BitGo Cuts 15% of Staff to Refocus on Stablecoins and AI
BitGo is cutting nearly 15% of its staff following its January IPO. The company is shifting focus to stablecoins, institutional services and AI driven infrastructure.
Altura Winds Down Stablecoin Vault After $8.5M in Withdrawals
Altura has begun winding down its multi-strategy stablecoin vault after processing more than 8.5 million USDT in withdrawals in 24 hours. The firm cites sustained redemption demand and market sentiment.
Legal | News | Regulation
Binance Reportedly Faces MiCA License Rejection in Greece
Reuters reports that Greece’s regulator may reject Binance’s MiCA license application. Without approval, the exchange could lose access to the EU market after July 1, 2026.
Microsoft CEO Calls for Token Capital in AI Economy
Microsoft CEO Satya Nadella says companies must build proprietary AI systems, which he calls token capital, alongside human expertise. He warns against value concentration in a few dominant models.
Istanbul Blockchain Week 2026 Focuses on Custody and Compliance
Istanbul Blockchain Week 2026 focused on custody standards, stablecoin use cases, and Turkish regulatory structure. Institutional participation shaped the agenda.
XRP Near $1.09 Support as SBI Shinsei Bank Adds Crypto Interest Option
XRP is testing a major technical support near $1.09 as analysts watch resistance levels. Meanwhile, SBI Shinsei Bank will offer deposit interest vouchers redeemable for Bitcoin, Ethereum, and XRP.
$1.58M Drained From Token of Power in Governance Exploit
An attacker gained majority voting power in Token of Power, minted 10 billion TOP, and drained $1.58 million from a Balancer V1 pool. The exploit highlights governance risks in smaller DeFi projects.
News | Regulation | Security
Syscoin Pauses Bridge After 5 Billion SYS Minted Illegally
Syscoin halted its bridge after an attacker minted about 5 billion unauthorized SYS through a validation flaw. The token fell more than 7 percent following the incident.
Binance Re-Entry in Philippines Through SEC Sandbox Framework
Binance is re-entering the Philippine market through a partnership with BlockShoals under the SEC’s StratBox sandbox. The move follows its 2024 ban over unregistered operations.
Squid Distances Itself From $3.2M Third-Party Module Exploit
A third-party contract named SquidRouterModule was exploited for about $3.2 million across Ethereum and Base. Squid states its own router and users were not affected.