French authorities investigate data breach of crypto tax platform
A local news outlet reported that a hacking group called the Shiny Hunters sent ransom demands to Waltio after seizing personal data from about 50,000 users.
Revolut drops takeover plans, seeks US banking license: Report
Revolut is planning to apply for a US banking license through the OCC after previously considering a bank acquisition that could have required branch commitments.
Restaking promises yield but delivers only stacked risk and no real value
Restaking yields come from token emissions and VC incentives, not productive activity. Complex models concentrate power among large operators, while compounding risk cascades.
Farcaster to return $180M to investors following Neynar takeover
Decentralized social network Farcaster remains operational after its acquisition by Neynar and confirmed plans to return $180 million in capital to investors.