News

LBank News aggregates authoritative global blockchain news and in-depth market analysis.

News

LBank News aggregates authoritative global blockchain news and in-depth market analysis.

BitcoinMore
Alcoa nears deal to sell dormant New York smelter site to Bitcoin miner NYDIG: Bloomberg
Alcoa is in advanced talks to sell its Massena East site in upstate New York to Bitcoin financial services firm NYDIG, CEO Bill Oplinger told Bloomberg on Friday.Oplinger said the transaction should close in the middle part of this year, as the aluminum giant works to offload 10 dormant US smelter sites.The deal would make NYDIG the owner of the 1,300-acre facility, where it has operated with Coinmint since taking a strategic stake in Oct. 2024.
13 Hours Ago
MarketMore
RaveDAO team denies role in RAVE token pump as Binance, Bitget open investigations
RaveDAO said Saturday its team is “not engaged in, nor responsible for” the recent surge in its RAVE token, which jumped from $0.25 to $28 in nine days before collapsing to under $4 on Saturday.Onchain investigator ZachXBT alleged a pump-and-dump scheme, pointing to roughly 90% of supply held across three team-linked wallets, and has offered a $25,000 bounty for whistleblowers.Binance and Bitget have both confirmed they are investigating the trading activity.
10 Hours Ago
RegulationMore
Warren claims SEC’s Atkins likely misled Congress over enforcement data
SEC chair Paul Atkins is under fire from Senator Elizabeth Warren, who says he “may have been deliberately trying” to mislead Congress about the agency’s enforcement activity.
12 Hours Ago
Blockchain TechMore
'XRP Keeps Growing,' Ripple CEO Says Amid Solana Milestone
XRP utility has expanded on Solana in a recent milestone, sparking a response from Ripple CEO Brad Garlinghouse.
2 Days Ago
AndX Enters US Crypto Exchange 2026 Market Using BitGo’s Regulated Infrastructure
AndX, a New York-headquartered AI-native Web3 financial platform that already operates in Turkey, the UAE, India, Brazil, the Philippines, and South Africa.The platform runs on BitGo Bank and Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company.AndX CEO Viru Raparthi said the partnership enables the company to focus on user-facing innovation including AI-driven trading tools, real-world asset tokenization, and global payment capabilities rather than on core infrastructure.
2 Days Ago
StablecoinsMore
Circle Payments Network Opens Stablecoin Settlement to Banks Without Digital Asset Complexity
Partners interact entirely in fiat while Circle manages the complete digital asset lifecycle including USDC minting and burning, payment orchestration, compliance controls, and blockchain infrastructure, reducing the adoption barrier for institutions that lack crypto licenses or technical capacity.USDC has supported more than $70 trillion in total on-chain settlement since inception, with on-chain transaction volume approaching $12 trillion in the final quarter of 2025 alone, giving the network a scale foundation that new entrants join rather than build.Launch partners exploring the settlement use cases include global payment companies Veem, Thunes, and Worldline, with Circle managing the technical and regulatory complexity that has blocked most banks from accessing stablecoin rails directly.
2 Days Ago
SecurityMore
Kelp DAO's rsETH bridge apparently exploited for roughly $292 million in LayerZero-based attack
An attacker seemingly drained 116,500 rsETH from Kelp DAO’s LayerZero-powered cross-chain bridge on Saturday, worth approximately $292 million at current market prices.Kelp’s emergency pauser multisig froze the protocol’s core contracts roughly 46 minutes after the successful drain, blocking two follow-up attempts.Neither Kelp nor parent protocol KernelDAO have publicly acknowledged the incident as of publication.Aave responded by freezing rsETH markets on Aave V3 and V4 and said any potential bad debt could be offset with Umbrella assets.This is a developing story.
11 Hours Ago
FundingMore
Trump Administration Pulls $73.5M From New York Over Immigrant Trucker Licenses
Transportation Secretary Sean Duffy said FMCSA audited 200 sample records and found that more than half contained significant problems, such as licenses remaining valid long after the holder’s authorization to be in the country had lapsed.Governor Kathy Hochul’s office called the action a baseless attack on blue states, noting that New York issues CDLs under federally issued rules and that audits from the first Trump administration supported its practices.The DOT also warned that an additional $147 million in federal funding could be at risk if New York remains out of compliance, and threatened to bar the state from issuing any new CDLs if it does not revoke the flagged licenses.
2 Days Ago
Layer1More
Solana News Today: DoubleZero Launches Edge to Bring Wall Street Data Infrastructure Onchain
Edge launched with 379 validators publishing shreds, covering approximately 43% of Solana’s total stake, with Jito, Triton, Staking Facilities, and Harmonic participating as initial launch partners.Traders subscribe in USDC per device per epoch, with prices from $30 to $100 depending on city, while revenue splits 50% to network contributors, 32.5% to validators originating shreds, and 17.5% to protocol clients, with 10% going to a protocol burn mechanism.DoubleZero, co-founded by former Solana Foundation communications director Austin Federa, raised $28 million in March 2025 in a round co-led by Multicoin Capital and Dragonfly Capital.
2 Days Ago