Kraken Parent Payward Targets OCC Charter to Unlock Institutional Digital Asset Custody
Key TakeawaysPayward, the parent company of Kraken, filed an OCC application to establish a national trust company for institutional digital asset custody.The proposed Payward National Trust Company would complement Kraken Financial, which holds a Federal Reserve...
Layerzero Discloses RPC Poisoning Incident Linked to $292M KelpDAO Hack
Key TakeawaysLazarus Group attacked Layerzero Labs internal RPCs and poisoned data sources in order to attack the KelpDAO DeFi project.The security breach impacted 0.14% of applications and roughly 0.36% of asset value associated with Layerzero.Layerzero Labs is...
Judge Clears $71M ETH Transfer to Aave as rsETH Recovery Enters Final Phase – Bitcoin News
Judge Garnett cleared 30,765 ETH ($71M) for transfer to Aave’s wallet on May 9, 2026.The April 18 KelpDAO exploit saw attackers borrow $230M in ETH using unbacked rsETH collateral.Aave’s ETH LTV ratios are returning to normal as rsETH bridge recapitalization begins....
Blackrock to Launch Tokenized Money-Market Funds on Ethereum
Key TakeawaysBlackrock filed to tokenize its $6.1B BSTBL fund on Ethereum, targeting stablecoin investors.The move builds on Blackrock’s BUIDL fund, now at over $2.50B AUM across 8 blockchains.SEC approval is pending; Ethereum holds over $8.0B in tokenized treasuries...Interesting 13
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