BonkDAO loses $20M in low-turnout governance raid
Treasury drains via simple on-chain vote have moved from theoretical to routine, and the Bonk memecoin community is the latest proof that low voter turnout is the real attack surface.
Market-moving crypto headlines from the last 24 hours.
Treasury drains via simple on-chain vote have moved from theoretical to routine, and the Bonk memecoin community is the latest proof that low voter turnout is the real attack surface.
The 20-year anchor lease at the Justified Data Campus reframes TeraWulf from a leveraged Bitcoin miner into a long-duration AI hosting landlord, with the Abernathy stake sale clearing the runway.
A single Japanese strategic backer writing the whole round is unusual for an institutional venue that counts Schwab, Citadel and Fidelity on the cap table, and it lands as SBI doubles down on…
A venture-backed EVM chain for the TON and Telegram stack just lost nine-tenths of its value in the span of a quarter-hour, putting its backers and Binance Alpha listing under the microscope.
Quarterly DEX fees just printed their lowest reading since 2023, the clearest signal yet that on-chain trading monetization has stalled well below the cycle high.
Vanguard has been publicly skeptical of crypto since 2022; a dedicated crypto lead signals the world's second-largest asset manager is ready to engage the sector directly.
A single private stock now drives 31% of all onchain equity trading. The bid tells you where capital is parking while it waits for direct IPO access.
The first major crypto-specific rulemaking under Chairman Atkins would exempt developers from registration during fundraising, cap exempt raise sizes, and create a safe harbor for issuers stepping…
The agenda is a wish list, not a rule, but the placement signals where the SEC wants staff time spent: rewriting the rules that govern how crypto platforms and broker-dealers handle digital assets.
Crypto-asset service providers are moving fast under Europe's new licensing regime; asset-referenced token issuers have not yet shown up, leaving the stablecoin side of the framework quiet.
Sheriffs shifting to neutral on Section 604 — the Blockchain Regulatory Certainty Act — clears a key law-enforcement holdout and tilts the Senate bill toward floor momentum.
The world's second-largest asset manager has spent years on the sidelines of crypto. Hiring a digital-assets lead for its wealth book is the first signal it is done watching.
Every major underwriter opened SpaceX with a buy-equivalent rating, but the spread from Goldman's $205 to Raymond James's $800 is the real story for investors pricing the post-IPO range.
A $10T asset manager that called Bitcoin inconsistent with its philosophy is now hiring a senior executive to build a multi-year roadmap across tokenization, stablecoins, and custody.
Samsung's record earnings could not lift its share price and SK Hynix sits 25% off its high, both signals that the AI infrastructure bid may be exhausting and that capital needs somewhere new to go.
The lead investor is one of Japan's most active crypto builders, and EDX is pairing the fresh capital with a U.S. national trust bank charter bid and a push into crypto-as-a-service.
SBI VC Trade's registered accounts have crossed 2 million, doubling since 2025, as a weak yen pushes corporate Japan to spread reserves beyond cash and into crypto.
The Iran oil spike has unwound at the WTI screen, but RBOB gasoline is still 40% above pre-war levels.
The price target is unchanged because the deal was already modeled in, but the 20-year tenor and $27B contracted backlog reset the floor on what crypto-miner-to-AI pivots can underwrite.
The raise lands as EDX pushes its OCC application to spin up a national trust bank, betting Wall Street wants one regulated venue for trading, clearing, and custody rather than another fragmented…