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YZi Labs-backed BounceBit Chain shuts down after $3M exploit

The YZi-backed bitcoin restaking firm BounceBit announced it is shutting down after hackers stole over $3.1 million of its BB token.

UAE detentions revive question about Binance bank accounts

As this month’s UAE police detention illustrates, Binance customers’ deposits still sit in accounts that put staff within reach of police.

Justin Sun called the arbitration hearing a “major victory” while World Liberty Financial CEO Zach Witkoff claimed Sun is lying.

LayerZero’s partnership exodus now spans a dozen names, nearly $15B in assets, and even a US state government commission.