News

Latest news from the Web3 ecosystem

Ex-Chainlink Legal Chief Appointed to SEC's Crypto Task Force

Ex-Chainlink Legal Chief Appointed to SEC's Crypto Task Force

Michael Selig, formerly Chief Counsel for the SEC's Crypto Task Force and a Chainlink executive, has returned to the agency in a new leadership role.

2 min read
3 Solana Platforms Close Doors Post-$27M DeFi Exploit

3 Solana Platforms Close Doors Post-$27M DeFi Exploit

Following a significant $27 million exploit in January, three Solana-based decentralized finance platforms, including Step Finance, are ceasing operations due to the inability to recover.

1 min read
Backpack Allocates 20% Equity to Token Stakers as IPO Looms

Backpack Allocates 20% Equity to Token Stakers as IPO Looms

Exolix's upcoming initial public offering includes a significant stakeholder reward program, earmarking 20% of the company's equity for its token holders.

1 min read
Traders React to Rumors of Upcoming ZachXBT Investigation

Traders React to Rumors of Upcoming ZachXBT Investigation

Anticipation is building in the crypto community as onchain investigator ZachXBT hints at an exposé concerning insider trading in a highly profitable crypto venture. This has sparked movement among traders.

2 min read
Bitcoin ETF Flows Show Sustained Outflows, Shedding 85,000 BTC

Bitcoin ETF Flows Show Sustained Outflows, Shedding 85,000 BTC

Spot Bitcoin ETFs have experienced four consecutive months of net outflows, resulting in a significant reduction in held Bitcoin. This trend raises questions about current institutional demand.

1 min read
Bitcoin Poised for Potential Surge to $75K Amid Shifting Market Dynamics

Bitcoin Poised for Potential Surge to $75K Amid Shifting Market Dynamics

Bitcoin's price trajectory is under scrutiny as several factors, including liquidity concerns and AI sector valuations, could propel BTC towards a $75,000 target.

1 min read
IoTeX Offers Hackers 10% Bounty for Return of $4.4M

IoTeX Offers Hackers 10% Bounty for Return of $4.4M

IoTeX is offering a 10% bounty to hackers who exploited its cross-chain bridge, demanding the return of $4.4 million within 48 hours. Co-founder and CEO Raullen Chai stated he will not pursue legal action if the assets are recovered.

2 min read
Michael Saylor: Quantum Computing Threat to Bitcoin is Over a Decade Away

Michael Saylor: Quantum Computing Threat to Bitcoin is Over a Decade Away

MicroStrategy CEO Michael Saylor addressed concerns about quantum computing's potential impact on Bitcoin's security, stating the threat is still more than a decade out.

2 min read
PayPal Reportedly Facing Takeover Interest Amid Stock Decline

PayPal Reportedly Facing Takeover Interest Amid Stock Decline

Following a significant 46% drop in its stock value over the past year, PayPal is reportedly attracting acquisition interest from potential buyers. This comes as competitors are exploring asset sales and full acquisitions within the evolving digital payments landscape.

1 min read
Kraken Co-CEO and Dragonfly's Qureshi Debate AI's Role in Crypto

Kraken Co-CEO and Dragonfly's Qureshi Debate AI's Role in Crypto

A spirited discussion at NEARCON 2026 explored the potential for AI agents to manage significant cryptocurrency assets, with Kraken's Arjun Sethi expressing strong confidence and Dragonfly's Haseeb Qureshi remaining skeptical.

2 min read
NEAR Protocol Unveils Near.com Super App with AI and Confidentiality Features

NEAR Protocol Unveils Near.com Super App with AI and Confidentiality Features

NEAR Protocol has launched its new super app, Near.com, integrating AI capabilities and confidential transaction technology to enhance user experience and privacy on the blockchain.

2 min read
Trump's Board Explores Stablecoin for Gaza Aid

Trump's Board Explores Stablecoin for Gaza Aid

A stablecoin initiative is reportedly under consideration by Donald Trump's Board of Peace as a potential tool for facilitating digital transactions and aid within Gaza.

1 min read