Legend shuts down as DeFi apps struggle
Decentralised finance mobile platform Legend said it will shut down after roughly two years of operation as the broader crypto market downturn continues to pressure digital asset startups.

TV presenter and finance editor at Grafa, with a Master’s in Commerce from UWA and diverse industry experience in finance, insurance, and media.
Decentralised finance mobile platform Legend said it will shut down after roughly two years of operation as the broader crypto market downturn continues to pressure digital asset startups.
Decentralised finance mobile platform Legend said it will shut down after roughly two years of operation as the broader crypto market downturn continues to pressure digital asset startups.
Members of the US Senate Banking Committee filed more than 100 proposed amendments to a cryptocurrency market structure bill ahead of a scheduled markup session on Thursday.
Members of the US Senate Banking Committee filed more than 100 proposed amendments to a cryptocurrency market structure bill ahead of a scheduled markup session on Thursday.
North American lithium producer Elevra Lithium (ASX:ELV) has finalised a $275 million institutional placement.
North American lithium producer Elevra Lithium (ASX:ELV) has finalised a $275 million institutional placement.
FalconX expanded its tokenised structured credit facility onto the Monad network, allowing institutional credit vault deposits to be used as collateral across decentralised finance applications.
FalconX expanded its tokenised structured credit facility onto the Monad network, allowing institutional credit vault deposits to be used as collateral across decentralised finance applications.
Cancer diagnostics firm Pacific Edge (ASX:PEB) has capitalised on investor appetite, announcing an upsized NZ$25.4 million equity placement.
Cancer diagnostics firm Pacific Edge (ASX:PEB) has capitalised on investor appetite, announcing an upsized NZ$25.4 million equity placement.
Payward entered a partnership with Franklin Templeton to develop tokenised financial products and expand blockchain-based investment infrastructure.
Payward entered a partnership with Franklin Templeton to develop tokenised financial products and expand blockchain-based investment infrastructure.
Aristocrat Leisure (ASX:ALL) posted strong H1 FY26 results with 19.1% EPSA growth. Underlying constant currency revenue rose 6.4%.
Aristocrat Leisure (ASX:ALL) posted strong H1 FY26 results with 19.1% EPSA growth. Underlying constant currency revenue rose 6.4%.
JPMorgan filed with the SEC to launch its JPMorgan OnChain Liquidity-Token Money Market Fund, a blockchain-linked treasury product initially operating on the Ethereum network.
JPMorgan filed with the SEC to launch its JPMorgan OnChain Liquidity-Token Money Market Fund, a blockchain-linked treasury product initially operating on the Ethereum network.
Kura Oncology (NASDAQ:KURA) reported $5.8 million in net product revenue for the first quarter of 2026, marking the first full period of sales for its acute myeloid leukemia treatment, Komzifti.
Kura Oncology (NASDAQ:KURA) reported $5.8 million in net product revenue for the first quarter of 2026, marking the first full period of sales for its acute myeloid leukemia treatment, Komzifti.
C3.ai (NYSE:AI), the enterprise AI application software company, today announced preliminary financial results for its fourth quarter and full fiscal year ended April 30, 2026, along with significant changes to its executive leadership.
C3.ai (NYSE:AI), the enterprise AI application software company, today announced preliminary financial results for its fourth quarter and full fiscal year ended April 30, 2026, along with significant changes to its executive leadership.