Steven Walgenbach

Decentralized finance (DeFi) protocol, Balancer, which has over $750 million in locked-up value, seems to have been hit with its largest exploit yet. On-chain data shows that more than $110 million in digital assets has been drained from the platform to a new wallet. These funds include 6,850 osETH, 6,590 WETH, and 4,260 wstETH.  The […]

Ripple-backed XRP treasury firm Evernorth Holdings has debuted on Nasdaq under the ticker symbol “XRPN” after it accumulated $1 billion worth of XRP. The special purpose acquisition company (SPAC) called Armada Acquisition Corp. II confirmed in a press release that its Nasdaq ticker symbol has changed, adding that its units and warrants now trade under […]

The tokenized real-world-assets (RWAs) market is set to soar 5,600% to reach $2 trillion by 2028, with most activity on Ethereum, Standard Chartered said. Head of digital assets research Geoffrey Kendrick said that stablecoins “have laid the groundwork” for other assets to be tokenized on blockchains, ranging from money market funds (MMFs) to equities.  “Vast […]

Ethereum ecosystem developer Consensys plans to go public and has chosen Goldman Sachs and JPMorgan Chase to underwrite its initial public offering (IPO), Axios reported. That would see the company join a wave of crypto firms that have gone public this year amid a friendlier regulatory climate in the US. Consensys Develops Tools For Ethereum […]

Seven Democratic senators have asked the Justice Department to explain President Donald Trump’s decision to pardon Binance co-founder Changpeng Zhao, aka CZ, warning it could embolden financial crime in the crypto sector. In an open letter letter to Attorney General Pam Bondi and Treasury Secretary Scott Bessent, the lawmakers said the pardon “signals to cryptocurrency […]