LayerZero launches ZERO blockchain, partners with ICE and DTCC

Robinhood Board Approves $1.5 Billion Share Repurchase Program, Expected to Be Executed Within Three Years

Robinhood's board approved a $1.5 billion share repurchase program, expected to be executed over the next three years, while retaining flexibility to accelerate repurchases. The company continues to expand its crypto business footprint and launch innovative products to create shareholder value.

Lido's Revenue Fell to $40.5M Last Year, Down 23% YoY, as LDO Buyback Plan Assessed

Lido Protocol released its 2025 financial data, with total revenue of $40.5 million, down 23% year-over-year. Gross revenue declined 18.2%, driven by user withdrawals and declining staking yields. Lido will evaluate its LDO buyback plan, with a goal to expand new services, particularly targeting institutional investors.

Lombard Partners with Bitwise to Activate $500 Billion in Institutional Custody BTC for Yields and Collateralized Lending

Lombard and Bitwise Asset Management announced a partnership at the New York Digital Asset Summit to launch an institutional-grade BTC collateral lending solution that combines DeFi lending with real-world assets. The initiative aims to launch in 2026 and targets coverage of $500 billion in BTC assets while mitigating multiple risk categories.

When Backpack Betrays the Community

Backpack triggered strong backlash after launching its native token $BP due to airdrop distribution issues. Numerous KOLs and users expressed disappointment with its handling approach and criticized the project for deviating from community principles. Although the project team stated it would open an appeals process and provide compensation, user trust has been severely damaged, and the token price has dropped significantly.

SoraVentures-backed DV8 acquires Rakkar Digital, becomes Southeast Asia's first licensed Bitcoin company

DV8, under Sora Ventures, acquires Thailand's digital asset custodian Rakkar Digital and will become Southeast Asia's first bitcoin asset management company to obtain a compliant license. The acquisition aims to leverage Rakkar Digital's compliance license to further expand the Asian market, accelerate the compliance process, and reduce cross-border operational risks, while strengthening corporate governance and market position.

Pumpfun updates the token fee mechanism, allowing creators to redirect fees only once

Pumpfun co-founder Alon announced that the platform is updating its token fee mechanism to reduce manipulation. Under the new rules, creators can only redirect fees once, tokens with set fees will be locked, and user interests are protected.