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SBF Withdraws Trial Motion but Maintains Judge Challenge

Wyatt Newson3 months ago7 min read

SBF Withdraws Trial Motion, Maintains Judge Recusal Push Sam Bankman-Fried has temporarily withdrawn his Rule 33 motion for a new trial while keeping alive his broader legal challenge, including a pending request to have Judge Lewis Kaplan removed from the case.[1][2] The former…

Volo Exploit Absorbs Team Capital While Aave USDC Pool Requires Rate Changes

Ethan Glober3 months ago7 min read

Volo Exploit and Aave USDC Pool Rate Changes Circle’s chief economist proposed urgent rate adjustments for Aave V3’s USDC pool after it hit 99.87% utilization for four days straight, triggered by the KelpDAO exploit on April 18.[1][2] Separately, the Volo liquid staking protocol…

Ronin Ethereum L2 Migration Proceeds Despite 90% Web3 Game Failure Rate

Cabel Dioli3 months ago9 min read

Ronin L2 Migration Completed: What the May 12 Transition Means for the Network Ronin has officially migrated to Ethereum Layer 2 as of May 12, 2026, transitioning from a standalone sidechain to a full-fledged L2 using Optimism’s OP Stack technology.[1][3] The move represents…

Kalshi Bans Politician Self-Betting Before Launching Perpetual Futures

Bernard Nicolai3 months ago6 min read

Kalshi Suspends Politicians for Self-Betting on Elections Kalshi, the regulated prediction market platform, suspended three congressional and Senate candidates this week for betting on their own election outcomes, issuing fines and five-year bans under its insider trading rules. This enforcement action highlights Kalshi’s…

MetaMask Co-Founder Exits Consensys as OpenAI Recruits Coinbase Marketing

Daisy Hodley3 months ago8 min read

MetaMask Co-Founder Dan Finlay Exits Consensys Dan Finlay, co-founder of MetaMask, announced his departure from Consensys on April 23, 2026, after over a decade with the company.[1][2] He cited burnout and a desire to spend more time with family as the reasons for…

OKX Adds BitGo Settlement as Onramp Launches BTC-Native Platform

Bitro Conwell3 months ago7 min read

OKX Integrates BitGo Settlement as Onramp Launches BTC Platform OKX announced plans to integrate with BitGo’s Go Network for off-exchange settlement, targeting U.S. institutional clients, coinciding with Onramp’s launch of a Bitcoin-native platform on April 21, 2026.[1] This move aims to streamline trading…

BIS Labels Exchanges Shadow Banks While JPMorgan Cites Security Flaws

Newt Bettec3 months ago6 min read

BIS Warns Crypto Exchanges Act as Shadow Banks The Bank for International Settlements (BIS) has highlighted crypto exchanges as part of a “shadow crypto financial system” due to their light regulation and concentration of activity. This view aligns with broader concerns over unregulated…

WalletConnect Adds Canton Integration as Lotus Embeds WisdomTree Yield

Demian Crypter3 months ago6 min read

WalletConnect Adds Canton Integration WalletConnect has integrated with Canton Network, connecting its ecosystem of 700 wallets and 70,000 apps to institutional tokenized assets and stablecoin payments.[1][2][3] This move, announced April 22, opens Canton apps to millions of users via seamless wallet connectivity.[2][3] Overview…

Ronin Plans Ethereum L2 Migration After 90% of Web3 Games Fail

Cindy Dutta3 months ago5 min read

Ronin Plans Ethereum L2 Migration in 2026 Ronin Network, the sidechain powering Axie Infinity, has confirmed plans to transition into an Ethereum-aligned Layer 2 network by the first half of 2026.[1][2] This move follows years as an independent sidechain launched in 2021 to…

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