KRAKEN SUES POWERTRADE, ALLEGING $7.2M IN MISAPPROPRIATED ASSETS AND UNREALIZED GAINS
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SQUID REPORT
· Leviathan News crypto, DeFi, and AI news roundup
Squid (@squidrouter) reveals their public token sale just weeks after announcing their $6m private round.
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Zksync’s enterprise pivot risks missing product–market fit as rival rollups lock in users, liquidity and mindshare
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MemeCore M erases nearly $3B in market value after 74% crash with no clear trigger
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Delphi Digital outlines a framework for crypto neobanks, highlighting how onchain infrastructure can challenge traditional banks across savings, payments and investing
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We raised $2.4M to build the financial operating layer for Africans moving money across borders. Collect locally. Convert smartly. Settle globally. If you run a business, pay suppliers, work as a freelancer, receive international payments, or move money between countries, you often still face workflows that feel too manual, brittle and expensive. Daya is here to serve you.
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Scrypt partners with Franklin Templeton to bring tokenized treasuries to Swiss-regulated infrastructure
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Cap App Partners with Franklin Templeton to Accept BENJI Deposits
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Airwallex lands $320 million series H as valuation jumps to $11 billion, fueling next phase of global expansion
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Entropy Advisors explains how DAOs and foundations use options to raise capital, manage treasury risk and monetize tokens without direct market sales
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CoinEx becomes Iranian sanctions rail after $3.84B in flows tied to IRGC and central bank
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Unlink goes live on Monad with ZK private transfers and scoped audit views for institutions
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AI analytics platform Polysights raises $1.5M pre-seed funding to combat insider trading in prediction markets. The raise was backed by YZi Labs S3, Maven 11 Capital, and angels from Kraken and Consensys, plus grants from Polymarket and AWS.
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PeckShield flags compromised Gnosis X account and warns users not to click links
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Jumper taps LI.FI Composer to turn wallet dust into usable liquidity, letting users sweep multiple low-value tokens into one asset with a single signature
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a16z CSX-backed Cambrian raises $6M seed to build blockchain data oracle network.
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Pump.fun offers up to $5M annual compensation for a chief legal officer as the Solana memecoin giant navigates lawsuits, global regulation, and mounting compliance demands
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SBI agrees to acquire Bitbank for ¥46.7B, lifting crypto custody assets to ¥1.1T
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Three months after launch, Ethena’s dynamic cooldown system passed its first real stress test as Tier 1 liquidity covered all redemption demands
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KyberSwap exploiter sends another 2,000 ETH to Tornado Cash as laundering total hits $40M
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Book of Eth defends Ethereum Foundation's five-year record, citing The Merge, Dencun, public goods funding and scaling upgrades amid growing criticism
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The AI inference market is emerging as a global strategy game, with nations, chipmakers and cloud providers competing to control the next AI infrastructure layer
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Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada.
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Taktile charts a course to $110M in Goldman Sachs-led Series C, steering AI transformation for financial institutions
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“Everything is a meme now,” says VD, comparing modern IPOs and AI stocks to ICO-era crypto as investors price stories, sentiment, and consensus over present-day fundamentals
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Spark seeds Uniswap v4 with $150M in USDS-PYUSD and USDS-USDT liquidity for stablecoin FX layer
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Circle and Nomura target $440B-a-day Japan FX market with USDC settlement by 2027
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Real‑world assets (RWAs) are the inevitable evolution of stablecoins: tokenization proved viable at scale, creating on‑chain dollar liquidity that now seeks yield, broader use cases, and deeper financial markets
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KDDI and Securitize Japan sign pact to explore RWA tokenization for 30M-plus customer base
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Maple and Kraken close landmark onchain warehouse facility for digital asset-backed loans. But onchain lending facility raises questions about default risks and regulatory gaps.
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