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Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis

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The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor.

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Coin Market

How Mastercard plans to settle card payments with stablecoins

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Mastercard is testing stablecoin settlement with SoFiUSD to speed up card transaction clearing and help bridge traditional finance and blockchain.

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Coin Market

LayerZero says Kelp setup caused exploit, as Aave loss questions mount

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LayerZero said that Kelp’s DVN setup caused the $290 million exploit, as investors questioned which protocol would step up to cover the shortfall.

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Coin Market

Crypto fund inflows hit $1.4B in second-strongest week since January

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Crypto investment products recorded $1.4 billion in inflows last week as Bitcoin almost touched $78,000, with assets under management rising to $154.8 billion.

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