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KelpDAO Sues LayerZero Over $292M rsETH Exploit
KelpDAO has filed a lawsuit against LayerZero and its CEO over the $292 million rsETH bridge exploit, claiming the protocol endorsed the vulnerable setup. LayerZero’s CEO has dismissed the case as meritless, setting the stage for a major legal battle over accountability in DeFi.
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Tokenized Banking: How Stablecoins and Stocks Are Bridging Crypto and TradFi
Banks, crypto firms, and stock exchanges are joining forces around tokenized assets — from stablecoins to bank-issued deposits and on-chain stocks. Here is what the convergence of tokenized banking means for investors and institutions alike.
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Solana’s 150ms Settlement Upgrade Hits Second Testnet
Solana’s 150-millisecond settlement upgrade has reached its second public testnet, pushing the network closer to near-instant transactions. Here’s what this means for users, traders, and developers building on SOL.
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SEC Crypto Rules: How Promises Shape Token Securities Status
SEC staff has clarified that a crypto token’s securities treatment depends heavily on what issuers promise buyers. Marketing claims, buybacks, and staking programs can all turn a non-security token into part of an investment contract, reshaping compliance for projects and exchanges alike.
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Ethena USDe: Tokenized Stocks Back Binance Stablecoin
Ethena is now backing part of its USDe stablecoin with tokenized US stocks via Binance, fully hedged through derivatives. This move, nearly a year after USDe’s October 2025 depeg, signals a new era of diversified, real-world-asset-backed DeFi stablecoins.
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Tokenized Stocks: Why Wall Street’s Blockchain Shares Need Fixing
Bullish, Equiniti, Alpaca, Apex Fintech Solutions and Drivewealth have formed the Issuer Sponsored Token Coalition to fix a major problem: most tokenized stocks today don’t give holders real ownership rights. The group wants onchain shares connected to official shareholder registers.
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OG.com Seeks CFTC Approval for Stock Perpetuals
OG.com, recently spun out of Crypto.com, has filed with the CFTC to offer single-stock perpetual futures in the US. The move joins Coinbase, Kalshi, and Kraken parent Payward in a broader push to bring crypto-style derivatives to American equities, signaling a major convergence of traditional finance and digital asset markets.
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Jeff Booth: Why a $1 Million Bitcoin Target Is Too Low
Tech entrepreneur Jeff Booth argues that a $1 million Bitcoin price target is thinking too small. He explains why valuing BTC in debased fiat currency uses a rigged measuring stick and what that means for long-term investors.