News
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FTX’s $200K Cursor sale turns into $3B missed fortune
The FTX bankruptcy estate sold a 5% stake in Cursor for $200,000 in April 2023. Summary FTX estate sold its…
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Lido joins DeFi relief push after $292M Kelp exploit
Lido Labs has asked the Lido DAO to approve the use of up to 2,500 stETH, worth about $5.8 million,…
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Jane Street asks court to dismiss Terra collapse lawsuit with prejudice
Jane Street has asked a U.S. court to dismiss a lawsuit accusing it of insider trading linked to the TerraUSD…
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Paradigm-backed Succinct launches ZCAM iPhone app to verify real media
Succinct Labs has launched ZCAM, an iPhone camera app built to verify photos and videos at the moment of capture. …
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Aave leads $101M DeFi rescue effort to restore rsETH backing after Kelp hack
Decentralized finance protocols have pledged more than $101 million in Ether to stabilize rsETH after the $293 million Kelp DAO…
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US soldier faces DOJ charges over Maduro prediction bets
The U.S. Department of Justice has charged active-duty Army soldier Gannon Ken Van Dyke over alleged Polymarket trades tied to…
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China-linked AI firms face US scrutiny over model theft
The President Trump administration has announced plans to fight what it called “industrial-scale campaigns” aimed at copying artificial intelligence technology…
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Morgan Stanley launches stablecoin reserve fund tied to money market portfolio
Morgan Stanley has introduced a new portfolio designed to hold stablecoin reserves within its money market fund structure. Summary Morgan…
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U.S. DOJ freezes $701M in crypto tied to global scam networks
U.S. authorities have frozen more than $701 million in cryptocurrency tied to investment scams targeting Americans as part of an…
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Kelp’s $292M exploit sparks 2008-style DeFi risk debate
Kelp DAO’s $292 million exploit has raised new questions about risk across liquid restaking and DeFi lending markets. Summary Kelp…
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