Kraken said it will replace LayerZero, a protocol for moving crypto assets across blockchains, with Chainlinks equivalent after the $292 million bridge exploit that hit liquid restaking protocol Kelp… [+1500 chars]

The decision sees a total of over $3 billion in total value locked migrating after a $292 million LayerZero-powered bridge exploit involving Kelp.

CoinDesk

Kraken to replace LayerZero with Chainlink to bridge assets across blockchains

Coinbase (COIN) is expanding its presence on Hyperliquid (HYPE), one of cryptos fastest-growing trading networks, by becoming the official treasury deployer of USDC on the blockchain, the companies a… [+2374 chars]

Coinbase will manage USDC liquidity on Hyperliquid, deepening ties with one of crypto’s fastest-growing trading platforms.

Coinbase backs Hyperliquid stablecoin push as DeFi trading volumes climb

Consensys, the Ethereum development firm led by Joe Lubin, has pushed back its potential U.S. public offering until fall at the earliest due to poor market conditions, according to two people familia… [+1770 chars]

The MetaMask wallet builder had reportedly engaged bankers from JPMorgan and Goldman Sachs to lead the process.

Ethereum app builder Consensys has delayed its potential IPO until fall

"ALPENGLOW" UPGRADE LIVE FOR TESTING ON SOLANA: Solana developer Anza said that Alpenglow, the networks biggest proposed consensus overhaul to date, is live on a community test cluster, marking a maj… [+8337 chars]

Also: LayerZero apology, Ronin layer-2 transition and ‘Clear Signing’

The Protocol: Solana’s ‘Alpenglow’ upgrade is live for testing

As Wall Street firms race to bring stocks, bonds and credit products onto blockchain rails, a new Ethereum-based marketplace backed by Animoca Brands is aiming to turn tokenized assets into something… [+3109 chars]

The protocol, led by veteran BNY executive Anthony Moro, aims to connect real-world assets with DeFi markets, starting with home equity lines of credit and Treasuries.

Animoca-backed NUVA connects Figure's $19 billion of tokenized assets to Ethereum

Bitcoin BTC
$80,492.82, a leading indicator of risk sentiment, remains a paragon of stability ahead of President Donald Trump's arrival in Beijing for talks with his Chinese counterpart, Xi Jinping.… [+5052 chars]

Bitcoin held steady before President Donald Trump's with his Chinese counterpart, Xi Jinping.

Bitcoin holds below $81,000 with Trump-Xi talks on the horizon

JPMorgan (JPM) is preparing to launch a tokenized money market fund, the latest sign that major financial institutions and Wall Street asset managers are speeding up efforts to move traditional asset… [+2161 chars]

The global banking giant is expanding its tokenized money market lineup, following BlackRock's similar move just a few days ago.

JPMorgan files to launch new tokenized fund as Wall Street tokenization race heats up

The Ethereum Foundation and a group of major crypto wallet developers are rolling out a new security standard designed to stop users from accidentally signing away their funds, a problem that has fue… [+2362 chars]

The move comes after billions in losses from phishing attacks and wallet drains, with Ethereum pushing to make transaction approvals safer and easier to understand.