Tag: News

Midas taps Etherlink to Redefine tokenized yield infrastructure

As the race for scalable, compliant tokenization heats up, Midas is betting big on Etherlink’s sub-500ms finality. The latest additions, mMEV and mRe7YIELD, could redefine how institutions access structured yield without intermediaries. According to a press release shared with crypto.news…...
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Dow rises as Wall Street digests earnings, inflation data

U.S. stocks traded slightly higher on Wednesday as investors digested strong earnings results from major banks and the latest producer price index data. The Dow Jones Industrial Average and S&P 500 were up 140 points and 0.16% respectively, while Nasdaq…...
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Jim Chanos Calls Strategy’s Premium ‘Financial Gibberish’

Disclaimer: The analyst who wrote this article owns shares in Strategy. Jim Chanos, the founder of Kynikos Associates who famously shorted U.S. energy giant Enron before it collapsed in 2001, has set his sights on Strategy (MSTR), arguing the bitcoin (BTC)-buying company’s premium valuation over its holdings of the...
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DeFi in Q2 Review: The New Gold Rush Is… Stablecoins?

Everyone’s rushing into stablecoins, but the numbers look… the same. In Q2, it felt like you couldn’t go a day without a major stablecoin announcement. JPMorgan launched its USD Deposit Token on Base. Coinbase debuted its stablecoin payment stack following the Shopify partnership. Anchorage Digital acquired USDM issuer Mountain...
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Hackers Exploit BigONE’s Systems, Steal Millions in Bitcoin and Ethereum

Crypto exchange BigONE has reported a security breach involving its hot wallet infrastructure, which resulted in an estimated $27 million loss. The incident was detected by blockchain security platform SlowMist on July 16. Hot Wallet Nightmare SlowMist said that the production network was compromised, and the operating logic of...
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