UnchainedCrypto

A U.S. bankruptcy judge has allowed Celsius Network's $4 billion lawsuit against Tether to proceed, rejecting Tether's motion to dismiss. Celsius alleges Tether improperly liquidated BTC collateral, breaching their lending agreement.

Ripple has applied for a U.S. national banking license to operate under federal supervision, allowing it to custody reserves and offer banking services. This move aligns with new legislation on stablecoin regulation.

Ethena’s native token ENA saw its price drop lower ahead of a major unlock of approximately 40.63 million ENA tokens, worth about $10.34 million and representing 0.67% of the circulating supply.
As of 6:30 am ET, ENA was trading at $0.26, down 13.6% over the past month, and 82.8% below its

Cloud-based design platform Figma disclosed a $69.5 million exposure to bitcoin via the Bitwise Bitcoin ETF (BITB) in its initial public offering (IPO) filing on Tuesday.
The investment originated from a $55 million purchase authorized by the board on March 3, 2024, which has since appreciated by a

Zak Cole has launched the Ethereum Community Foundation (ECF) to fund "tokenless" projects and promote ETH burning mechanisms, enhancing ETH's economic value and institutional adoption. Announced at the Ethereum Community Conference, it will support immutability and decentralization.

Decentralized finance platform Maple Finance has integrated EtherFi’s weETH as collateral for its on-chain institutional lending platform
The integration enables qualified borrowers to access USDC loans backed by weETH, EtherFi’s restaked Ethereum token, while continuing to earn ETHFI

Senator Cynthia Lummis is leading a push to make small crypto transactions tax-free in the Senate’s “One Big Beautiful Bill” (OBBB), with a proposed amendment that would introduce a de minimis capital gains exemption for minor crypto payments.
The amendment would set a threshold – currently propose

Trading platform Robinhood announced the development of its own layer 2 blockchain, designed to power the tokenization of real-world assets like stocks and exchange-traded funds (ETFs).The new blockchain will be based on the Arbitrum technology stack and is intended to support features like 24/7 tra

Circle has applied for a national trust bank license to create the First National Digital Currency Bank, enabling it to manage USDC reserves directly and provide custody services for digital assets. This comes amid evolving U.S. regulations on stablecoins.

Decentralized leveraged trading and lending platform LeverFi has minted 13.7 billion new LEVER tokens, according to onchain data, but the team behind the protocol has yet to offer an explanation.
The quiet minting event has raised concerns within the crypto community, especially given its timing

Ethereum co-founder Vitalik Buterin warned that Sam Altman’s World digital ID project poses a significant threat to online pseudonymity and privacy.
In a blog published over the weekend, Buterin argued that under a strict one-person-one-ID system, even if ZK-wrapped, users may be compelled to

Lido DAO has approved a dual governance system that empowers ETH stakers with veto power over proposals. StETH holders can freeze decisions if dissent reaches 10%, enhancing checks and balances in governance.

Bakkt Holdings has filed a shelf registration with the SEC to raise up to $1 billion by selling securities, enabling investment in bitcoin and digital assets. This flexible approach allows multiple offerings without new filings, enhancing market responsiveness.

Kraken has launched "Krak," a peer-to-peer payment system allowing easy cross-border transactions of cryptocurrency and fiat. Users can send money using a unique ID, earn yields on stablecoins, and compete with established payment apps.

Polychain Capital invested $20 million in Celestia and has earned over $80 million through staking rewards, achieving a fourfold return without selling its initial stake. Critics argue this prioritizes insider profits over project success.

Glue’s pseudonymous founder Ogle has publicly accused the Across Protocol team of manipulating DAO votes and extracting around $23 million from the DAO treasury.
In a post on X, Ogle said the Across team used secret wallets to influence DAO voting outcomes, enabling them to transfer funds from the

Resupply, a decentralized stablecoin protocol operating as a subDAO of both Convex Finance and Yearn Finance, lost an estimated $9.5 million in a Wednesday exploit, according to a number of blockchain security firms.
The BlockSec team first flagged the exploit through its Phalcon platform’s X

SEC Commissioner Hester Peirce indicated that in-kind redemptions for crypto ETFs may soon be approved, aiming to enhance efficiency and attract institutional investors. Multiple filings are currently under SEC review.

Aptos Labs and Jump Crypto have jointly launched Shelby, a new chain-agnostic, decentralized cloud storage network designed specifically for Web3, AI, and decentralized physical infrastructure (DePIN) applications.
Shelby is compatible with Ethereum, Solana, and Aptos, designed to provide