KelpDAO has finalized the operational phase of its rsETH recovery plan, transferring the last tranche of tokens into its cross-chain adapter and restoring full bridge coverage — but the harder work of rebuilding user trust may still lie ahead. KelpDAO announced on May 25 that it has completed the operational phase of its rsETH recovery
As part of the $9.4M gift, Ripple Labs will sublet a lavish office to the San Francisco Police Department’s drone surveillance unit for free. Source link
Nathan Allman, founder and CEO of Ondo Finance, has died unexpectedly at 35. No cause of death was disclosed. Ondo Finance confirmed the news in a statement posted to X, describing him as a visionary whose intelligence, humility, and drive shaped every part of what the company became Allman graduated from Brown University before joining
Key Takeaways Strategy retired $1.5B of 2029 convertible notes for $1.38B cash, an 8% discount to par, on Tuesday. The debt buyback added 4,391 BTC in gains, bringing Strategy’s total holdings to 843,738 bitcoin. Strategy plans to rebuild its $871M USD Reserve through future Digital Capital and equity sales. Strategy Retires $1.5 Billion in Debt
Allman was a vocal proponent of blockchain-based technology and elevated the sector of RWAs to new heights. Founder and CEO of Ondo Finance, Nathan Allman, has died unexpectedly at the age of 32, the company announced in a statement. No cause of death has been disclosed. Ondo described Allman as a driving force behind
Earlier this year, Lucra Sports founder and CEO Dylan Robbins did something that no one else has ever done. He landed famed public investor Cathie Wood and her ARK Invest Venture Fund as a lead in a startup fundraising round. Lucra announced last month that it raised a $20 million Series B, led by the
The 24-year-old allegedly organized the kidnapping and mutilation of David Balland, the co-founder of crypto wallet firm Ledger. Source link
Bitget has launched a regulated tokenization platform called Reality, expanding its push into on-chain access to U.S. financial assets through tokenized stocks and ETFs. Summary Bitget has launched Reality, a regulated platform issuing 1:1-backed tokenized U.S. stocks and ETFs through on-chain “rTokens.” The exchange said Reality supports 24/5 minting and redemption, stablecoin dividend payouts, and
Key Takeaways A whale closed a $100M ETH short at a $260K loss on May 26, then opened a 20x BTC long. The BTC long covers 175.04 BTC at $76,662, with a liquidation threshold near a 5% adverse price move. Lookonchain data shows the reversal signals shifting conviction from ETH downside to BTC upside. Trader
Bitcoin’s recent price action suggests the market is approaching an important decision zone where multiple technical and on-chain support levels converge. This raises the possibility of a short-term bullish reaction before the market determines its next larger directional move. The behavior around the $74K-$75K support and deeper demand regions will likely shape Bitcoin’s medium-term outlook.