blockchain

Modern derivatives and digital asset markets operate under a persistent drag of operational friction. A recent Nasdaq survey reveals that 70% of global firms experience settlement failures on a daily basis. This structural inefficiency forces institutions to maintain excess overnight collateral buffers, tying up capital that could otherwise generate returns. The inability to mobilize assets […]

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  The two hacks came a little over two weeks apart. On 1 April, attackers drained roughly $285 million from Drift Protocol, a Solana-based derivatives exchange, after spending months posing as a quantitative trading firm to trick employees into authorising malicious transactions. On 18 April, a separate group exploited a single-verifier flaw in Kelp DAO’s […]

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  Coinbase cut 700 jobs on Monday. It reported a 394 million dollar quarterly loss on Thursday. On Friday, a data centre overheated in Virginia and the exchange went dark for seven hours. The company that told its remaining engineers that AI could do weeks of work in days spent the end of the week […]

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Coinspaid, Europe’s one of the largest blockchain payment infrastructure, has announced a strategic partnership with The Residency, a global community for early-stage founders and innovators. The collaboration will provide Residency startups with exclusive access to Coinspaid’s industry-leading stablecoin infrastructure solutions on preferential terms. The Residency has become known for cultivating ambitious founders in an environment […]

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