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Gustavo Petro Warns Fossil-Fueled Crypto Mining Will Trigger ‘Climate Collapse’
Key TakeawaysColombia’s Gustavo Petro warned that fossil-fueled Bitcoin mining risks global climate collapse.Paraguay holds the 4th largest global hashrate, while Venezuela’s 9-year peak energy crisis halted mining.Petro wants 3 Caribbean…
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CLARITY Act sees ‘big step forward’ as markup set for May 14
The US CLARITY Act, which aims to provide the US crypto industry with greater regulatory clarity, is set to be voted on by the Senate Banking Committee on Thursday.On Friday, Senate Banking Committee chair Tim Scott confirmed the…
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KelpDAO Hack Fallout Pushes Another DeFi Protocol Toward Chainlink CCIP Migration
Chainlink CCIP just secured another major DeFi migration.
Bitcoin-focused DeFi platform Solv Protocol announced that it is fully migrating to the Chainlink Cross-Chain…
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Kelp DAO Fallout Pushes Solv, DeFi Protocols Toward Chainlink
Decentralized finance protocols are reevaluating their blockchain oracle providers’ security after the fallout from the $293 million Kelp DAO exploit last month. Several protocols have announced migrations to Chainlink infrastructure in…
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Trusted Volumes Confirms $6.7M DeFi Resolver Exploit
TrustedVolumes, an independent market maker and resolver used by 1inch Fusion, confirmed it was exploited and said about $6.7 million in stolen funds are being held across three Ethereum addresses.In a Thursday X post, the market maker said…
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Arbitrum Poised to Unfreeze $71M ETH Passes With 90% in Favor
A joint proposal to release the roughly $71 million in Ether frozen after the Kelp DAO exploit is set to pass later on Thursday, moving a cross-protocol recovery effort closer to restoring part of rsETH’s backing.Over 90.5% of the tokens…
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Space and Time Launches Dreamspace Ai App Builder to Simplify Onchain Development
Key Takeaways: Space and Time launched Dreamspace with Microsoft to enable no-code AI app building for 140,000+ students. Built on Base, the tool offers sub-1-second speeds and fees under $0.01 to empower the creator economy. Following a…
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US Senator Gillibrand says crypto market structure vote could happen by August
US Senator Kirsten Gillibrand said lawmakers working towards passage of a digital asset market structure bill likely need to meet three conditions before the chamber can vote on the legislation.Speaking at the Consensus conference in Miami…
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North Korea Tied to Heists Worth $578M in April After Kelp DAO Exploit
Kelp DAO suffered a $292 million hack on Saturday, overtaking Drift as the largest crypto exploit of the year so far. North Korea-linked hackers are suspected to be behind the attack.Kelp DAO said Monday that the exploit stemmed from a…
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Wall Street Giant Morgan Stanley Enters Crypto Race With Pricing Edge: Report
Morgan Stanley is bringing Bitcoin, Ethereum, and Solana trading to E*Trade clients soon.
One of the world’s largest wealth management firms, Morgan Stanley, is all set…
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