s OCC Advance Meets a Crypto Market Stuck in Dispersion
Coinbase received conditional approval from the Office of the Comptroller of the Currency to move its custody business toward operating as a federally sup…
Drift Hack Freezes DeFi Operations as Schwab Opens Direct Crypto Access
Drift, a Solana-based DeFi platform, froze deposits and withdrawals after an April 1 attack drained more than $200 million, with some estimates putting lo…
Drift Exploit Hits Solana as Aave Rolls Out Risk-Controlled V4
Drift Protocol, Solana's leading perpetuals exchange, said it was under active attack, suspended deposits and withdrawals, and began coordinating with sec…
US Stablecoin Rules Meet Crypto Market Stress as Shorts Build
US agencies published an interpretive framework for crypto assets and activities that sets out definitions and compliance categories without creating imme…
KuCoin’s US Ban and Solana’s USDC Mint Define the Day
KuCoin agreed to a permanent ban on serving U.S.