Galaxy Digital and BitGo Face Off in Delaware Court Over 100 Million Dollar Termination Fee From Collapsed 1.2 Billion Dollar Crypto Merger
Galaxy Digital and BitGo return to Delaware Chancery Court over a 100 million dollar reverse termination fee claim stemming from their collapsed 1.2 billion dollar merger, with testimony from Michael Novogratz and Mike Belshe highlighting disputes over financial statement deadlines and SEC regulatory hurdles.
Zero Network Shuts Down Ethereum Layer 2 Chain as Zerion Redirects Resources to Wallet and API Products
Ethereum Layer 2 project Zero Network announces shutdown after 1.5 years, redirecting resources to Zerion wallet and API products as Layer 2 market consolidation accelerates across the ecosystem.
US Treasury Completes 1.67 Billion Dollar Debt Buyback as Bitcoin Liquidity Narrative Regains Momentum
The US Treasury completed a $1.674 billion debt buyback as China and Japan reduce holdings, reigniting Bitcoin liquidity narratives amid Federal Reserve policy uncertainty under new Chair Kevin Warsh.
84 Percent of Bitcoin Hashrate Secures Rootstock DeFi Layer as Miner Fee Revenue Remains Limited
Rootstock’s Q1 2026 merged-mining report shows that 84.01 percent of Bitcoin’s total hashrate contributed to securing the Rootstock sidechain during the quarter, averaging 833.92 exahashes per second. The data provides the clearest signal yet that Bitcoin’s mining infrastructure is increasingly being leveraged to secure smart-contract layers, even as fee revenue from these additional security services […]
CLARITY Act Faces Senate Scheduling Bottleneck as Crypto Market Structure Bill Targets August Deadline
The CLARITY Act, a major U.S. crypto market structure bill, faces growing scheduling pressure in the Senate as competing legislative priorities and floor time disputes threaten to push action past the August recess deadline.
OKX and ICE Launch Perpetual Oil Futures Tied to Brent and WTI Benchmarks as Crypto Derivatives Expand Into Commodities
Intercontinental Exchange will license its Brent and WTI benchmark prices to OKX for perpetual oil futures, bringing regulated commodity exposure to approximately 120 million crypto traders as traditional finance and digital asset infrastructure converge.
Hyperliquid ETFs Draw 53 Million Dollars in Inflows as Institutional Demand Accelerates
Hyperliquid ETFs have accumulated 53 million dollars in net inflows across 21Shares and Bitwise products, as HYPE reaches an all-time high above 62 dollars and Goldman Sachs pivots into Hyperliquid-linked exposure.
Grayscale Identifies Ethereum, Solana, BNB Chain, and Canton as Leading Networks for Tokenized Asset Growth
Grayscale Investments highlights four blockchain ecosystems positioned to benefit from institutional demand for tokenized securities, stablecoins, and DeFi as regulatory clarity accelerates adoption.
Verus Bridge Exploiter Returns 8.5 Million Dollars as White-Hat Bounty Model Draws Scrutiny Amid Rising Bridge Attacks
The Verus-Ethereum bridge hacker returns 8.5 million dollars after negotiated bounty deal, keeping 2.8 million dollars as the eighth bridge exploit of 2026 brings total cross-chain losses to 328.6 million dollars.
SEC Commissioner Peirce Clarifies Tokenized Stock Exemption Scope as Industry Recalibrates Expectations
SEC Commissioner Hester Peirce narrows proposed innovation exemption to exclude synthetic tokens, limiting coverage to digital representations of existing equity securities as the tokenized stock market reaches 1.48 billion dollars onchain.
Hong Kong Completes First Regulated HKDAP Stablecoin Transaction on Ethereum as Anchorpoint Secures Inaugural License Under Stablecoins Ordinance
Hong Kong completes its first regulated stablecoin transaction under the Stablecoins Ordinance as Anchorpoint Financial tests the HKDAP token on Ethereum with Standard Chartered custody and HKMA supervision.
Standard Chartered Projects Four Trillion Dollar Onchain Asset Market by 2028 as Institutional Capital Targets Established DeFi Protocols
Standard Chartered projects the onchain tokenized asset market will reach four trillion dollars by 2028, with institutional capital expected to flow through established DeFi protocols like Aave and BlackRock BUIDL.