IREN, a major Bitcoin mining company, closed a $3 billion convertible notes offering, according to Decrypt. The funds will be used to accelerate the firm's expansion into AI cloud infrastructure.
Lombard has migrated its cross-chain infrastructure away from LayerZero, joining a broader asset exodus totaling $4 billion now utilizing Chainlink's bridging protocol, per Coindesk. The shift follows the Kelp DAO exploit that drained $292 million from a LayerZero-powered bridge, heightening security concerns...
The Clarity Act cleared the Senate Banking Committee with bipartisan support, according to Coindesk. A potential full Senate vote is expected within weeks.
South Korea's Financial Services Commission (FSC) is drafting detailed regulations for tokenized securities, according to Cointelegraph. The rules are set to be announced in July, ahead of a broader legal framework for blockchain-based securities scheduled to take effect in February 2027.
Gemini's revenue rose 42% year-over-year to $50.3 million, according to Coindesk data, while the exchange's net loss narrowed by 27% from $149.3 million a year earlier, following a $100 million bitcoin infusion from the Winklevoss twins.
Dune Analytics has laid off 25% of its workforce as part of a restructuring focused on artificial intelligence and enterprise clients, according to Decrypt.
OKX is reportedly pursuing a 20% stake in South Korean crypto exchange Coinone, according to Cointelegraph. The move comes as both foreign and domestic firms compete for market access in the region.
IREN, a Bitcoin miner pivoting to AI infrastructure, closed a $3 billion convertible notes offering, marking one of the sector's largest financings. The deal was upsized multiple times due to strong investor demand, according to Coindesk.
Thorchain halted all trading and signing on Friday following a cross-chain exploit that drained approximately $10.8 million across Bitcoin, Ethereum, BSC, and Base, according to Coindesk. $RUNE dropped 12% in the wake of the incident.
Zero exploits. Intent-based architecture. Here’s why it matters for DeFi in 2026. https://crynet.io/tpost/debridge-cross-chain-engine-reshaping-defi-2026