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DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends
Gauntlet noted that deposits are now back to same levels before the campaign, and has navigated large capital swings before due to incentive campaign endings, airdrops, and shifts in market conditions which regularly produce short-period swings in either direction.

XRP treasury firm Evernorth discloses $233.7 million impairment on holdings in SPAC filing
The company reported a $233.7 million digital asset impairment for 2025, reflecting the gap between purchase prices and lower market values.

Bitcoin’s biggest DeFi drawback under attack as OpNet unlocks smart contracts on mainnet
Bitcoin’s biggest limitation is being challenged as OpNet brings native, yield-generating DeFi directly to the Bitcoin mainnet.

Bitcoin’s quantum threat is real, but far from an existential crisis, Galaxy says
Developers are already working to address quantum risks, and investors shouldn’t mistake a long-term challenge for an immediate threat, according to Galaxy Digital’s head of research Alex Thorn.

Strategy’s latest massive bitcoin purchase offers insight into its evolving funding model
A $1.18 billion preferred stock raise, roughly equivalent to 16,800 BTC, signals a shift away from common stock as dividend obligations top $1 billion.

Vietnam pushes local crypto exchanges as Hanoi moves to block offshore trading: Reuters
The move aims to regulate the country's growing crypto market and restrict trading on foreign platforms.

Robinhood’s new venture fund just snapped up stakes in Stripe and ElevenLabs
The closed-end fund aims to give everyday investors exposure to private firms before they go public.

Citigroup cuts BTC and ETH targets as U.S. crypto legislation stalls
The Wall Street investment bank cited slower ETF flows, weak network activity and a narrowing window for U.S. regulatory catalysts.

PayPal expands its stablecoin into 70 markets
The payments giant says the dollar-backed PYUSD token will enable cheaper cross-border transfers and faster settlement for merchants.

Bitcoin outperforms gold and stocks in global turmoil as ETFs and Strategy accumulate
Wall Street broker Bernstein took note of an institutional ownership shift as behind bitcoin's resilience during this latest bout of global turmoil.
