Circle froze $12.6M in Zama’s confidential USDC contract via court order, bricking the entire contract due to Overnight Finance hack-linked funds. 🔗
Paxos received SEC registration as the first blockchain-native clearing agency for U.S. equities, unlocking institutional adoption for tokenized assets. 🔗
Cosmos-based bridge drained of ~$5.4M in suspected key compromise, with funds laundered via ChangeNow and Binance. 🔗
Futarchy governance rejected a $6M OTC deal at 30% discount after prediction market traders priced in dilution, marking first DAO-blocked VC extraction via live markets. 🔗
The episode argues that Ethereum is positioned to capture the majority of tokenized assets and stable‑coin settlement, with institutional holders like Sharplink and major asset managers driving massive on‑chain volume that will boost ETH demand and price, making the current level an attractive entry point.
Regulators signaled a green light for US‑listed Bitcoin perpetuals, sparking hype around Hyperliquid, Near and other AI‑linked assets, while investors debate capital returns and the path to on‑shore crypto derivatives.
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