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Ika could redefine trustless cross-chain DeFi

Ika has launched a multi-party computation design that allows for trustless cross-chain signatures, potentially unlocking billions in dormant liquidity as only a small fraction of Bitcoin (BTC) is currently productive in DeFi. The crypto market has faced a risk-off environment lately, with declining performance across many sectors including DeFi and Solana Ecosystem. On the macro front, climbing US yields and a stronger dollar are impacting crypto momentum, although recent ETF flows suggest renewed investor interest. Ika's 2PC-MPC architecture enables secure signature generation without requiring control from compromised validators, which facilitates trustless operations across chains at Sui's native speed. This positions Ika to significantly improve security and functionality in cross-chain transactions, creating new opportunities for engagement within DeFi ecosystems. Following its mainnet launch, Ika's token has faced volatility, but the platform's promise in enabling a unified interface for controlling assets across chains may attract development and usage in the coming months.

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Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

Shares of VisionSys AI, a brain-machine and AI firm, fell over 77% in one day following its announcement of a registered direct offering intended to raise around $12 million. This significant decline marks an 88% drop over the past week, with current shares priced at $0.29. The company, which

Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

VisionSys AI (VSA), a publicly traded brain-machine and artificial intelligence company, recently announced a stock offering that sent its shares plummeting by more than 77%. Following the news, VSA stock dropped to approximately $0.29, reflecting a staggering decline of over 88% in just a week. The firm had ambitious

Would-Be $2 Billion Solana Treasury Company's Stock Crashes After Share Offering

Shares in VisionSys AI (VSA), a firm focused on brain-machine interface technology, plummeted by over 77% on Wednesday following the announcement of a stock offering aimed at raising approximately $12 million. The stock has fallen more than 88% over the past week, trading at about $0.29 per share, the

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