UK bank Lloyds agrees to acquire UK startup Curve, which offers digital wallets, in a deal set to close in H1 2026; Sky News reported Lloyds is set to pay £120M
Aisha S Gani / Bloomberg :
Nathan Calvin, general counsel of AI safety nonprofit Encode, says OpenAI used intimidation tactics to undermine California's SB 53 while it was being debated
one which buried that the recipient, the GC of a company who Amicus-ed us, received a broad subpoena with advance notice— was not the way. @lessig : This is awful. Aggressive lawyering is always a bad...
After Curve disclosed a hack, CRV dropped by ~25% in three days, prompting fears of wider market turbulence; DefiLlama: crypto using Curve fell ~50% to $1.9B
- Curve's native CRV coin posted three-day, 25% slump after hack — Drop raised concerns about wider fallout from platform's woes
Curve, a stablecoin exchange on Ethereum, says bugs in Vyper, a programming language used by parts of Curve, are being exploited; ~$100M of crypto is at risk
More than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum's DeFi ecosystem.
DeFi Llama: the total value locked across all DeFi protocols has dropped to ~$112B, down from ~$195B at the start of May before UST and LUNA collapse
Emily Nicolle / Bloomberg : Tweets: @emilyjnicolle Tweets: Emily Nicolle / @emilyjnicolle : DeFi projects have lost a collective $83bn since the start of May, almost halving the sector's total value ...
CoinGecko: after Tether lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC stablecoin circulation rose by $3.4B and Binance USD is up $1.2B
Circle's USD Coin is reaping the benefits as circulation of Tether, the world's largest stablecoin and its closest rival, continues to decline in a wave of redemptions. Tweets: @chrisbloomstran , @tob...