UnchainedCrypto

Stablecoin giant Tether has partnered with the TON Foundation to debut an omnichain version of its gold-backed stablecoin, XAUt, on The Open Network (TON).
The new token, XAUt0, leverages LayerZero’s omnichain fungible token standard, enabling direct transfers of the gold-backed asset across

The Ethereum Foundation on Monday announced a significant restructuring of its research and development division, now rebranded simply as Protocol.
As part of the overhaul, the foundation confirmed that it had laid off several staff members, without specifying names or the number of people it had g

Wintermute warns that Ethereum's EIP-7702 upgrade poses higher risks of automated attacks. Malicious actors exploit the feature, targeting compromised wallets. Security firms emphasize the importance of user caution.

The TON blockchain, linked to Telegram, faced a temporary outage due to a queue error affecting block production. The issue was quickly resolved by the development team without financial losses. Previous incidents have impacted TON due to network congestion.

Midas has launched a tokenized U.S. Treasury bill product on the Algorand blockchain named mTBILL. The first atomic swap occurred with zero fees and completed in two seconds, making it accessible to smaller investors. This product offers a net yield of 4.06% and full DeFi composability on Algorand.

Cantor Fitzgerald Asset Management introduces its first Bitcoin-focused investment vehicle, the Cantor Fitzgerald Gold Protected Bitcoin Fund. Designed for uncapped Bitcoin exposure with gold-based downside protection.

DeFi platform Cork Protocol faced a $12 million security breach due to a smart contract exploit, prompting investigations and halting trading. The breach involved a rapid drain of Wrapped Staked Ether from a trading pair, making tracing difficult.audit shortcomings were noted.

Circle froze $57 million of USDC in Solana wallets linked to the LIBRA team due to legal disputes and investor losses. This action is part of Circle's ability to freeze assets on supported blockchains, including Solana. They have blacklisted $98.3 million worth of USDC across 292 wallet addresses.

Crypto trader James Wynn made $87 million on Hyperliquid in 70 days but lost most in just 5 days due to high leverage trading, now left with minor profits and significant bitcoin losses.

Cetus proposes returning frozen funds post-$220 million exploit via community vote, drawing debate on decentralization vs. user protection.

SharpLink Gaming is shifting towards using ether as its primary treasury reserve by raising $425 million via a private placement led by Consensys Software. Joseph Lubin will become SharpLink's board chair. Other crypto investors are also involved, causing the company's stock price to surge over 400%. This move makes SharpLink a potential "public ETH proxy", acquiring around 120,000 ETH and becoming the first Nasdaq-listed company to establish an ETH treasury. Eth's price initially rallied to $2,700 before settling at around $2,635.

Lagrange Labs launches LA token for its Prover Network, tied to AI and zero-knowledge rollups. Eligibility includes Turing Roulette game participation. Distribution involves airdropping 10% of the 1 billion LA supply. Raised $17M, with early tokens locked for a year.

Google researchers have found quantum computers may break Bitcoin encryption 20 times easier than believed. Although not an immediate threat, this highlights future security risks.

Trump Media & Technology Group denies planning to raise $3 billion for buying crypto assets, dismissing the Financial Times report as inaccurate. The company aims to venture into digital assets, including a financial services platform and a partnership with Crypto.com. House Democrats introduced a bill to prevent top officials from owning or trading digital assets while in office.

Trader James Wynn gained attention for a drastic shift in his Bitcoin position, incurring a $13.4 million loss. This move came after closing a $1.2 billion long position and opening a $1 billion short. Bitcoin's price increase to $109,800 showed resilience despite the incident, as open interest hit record levels of over $75 billion.