Cryptocurrency

South Korea’s Upbit has partnered with Optimism to develop a dedicated Ethereum Layer 2 blockchain using the OP Stack. Summary Upbit has partnered with Optimism to build GIWA Chain, an…

GSR has secured a strategic investment from SC Ventures, the fintech investment arm of Standard Chartered, according to a Tuesday announcement.  Summary SC Ventures became GSR’s first external strategic shareholder…

K Wave Media has redirected up to $485 million from its Bitcoin treasury strategy into artificial intelligence infrastructure.  Summary K Wave redirected $485M from Bitcoin treasury plans into data centers…

Haun Ventures has raised $1 billion in new funds to back founders working across crypto, finance and artificial intelligence.  Summary Haun Ventures raised $1B to invest in crypto infrastructure, tokenization…

Prediction markets are moving closer to institutional finance as large investors seek direct ways to trade event risk, according to a May 4 Bernstein report.  Summary Bernstein says Kalshi’s first…

Aave LLC filed an emergency motion in New York on May 4 to vacate a restraining notice served on Arbitrum DAO.  Summary Aave says stolen ETH cannot become North Korea’s…

The Depository Trust & Clearing Corporation plans to start limited production trades of tokenized securities in July 2026.  Summary DTCC plans July tokenized securities pilots before targeting a full service…

Chainlink price rose 3% on May 4, its biggest single-day gain in two weeks, as Consensus 2026 opened. Summary LINK climbed alongside Bitcoin’s return above $80,000, with the broader risk-on…

ZeroStack CEO Daniel Reis-Faria says the CLARITY Act stablecoin deal reduces investor uncertainty but has not resolved institutional hesitation yet. Summary Senators Tillis and Alsobrooks reached a CLARITY Act yield…

US voters ranked crypto last among election priorities in an April poll of 1,000 registered Americans. Summary Just 1% of registered US voters named crypto their top concern; only 3%…