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Solana DeFi platform step finance hit by $27 million treasury hack as token price craters
The platform's governance token (STEP) plummeted over 80% following the announcement amid a wider crypto market drawdown.

The market for tokenized equities has exploded by almost 3,000% in a single year
Tokenized stocks grew nearly 3,000% in 2025 as new SEC rules and a DTCC pilot pushed the asset class toward the $1 billion milestone, led by Ondo and Securitize.

U.S. imposes sanctions on crypto exchanges tied to Iran for the first time
The exchanges were accused of facilitating transactions for the Islamic Revolutionary Guard Corps and are linked to an Iranian businessman convicted of embezzlement.

Bitwise CIO Matt Hougan says bitcoin could hit $6.5 million in 20 years
After a bruising 2025, Hougan sees sideways Bitcoin trading, rising institutional interest and early central bank curiosity setting up the next cycle.

Brian Armstrong was snubbed by top executives from the biggest U.S. banks in Davos
Stablecoin rewards and the Clarity Act widen the divide between crypto and TradFi, according to people who spoke with the WSJ.

Citi says CLARITY Act momentum builds, but DeFi fight could stall crypto bill
Washington is edging closer to a landmark crypto framework, though disputes over DeFi and stablecoin rewards risk pushing final passage beyond 2026.

Lido’s new stVaults will let L2s create their own rules for Ethereum staking
stVaults let other teams plug into Lido’s staking system instead of building their own from scratch.

Binance to shift $1 billion user protection fund into bitcoin amid market rout
Binance will convert the stablecoin holdings in its $1 billion Secure Asset Fund for Users to bitcoin over the next 30 days, with plans for regular audits.

Circle’s biggest bear just threw in the towel, but warns the stock is still a crypto roller coaster
Circle’s rising correlation with ether and DeFi exposure drives the re-rating, despite valuation and competition concerns.

Ethereum OGs revive the DAO with $220 million security fund, Unchained reports
According to the report, $13.5 million will be allocated to security grants distributed through DAO-style mechanisms
