Crypto News
China’s Z.ai Scoffs at US Sanctions, Launches Supercharged AI With $1.5B War Chest
Z.ai’s new open-source models rank third globally, as the firm eyes a Hong Kong IPO and navigates around U.S. export controls.Source link
$17 Million in XRP Allegedly Stolen From Widow of Country Music Legend George Jones
Kirk West, a former lover of Nancy Jones—widow to George Jones—was arrested Friday in Nashville for the theft of XRP and cash.Source link
DYDX Price Drops 7.6% Despite Major Token Burn and $10M Investment
DYDX trades at $0.60 after a sharp decline, but recent $15.7M token burn and regulatory advances suggest potential recovery ahead for the decentralized exchange token. (Read More)Source link
Consensys Taps DeFi Giant Aave for Metamask Stablecoin Yield
Consensys has integrated Aave’s lending protocol into Metamask, enabling users to earn yield on stablecoins directly within the wallet. Aave Powers New MetaMask Stablecoin Yield Feature Consensys has selected decentralized finance (DeFi) protocol Aave to power its new “Stablecoin Earn” feature within the Metamask wallet. The integration allows users to earn yield on USDC, USDT,Source link
Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares
Technology platform Bakkt (BKKT) is moving to complete its transition into a pure-play crypto infrastructure firm with the planned sale of its loyalty business, the company said in a press release Monday.The Nasdaq-listed company has entered into a definitive agreement to sell the unit to Project Labrador Holdco, a subsidiary of Roman DBDR Technology Advisors. The deal, expected to close in Q3 2025, includes $11 million in cash, adjustments for working capital and debt and a short-term restricted cash loan to facilitate the handoff.“With the pending sale of our Loyalty business, Bakkt is achieving a significant milestone and fully embracing its future as a streamlined, pure-play crypto infrastructure company,” Andy Main, president and co-CEO of Bakkt, said in the release.The...