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Exclusive
Nomura-Backed Komainu Joins Crypto Custodian Copper’s ClearLoop Network
Komainu clients will be able to benefit from the firm’s on-chain custody while gaining access to off-exchange settlement over ClearLoop.

Floki Developers Propose Staking and Utility Token Plans
The move could help amp up investor interest in FLOKI tokens, which form part of the Floki DAO ecosystem.

Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple
The Markets in Financial Instruments Directive (MiFID) license will soon allow the firm to offer S&P 500 stocks. In addition, Xapo, which has always been bitcoin-only, plans to add Ethereum’s ETH.

Bitstamp Courts European Banks as Region's Incoming Crypto Rules Boost Confidence
The longest-running crypto exchange says three European banks are in talks about offering crypto services – a stark contrast to the U.S., where firms are wary amid a regulatory crackdown.

Galaxy's Head of Mining Amanda Fabiano Departed to Start Consulting Company
Fabiano’s new company will work with bitcoin mining companies including Compass Mining and Giga Energy.

Chia Network Lays Off Third of Its Staff as Loss of Banker Delayed Going Public
Chia fired 26 of its 70 employees as it continues its pitch to the U.S. Securities and Exchange Commission on going public and is weighing first-ever sales of some of its tokens.

IOTA Network to Debut ShimmerEVM’s Smart Contracts and Tokens
Users can also send SMR tokens (and in the future NFTs and custom Native Assets) to the ShimmerEVM through Firefly.

NEAR Foundation’s Marieke Flament Steps Down as CEO
General Counsel Chris Donovan will assume her role at the organization behind the NEAR protocol.

Arbitrum Blockchain Traders Can Now Protect Against 'Impermanent Loss'
GammaSwap developers say it is the first application to allow Arbitrum users to hedge against supplied liquidity by letting them go short on those positions.

Coinbase Earned $1M Amid Hack, but Hasn't Reimbursed Victims
Coinbase received 570 ETH, the second-largest payout tied to MEV in Ethereum’s history, to process transactions related to the Curve exploit.
