Cointelegraph·
Built on Magma's Digital Twin Token (DTT) and Brickken's institutional tokenization infrastructure to close the data gap that has held tokenized real estate back.
Read full articleBinance will roll out a new suite of U-margined perpetual futures contracts tied to traditional financial assets on May 15, adding exposure to Oracle, Disney, Uber, Cisco, Home Depot and Litecoin as the exchange accelerates its push into hybrid crypto-TradFi…
The post How Compound Governance Triggered a $30M Recovery From the KelpDAO Exploit appeared on BitcoinEthereumNews.com. TLDR: Compound governance approved an oracle tweak that enabled liquidation of stolen rsETH collateral. The attacker used 116,500 rsETH as collateral to borrow ETH and wstETH across Compound v3. DeFi United seized nearly $30M after temporary oracle bounds forced undercollateralization. The recovered rsETH was redeemed into ETH to help restore KelpDAO’s damaged bridge reserves. DeFi governance proved capable of acting as an emergency recovery mechanism after the April 2026 KelpDAO exploit. Roughly 116,500 rsETH worth $292 million were stolen and deployed as collateral on Compound v3. Standard liquidation rules offered no path to recovery, since the stolen rsETH still priced normally. A governance-approved oracle adjustment changed that, eventually enabling DeFi United to seize roughly $30 million. The recovery marked one of the most coordinated on-chain interventions
Nvidia's rapid market cap growth underscores its pivotal role in AI and crypto sectors, highlighting potential supply constraints and pricing shifts. The post Nvidia adds $591B in market cap in four days, surpassing Oracle’s entire valuation appeared first on Crypto Briefing.
The post Boundary’s USBD aims to turn stablecoins into an on-chain “verifiable” dollar appeared on BitcoinEthereumNews.com. Galaxy Ventures‑backed Boundary Labs is preparing to launch USBD, an over‑collateralized Ethereum stablecoin that swaps monthly attestations for continuous on‑chain verification of reserves and net asset value while pushing yield into a separate sUSBD token aimed at institutional risk‑takers. Summary Boundary raised 2 million dollars from Galaxy Ventures, First Block Capital, BlackWood and crypto funds to build USBD, an institutional‑grade stablecoin that makes reserves and NAV visible on‑chain in real time. USBD will be over‑collateralized on Ethereum and pay no yield; a separate sUSBD token will capture protocol earnings from delta‑neutral DeFi strategies, cleanly separating “cash‑like” settlement from risk‑bearing returns. Boundary Labs, a Galaxy Ventures–backed startup, is preparing to launch USBD, an institutional-grade stablecoin built around continuous on-c
Galaxy Ventures‑backed Boundary Labs is preparing to launch USBD, an over‑collateralized Ethereum stablecoin that swaps monthly attestations for continuous on‑chain verification of reserves and net asset value while pushing yield into a separate sUSBD token aimed at institutional risk‑takers. Boundary…
Welcome to AI Insider’s The Week Ahead in AI. See the key developments and events we’re watching May 10- 16. Weekend AI News Briefs Oracle’s AI-Driven Mass Layoff of 30,000 Draws Backlash Over Severance Terms and Forfeited Stock Oracle’s reported March 31 layoff of an estimated 20,000 to 30,000 employees has triggered employee criticism over severance […]
Oracle’s abrupt termination of an estimated 20,000 to 30,000 employees via email on March 31 has sparked significant employee pushback over what many regarded as inadequate severance. The company offered four weeks of base pay plus one additional week per year of service, capped at 26 weeks, but crucially did not accelerate unvested stock grants — meaning […]
Some found out they didn't qualify for WARN Act protections like two-months notice because the company had classified them as remote workers.
