CryptoCryptocurrency

Shares of Figure Technology Solutions fell more than 9% on Thursday, retreating to the mid-$32 range amid renewed volatility in crypto-linked equities.

Decentralised finance markets rapidly repriced risk within 48 hours following the Kelp DAO exploit, which exposed structural weaknesses in lending protocols like Aave.

JPG Store will shut down on May 23 after operating since 2021, citing unsustainable business conditions.

OKX is accelerating its US expansion by integrating off-exchange settlement through BitGo for institutional clients.

US-listed spot Bitcoin ETFs recorded a seven-day inflow streak totalling $1.9 billion as prices approached $80,000.

Flying Tulip, founded by Andre Cronje, has introduced a withdrawal circuit breaker to mitigate risks from abnormal fund outflows.

An economist at Circle has proposed raising borrowing rates on Aave to as high as 50% to address a liquidity crisis trapping user funds.

The Arbitrum Security Council intervened to freeze more than 30,000 ETH, worth about $71 million, linked to the KelpDAO exploit.

MicroStrategy has amassed 815,061 Bitcoin, overtaking BlackRock’s iShares Bitcoin Trust to become the largest single holder of the cryptocurrency.

The crypto-aligned Fellowship PAC has spent $1.75 million supporting Ken Paxton in Texas’ upcoming Senate runoff race.

The Office of Foreign Assets Control has sanctioned Cambodian senator Kok An and 28 others over alleged involvement in crypto-linked scam centres operating across Cambodia.

Tether has frozen more than $344 million worth of its USDT stablecoin across two wallet addresses at the request of US law enforcement authorities.