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Solana DeFi Project Step Finance to Wind Down Weeks After $29M Hack

Solana DeFi project Step Finance has announced it will wind down operations following a significant hack that resulted in a loss of $29 million. The team cited the inability to recover from the financial impact of the breach as the primary reason for the shutdown. Users have been advised to withdraw their funds as the platform prepares to cease operations. This incident highlights ongoing security challenges within the DeFi sector, particularly on the Solana blockchain.

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Bitcoin retakes $64,000, crypto miners rally, as AI-related software rout eases

Bitcoin has regained the $64,000 mark, reflecting a positive shift in the cryptocurrency market. This surge has also led to a rally among crypto miners, who are benefiting from the increased prices. The recent downturn in AI-related software stocks appears to be stabilizing, contributing to the overall optimism in

Ethereum Foundation Starts Staking Treasury Amid Vitalik Buterin's ETH Sales

The Ethereum Foundation has begun staking a portion of its treasury in a move to enhance its financial strategy. This decision comes amid reports that co-founder Vitalik Buterin has been selling some of his ETH holdings. The foundation aims to generate additional income through staking, which could support its ongoing

From niche to $3 billion run rate: prediction markets eye $10 billion future, Citizens says

Prediction markets have seen significant growth, reaching a $3 billion run rate, with projections suggesting they could expand to a $10 billion market in the future. Citizens, a financial services company, highlights the increasing interest and investment in these markets as a driving factor. The rise is attributed to advancements

Trump’s White House Has One View of Crypto Legislation. His Family’s Crypto Company Has Another

The article discusses the contrasting perspectives on cryptocurrency legislation between the Trump administration and the Trump family's involvement in the crypto industry. While the White House has taken a cautious approach to regulating cryptocurrencies, emphasizing the need for oversight and consumer protection, the Trump family's crypto

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Bitcoin retakes $64,000, crypto miners rally, as AI-related software rout eases

Ethereum Foundation Starts Staking Treasury Amid Vitalik Buterin's ETH Sales

From niche to $3 billion run rate: prediction markets eye $10 billion future, Citizens says

Trump’s White House Has One View of Crypto Legislation. His Family’s Crypto Company Has Another