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Uphold says the NYAG statement misrepresented key facts about its $5M CredEarn settlement.The NYAG said more than 6,000 Uphold customers lost over $34M after Cred collapsed.Uphold said it froze Cred’s platform access within hours after learning about liquidity issues.

Plaintiffs’ claims hinge on an unproven attribution tying the Kelp DAO exploit to North Korea.DeFi industry efforts have already mobilized over $300 million to plug the shortfall.

Upbit will be the Optimism Foundation’s first client on its “self-managed” enterprise tier, meaning the exchange will manage its own rollup sequencer while being able to rely on Optimism for tech support.“What we hear consistently from the largest exchanges and institutional operators is that they want to own the chain their users transact on, not rent it,” said Jing Wang, Optimism Foundation director.

Base, launched as an optimistic rollup, is hybridizing its tech stack with Succinct’s SP1 zero-knowledge virtual machine, helping move the network toward “1-day finality.”Paradigm-backed Succinct secures some $4 billion in digital assets for protocols like Polygon, Mantle, Celestia, and Lido.

The Depository Trust & Clearing Corporation said it would facilitate “initial, limited production trades of real-world assets” in July, ahead of the service’s launch in October.Interest in tokenization has surged as financial firms explore bringing traditional assets on-chain, a shift that could enable 24/7 trading and faster settlement.

The Basel Committee’s 1,250% risk-weight on unbacked crypto makes direct Bitcoin balance-sheet exposure economically unviable for major banks under current rules.Morgan Stanley’s MSBT launched April 8 as the first US bank-affiliated Bitcoin ETP, hitting $100M in six days entirely through self-directed client demand with zero advisor involvement.The bank recommends a 2% to 4% Bitcoin allocation to certain clients and is pursuing an OCC digital trust charter for direct crypto custody and spot trading.

A federal case over frozen crypto could determine whether DeFi recovery funds can be seized to satisfy unrelated judgments.

Katie Haun’s venture firm closes a $1 billion fund to target crypto infrastructure and systems for AI agents to transact autonomously.

Coinglass data shows whale positions on Hyperliquid total $4.016 billion, with $2.024 billion in longs (50.39%) and $1.992 billion in shorts (49.61%), for a long-short ratio of 1.02.Aggregate PnL is tilted against bears: long positions sit on about $14.8423 million in profit, while shorts are nursing roughly $41.6691 million in losses.A single whale address, 0xa5b0..41, is running a 15x leveraged ETH long from $2,265.48 with unrealized profit of around $2.9404 million.

Kraken’s parent company, Payward, has filed a second amended complaint in Colorado federal court accusing former custody partner Etana Custody and its CEO of misappropriating more than $25 million in client funds.The suit alleges Etana ran a “Ponzi scheme” by commingling custodial assets with its own, funding expenses and risky bets, and papering over a growing hole with falsified account statements.Colorado regulators have already hit Etana with a cease-and-desist order; the firm entered liquidation in November 2025 and is now controlled by a court‑appointed receiver.

Tom Lee's BitMine Immersion Technologies made its third straight weekly Ethereum buy above 100K ETH as the coin continues rising.

Bitcoin just hit its highest price in months, right as $65 billion treasury firm Strategy took a rare week off from BTC accumulation.

Bitcoin rallied above $80,000 overnight before selling off on reports of a U.S. warship struck by Iranian missiles. Plus, Clarity Act odds spiked after a new compromise on stablecoin yield.

Bitmine added 101,745 ETH last week, pushing total Ethereum holdings to 5.18 million tokens now.Staked ETH reached 4.36 million tokens, giving Bitmine about $10.2 billion in staked assets.Ethereum Foundation sales added context as Bitmine moved closer to its 5% ETH supply target.

DAXA warned South Korea’s AML plan could raise exchange reports from 63,000 to 5.4 million.The proposal would flag overseas-linked crypto transfers above 10 million won as suspicious transactions automatically.Korean exchanges are already fighting FIU sanctions as courts review several AML-related enforcement actions.

Bitcoin jumped 2.6% above $80,000, and Ether gained 3.6% to trade at $2,382 as of 11:40 p.m. ET Sunday.Trump said Sunday that the U.S. will guide stranded ships through the Strait of Hormuz, while an Iranian official warned that such a mission could be considered a violation of the ceasefire.