Ethereum co-founder Joseph Lubin acknowledged that venture capitalists aim to extract maximum value from the ecosystem but remain essential for directing global capital into crypto. He stated that onchain investment platforms will eventually replace traditional VCs as the industry matures, according to a post he made on X.

Coinbase and Robinhood faced service disruptions on Monday due to an Amazon Web Services (AWS) data center outage in the Northern Virginia region. The incident affected multiple platforms relying on AWS. It highlighted vulnerabilities in centralized cloud infrastructure.

Circle's president revealed on Thursday that the company is exploring mechanisms for reversible USDC transactions to combat fraud while maintaining settlement finality. This approach conflicts with crypto's founding principle of transaction immutability but mirrors successful actions in the Cetus $220M hack, where validators froze $162M of stolen assets.