Institutional crypto trading platform Talos closed a $45M Series B extension, bringing total B round to $150M at a ~$1.5B valuation. Investors include Robinhood, a16z Crypto, BNY, Fidelity. The firm offers trade execution and risk tools for professional investors.
EIP-8025 introduces optional execution proofs, replacing traditional block replay with zero-knowledge verification. The upgrade requires 12 GPUs on average, raising centralization concerns, while pushing statelessness and forcing L2s to find new differentiation. Draft phase, long-term play.
Hyperliquid generated $1.19 million in fee revenue today and burned 17,600 HYPE valued at about $1.03 million, according to a post by Onchain Lens on X cited by Odaily. The update focused on the platform’s single-day revenue and token burn data. No additional operating details were disclosed in the source. The item was published under the whale movement category.
The open-source project agency-agents has topped 84,000 GitHub stars and 13,000 forks, offering more than 144 AI employee personas across 12 departments with workflows and measurable KPIs.
Bitcoin slid from $82,833 to an intraday low of $79,500 on May 7, wiping out weekly gains. The move triggered about $270 million in crypto liquidations, including $91 million in bitcoin longs.
A 116,661,476 XRP transfer worth $165.9 million stirred concern after Whale Alert flagged it. On-chain analysis later showed the move was between subwallets tied to Kraken and Binance, pointing to routine exchange operations rather than market-moving whale activity.
IPO Genie says Phase 97 is now live, with the presale moving into its later stage and focus shifting to the upcoming Vault 2 reveal. The project highlights pre-IPO access, tokenized stocks, AI curation, and wallet-only access.
The slow pace of tokenized US Treasury growth points to a core RWA adoption problem: institutional demand is being held back less by technology than by trust, legal accountability, and compliance requirements.
