54 published articles
Humanity Protocol is scrapping its existing H token and replacing it with a brand new Ethereum-based version following a security breach that rattled the project's ecosystem. The team confirmed the move in a Tuesday statement, outlining a full migration plan that includes a snapshot-based airdrop, a mainnet relaunch, and a compensation fund for affected edge…
LayerZero, the omnichain interoperability protocol, has now facilitated over $260 billion in transaction volume across more than 830 OFTs, omnichain fungible tokens, deployed on upward of 170 blockchains. From speculative memecoins to institutional-grade tokenized treasuries and government-issued stable tokens, the protocol has quietly become the backbone co…
SpaceX just dropped another bombshell. Days after closing the largest IPO in history, the company has exercised its option to acquire Cursor, the world's fastest growing AI coding tool, in an all-stock transaction valued at $60 billion. The deal is the largest software acquisition ever recorded, and it lands at a moment when SpaceX is already rewriting recor…
Ventuals is winding down. The platform that brought 24/7 private market exposure to pre-IPO technology companies on Hyperliquid has announced it is shutting down operations and merging its team into another project building within the Hyperliquid ecosystem. The details of that next chapter are coming soon, but the Ventuals chapter is closing now. The announc…
Bitwise Asset Management has just made its first move into tokenized funds, and it comes with $259 million already behind it. The firm announces it is taking over investment management of the Bitwise Crypto Carry Fund, ticker USCC, a tokenized fund built around a market-neutral basis-trade strategy that currently delivers a 4% annual yield. The full details…
Japanese investment firm Metaplanet has ramped up its Bitcoin purchase strategy by issuing 8 billion yen (close to $50 million) in non-interest bearing ordinary bonds solely for the purpose of further purchasing Bitcoin. Such action highlights an increasing trend among corporations where companies actively reorganize their balance sheets to have greater expo…
