LayerZero said Thursday it has integrated with Canton Network, becoming the first interoperability protocol live on the institutional blockchain and opening a route for tokenized assets on Canton to move across more than 165 public chains. The tie-up is aimed at solving one of tokenization’s biggest bottlenecks, which is how to connect regulated onchain assets
The launch of the bounty program comes just weeks after Sun settled a long-running SEC case for $10 million, with all claims dismissed. Tron founder Justin Sun has said that his team has built an AI system capable of identifying suspects in crypto fraud cases. He also said that he will put $100 million
The UK has sanctioned crypto marketplace Xinbi and Cambodia’s #8 Park scam compound over a $19.9b fraud and trafficking network, freezing London assets ahead of June’s Illicit Finance Summit. Summary The UK sanctioned Xinbi — the first country to do so — after Chainalysis data showed it processed over $19.9 billion in illicit transactions between
Key takeaways The world is shifting from a unipolar to a multipolar power structure. The US is experiencing a decline in global influence, moving towards a multipolar world. Different metrics of empire decline at varying rates, with education quality as an early indicator. Precious metals prices have declined despite geopolitical tensions due to prior price
They cut off his finger to prove they were serious. The victim was a cryptocurrency entrepreneur. The ransom demand was over $10 million. And the man allegedly behind Europe’s worst crypto kidnapping just ran out of places to hide. Spanish Civil Guard arrested a French fugitive in Benalmádena, Málaga, under a European Arrest Warrant, according
Three years later, Bo Shen has opened a recovery hunt, inviting anyone to help trace stolen funds. Bo Shen, co-founder of Fenbushi Capital, has renewed efforts to recover roughly $42 million in digital assets stolen from his personal wallet in a November 2022 hack. This time, he is using a public appeal to mobilize
An attacker spent about $1,800 on MFAM to push a malicious Moonwell proposal that could seize control of seven markets and $1.08m in assets, testing its veto and governance defenses. Summary An unknown attacker spent just $1,800 to acquire 40 million MFAM tokens and push a malicious governance proposal through quorum in roughly 11 minutes
Elon Musk is considering allocating as much as 30% of SpaceX’s initial public offering to retail investors, according to a Reuters report, a sharp break from the typical 5% to 10% allocation seen in most listings. The move reflects Musk’s strategy to lean on loyal backers and individual investors to stabilize trading after the debut
Larry Fink just put a number on his Bitcoin price bet. The BlackRock CEO, who once called crypto a money laundering tool, is now projecting $500 million in annual revenue from digital assets by 2030. That is not a footnote. That is a line item in a shareholder letter from the man running $10 trillion
The price target depends on one condition being met: XRP bottoming near $0.87, around its 100-period exponential moving average. A crypto analyst has laid out a multi-scenario XRP price forecast stretching to 2027, using a method that averages Fibonacci extension levels across past market cycles to identify where price, time, and chart structure converge.