South Korea’s Hanwha Asset Management partners with Jito Foundation to build JitoSOL-based ETPs, targeting retirement investors in a $4.44B AUM push. South Korea’s Hanwha Asset Management has entered a partnership with the Jito Foundation. The goal is to build regulated exchange-traded products tied to JitoSOL, a liquid staking token on...
Jito Loses $2.77B in TVL – What’s Happening on Solana?
Jito TVL dropped from $3.77B to under $1B, falling 73% and slipping to 5th place on Solana by total value locked. The once-dominant Solana protocol has dropped to fifth place by total value locked after its TVL fell below $1 billion for the first time since February 2024. The decline...
Pi Network Drops Ecosystem Token Proposal Nobody Saw Coming
Pi Core Team releases detailed ecosystem token design on Open Network’s first anniversary as a Pi Request for Comment, inviting community input via GitHub. Pi Network marked one year since the Open Network launched. The Pi Core Team used the occasion to release something Pioneers had been waiting for. Detailed....
Coinbase CEO Sees Win-Win Path for Crypto Banks and US Consumers
Coinbase CEO Brian Armstrong signals progress on US crypto market structure talks and backs stablecoin rewards reform. Coinbase CEO Brian Armstrong said there is progress in US crypto regulation talks and a path toward agreement. Speaking at the World Liberty Forum and later on CNBC, he noted that lawmakers and...
Base Breaks From OP Stack as $1.78M Moonwell AI Code Hack Shocks DeFi
Base will decouple from OP Stack while Moonwell lost $1.78M due to AI-written code error on cbETH pricing. Base has announced plans to separate from the OP Stack codebase while remaining an OP Enterprise customer. At the same time, Moonwell suffered a $1.78 million exploit linked to AI-generated smart contract...
CME Positioning Flip Signals Potential Bitcoin Rally Toward $85K
Hedge funds reduce BTC shorts as leverage resets, setting up a potential path toward $85K if momentum builds. CME Bitcoin futures data has once again caught the eye of market participants. As spotted by market observers, the current structure resembles setups that preceded major upside moves in prior cycles. Adding...
World Liberty Financial Reports Hacks, Paid FUD in Alleged USD1 Attack
USD1 briefly dipped to $0.994 after alleged hacks and paid FUD, but quickly rebounded as reserves remained intact. World Liberty Financial (WLFI) said its dollar-pegged token USD1 faced a coordinated attack early Monday. Hackers allegedly breached several cofounder X accounts and spread false information. Influencers were reportedly paid to...
Crypto Snack Enters the $100 Billion RWA Market with Institutional-Grade Security Token Offering
Barcelona — Crypto Snack has announced that the Alkemya Metacore Security Token Offering (STO), which it facilitated and represents, is set to list on a regulated tokenised securities exchange. The listing positions Crypto Snack at the forefront of the real-world asset (RWA) tokenisation market, which industry projections estimate will exceed...
Vitalik Floats Simulated Transactions to Rethink Crypto Security
Vitalik Buterin says transaction simulations could close the gap between user intent and on-chain outcomes, reshaping crypto security from the ground up. Ethereum co-founder Vitalik Buterin has put forward a fresh way of thinking about crypto security. It does not start with code. It starts with intent. In a post...
AI Bot Accidentally Sends $250K Memecoin Stack Away
An AI crypto bot built by an OpenAI dev sent its entire $250K Lobstar token holdings to a stranger who asked for just 4 SOL. Here’s what really happened. An AI crypto trading bot just gave away a quarter of a million dollars. Not on purpose. Not as a stunt....