Bitcoin (BTC) is “done” with drawdowns of 85% or more from all-time highs, says ARK Invest CEO, Cathie Wood. Key points: Bitcoin will not see another correction of 85% or more versus its latest all-time high, Cathie Wood argues. A new prediction sees $34,000 becoming the next BTC price bottom. Bitcoin bear-market seasonality hints that…

The U.S. Department of Justice arrested a Master Sergeant with the Army on allegations he placed wagers on the raid of Nicolas Maduro ahead of participating in the operation to detain former Venezuelan leader. The DOJ unsealed an indictment Thursday charging Gannon Ken Van Dyke with the unlawful use of confidential government information for personal…

The exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause broader ecosystem contagion, according to crypto industry executives and blockchain security firms. Non-isolated lending on DeFi platforms, including earlier versions of the Aave lending protocol, exposes users to risks from all the various tokens used…

The partnership brings growth, large-cap, fixed income, equity income, and gold ETFs onchain through Ondo Global Markets. Ondo Finance has partnered with Franklin Templeton to tokenize five of the asset manager’s exchange-traded funds (ETFs). The deal marks the first time Templeton-managed ETFs are available on-chain, extending the $1.7 trillion asset manager’s blockchain footprint beyond its…