KRAKEN SUES POWERTRADE, ALLEGING $7.2M IN MISAPPROPRIATED ASSETS AND UNREALIZED GAINS ↗

SQUID REPORT · Leviathan News crypto, DeFi, and AI news roundup

Zksync’s enterprise pivot risks missing product–market fit as rival rollups lock in users, liquidity and mindshare ↗
MemeCore M erases nearly $3B in market value after 74% crash with no clear trigger ↗
Squid (@squidrouter) reveals their public token sale just weeks after announcing their $6m private round.
Squid (@squidrouter) reveals their public token sale just weeks after announcing their $6m private round. ↗
Cap App Partners with Franklin Templeton to Accept BENJI Deposits ↗
Scrypt partners with Franklin Templeton to bring tokenized treasuries to Swiss-regulated infrastructure ↗
Unlink goes live on Monad with ZK private transfers and scoped audit views for institutions
Unlink goes live on Monad with ZK private transfers and scoped audit views for institutions ↗
Delphi Digital outlines a framework for crypto neobanks, highlighting how onchain infrastructure can challenge traditional banks across savings, payments and investing ↗
Entropy Advisors explains how DAOs and foundations use options to raise capital, manage treasury risk and monetize tokens without direct market sales ↗
Airwallex lands $320 million series H as valuation jumps to $11 billion, fueling next phase of global expansion
Airwallex lands $320 million series H as valuation jumps to $11 billion, fueling next phase of global expansion ↗
CoinEx becomes Iranian sanctions rail after $3.84B in flows tied to IRGC and central bank ↗
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. ↗
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
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 ↗
Hyperliquid expands portfolio margin beta with higher limits for sub-$25M accounts ↗
SBI agrees to acquire Bitbank for ¥46.7B, lifting crypto custody assets to ¥1.1T ↗
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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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 ↗
GrailPay secures $10.5M to power the next era of instant, AI-driven payments ↗
Story rebrands into DATA Foundation, launches Trace with 1.5B Kled AI training records
Story rebrands into DATA Foundation, launches Trace with 1.5B Kled AI training records ↗
Float Financial raises CAD $85M Series C round to accelerate AI-driven financial operating system for Canada. ↗
Taktile charts a course to $110M in Goldman Sachs-led Series C, steering AI transformation for financial institutions ↗
“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
“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 ↗
Circle and Nomura target $440B-a-day Japan FX market with USDC settlement by 2027 ↗
Starknet adds shielded USDC balances and private transfers through STRK20, with Ready and XVerse integrations ↗
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
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 ↗
USDT0 clears $100B in transfer volume less than 530 days after January 2025 launch ↗
Spark seeds Uniswap v4 with $150M in USDS-PYUSD and USDS-USDT liquidity for stablecoin FX layer ↗
Optimism ships L2CM to upgrade 27 OP Stack predeploys without multisig transactions ↗
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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. ↗
Kraken brings Centrifuge-tokenized Janus Henderson JAAA into qualified custody for institutional collateral ↗
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