Stani Kulechov, founder of Aave — the largest decentralized lending protocol on Ethereum — has publicly dismissed reports that Aave Labs is in talks to sell a significant AAVE token allocation to Kraken’s parent company Payward at a steep discount to market value. While stopping short of denying that strategic partnership discussions are underway, Kulechov
Apple reportedly cleared Samsung Display to make OLED panels for its first foldable iPhone, with hinge issues still shaping launch timing. The post Samsung Reportedly Starts OLED Panel Production for Apple’s First Foldable iPhone appeared first on TechRepublic. Source link
Bitcoin news today: price crashed to $58,100 on Thursday, its lowest level since September 2024, after a hotter-than-expected inflation reading effectively buried near-term Federal Reserve rate-cut expectations and triggered more than $1.26Bn in crypto liquidations across 209,000 traders. The selloff was sharp enough to reprice prediction markets overnight: on Polymarket, a decentralized prediction platform where
The stay in SEC v. Justin Sun has been extended due to the government shutdown resulting in lawyers being furloughed. Source link
Key Takeaways X Money’s new Cash Sweep Program offers Premium+ users up to $10M in FDIC coverage, 40x the $250K standard limit. The service pays a 6% APY and runs on a Visa partnership, holding standard deposits at Cross River Bank up to $250,000. A full public rollout is targeted for mid-2026, even as Senator
A conditional national trust bank charter, a pending Federal Reserve master account, and a string of acquisitions in brokerage, payments, and treasury. Ripple is assembling a full regulated-finance stack. The benefits flow first to its stablecoin and the company itself. What is left for XRP is the question. Summary Ripple has assembled a full regulated-finance
Coinbase’s Base blockchain went dark for nearly two hours on Thursday after a single invalid block triggered a consensus failure that froze the entire network, and the incident has reignited a blunt question about whether the most-used Ethereum Layer 2 is actually ready for the 24/7 global finance role its creators are pitching. No funds
William Gibson once famously said that “the future is already here, it’s just not evenly distributed.” It appears that the same goes for frontier AI models. According to The Information, the White House told OpenAI it wants the company to release its next model in a limited fashion, to a select group of close partners.
A proposed Bitcoin fork would commence an activation period for updating consensus rules to limit storage unrelated to the movement of BTC. Source link
Key Takeaways Cryptorank said active crypto investors fell to 651 in Q2 2026, the lowest since 2020. Cryptorank reported M&A funding hit $7.23B, signaling a shift to larger strategic deals. a16z Crypto and corporate buyers may drive a more selective funding market going forward. Crypto Venture Enters New Phase as Investor Count Falls to 6-Year