Why Did Payward Sue Mazars? Payward, the parent company of Kraken, has secured a $22 million arbitration award against Mazars USA after the auditor abruptly abandoned a nearly completed audit of the crypto exchange during the height of Operation Choke Point 2.0. The company is now asking the Delaware Court of Chancery to enter final
Why Is BNB Chain Building Another Layer 1? BNB Chain is building a new Layer 1 blockchain designed for agentic trading, targeting a faster execution environment for automated strategies, onchain trading systems, and applications that need lower latency than the existing BNB stack can provide. The new chain will run alongside BNB Smart Chain, opBNB,
Micron stock price has plunged and entered a local bear market after falling by over 22% from its all-time high. It slipped to $975 on Thursday, its lowest level since June 11, after a series of negative news. So, is this the start of a new downtrend or just an overreaction? Micron stock dived after
Sandisk stock price has suffered a harsh reversal recently as its historic bull run hits a wall. SNDK dropped roughly 14% on Thursday, July 2, ahead of the holiday weekend, reaching its lowest level since mid-June. It has now slumped by roughly 25% from its recent all-time high, even as top Wall Street analysts have
How Did the BonkDAO Attack Happen? BonkDAO was hit by a malicious governance proposal that appears to have drained approximately $20 million worth of BONK tokens from its treasury, according to Bonk Inu’s official X account. The attack targeted the DAO’s governance process rather than a simple wallet exploit. According to the project’s statement, the
Why Did The Court Revive The Fraud Claim? A federal judge revived a fraud claim against Barry Silbert, Digital Currency Group, and other defendants in an investor lawsuit tied to the failed Genesis Yield program, while leaving the case’s federal securities claims on track. The ruling, filed last Thursday in the U.S. District Court for
Why Is The Bitcoin Reserve Plan Facing New Questions? President Donald Trump’s plan for a strategic bitcoin reserve is facing legal and jurisdictional questions, slowing one of the administration’s most visible crypto policy proposals. The reserve was laid out early in Trump’s presidency as part of a wider plan to make the US a more
The U.S. Strategic Bitcoin Reserve is facing implementation delays as the Treasury and Commerce departments work to resolve which agency should oversee key parts of the program, creating a new obstacle for one of Washington’s most closely watched crypto policy initiatives. President Donald Trump signed an executive order in March 2025 establishing the Strategic Bitcoin
BonkDAO has suffered a governance attack that drained approximately $20 million worth of BONK tokens from its treasury after an attacker reportedly spent about $4 million to acquire enough voting power to pass a malicious proposal. The attack was disclosed on July 6 by BonkDAO, the decentralized governance organization associated with the Solana-based memecoin BONK.
Bitcoin remained volatile on Tuesday as traders weighed renewed ETF demand against macroeconomic uncertainty, corporate treasury selling and fragile technical conditions after a difficult first half of 2026. The largest cryptocurrency traded near $63,200, with an intraday range between roughly $61,350 and $64,435. The move reflected continued instability after Bitcoin briefly reclaimed the $63,000 level