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.