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BitGo set to transition Wrapped Bitcoin business to multi-jurisdictional custody

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BitGo claims the move of its Wrapped Bitcoin business will make it the world’s first “multi-jurisdictional and multi-institutional custody.”

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Coin Market

Kelp DAO exploit prompts DeFi protocols to rethink oracle providers

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Solv Protocol and other DeFi projects are migrating to Chainlink infrastructure after the $293 million exploit exposed risks in third-party bridge and oracle setups.

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Coin Market

How AI became crypto’s favorite reason to cut staff

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Coinbase, Block and Crypto.com have all cited AI to justify recent cuts, though Scale AI’s Jason Droege suspects companies are using the technology as cover.

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Australian police seize $4.1M in Bitcoin tied to darknet market

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NSW Police said the Bitcoin was allegedly linked to illegal darknet marketplace activity involving drugs and weapons.

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