Everything web3, crypto, defi, degen
In brief Ripple CTO David Schwartz thinks experimentation is good for blockchains. The XRPL EVM Sidechain debuted in June. The network features smart contracts and uses XRP as its native token. XRP Ledger’s Ethereum sidechain could lead to more experimentation within the network’s ecosystem, while potentially attracting fresh talent, according to Ripple CTO David Schwartz.A…
In brief Crypto markets are rebounding, with major altcoins Ethereum, XRP, and Solana all seeing notable gains. It comes as Bloomberg reports that President Trump is set to sign an executive order that will allow crypto to be held in 401(k)s. Approximately $8.7 trillion are held in 401(k)s and could potentially flow into crypto if…
GM!Today’s top news: Crypto majors soar on 401(k) and BOE rate cut news; ETH & SOL lead Trump to sign Executive Order today allowing crypto in 401(k)s Tom Lee calls for $16,000 ETH + 5-10% crypto portfolio allocation Roman Storm found guilty on 1 count in split jury, retrial likely to come Art Blocks introduced…
In brief In a fireside chat, NEAR Protocol founder Illia Polosukhin and Infinex founder Kain Warwick argued that greater levels of interoperability are crucial for fueling crypto adoption. In June Infinex successfully integrated NEAR Intents and Chain Signatures, facilitating swapping and bridging of non-smart contract cryptocurrencies across multiple blockchain networks. Polosukhin said that NEAR Protocol…
In brief Ethereum daily transactions reached 1.87 million, approaching the all-time high of 1.96 million set in January 2024. The surge has been driven primarily by increased activity from stablecoins USDC, Tether, and decentralized exchange Uniswap. Market analysts attribute the surge to regulatory developments like the GENIUS Act passage, multiple ETF approvals bringing traditional market…
In brief Storm was found guilty of operating an unlicensed money transmitter. The jury could not reach a verdict on money laundering and sanctions evasion charges. Prosecutors have requested that Storm be remanded to prison, noting his connections to Russia. A Manhattan jury found Roman Storm guilty of a conspiracy to operate an unlicensed money…
In brief The SEC has formally exempted major Ethereum and Solana staking protocols from securities laws. It’s likely the final clarification needed to give staking ETFs the green light. The precedent is also now set for staking across broader decentralized protocols. GM!Today’s top news: Crypto majors dip after Monday’s rally; BTC at $114,300 SEC gives…
In brief On-chain data shows dormant whales moving 3,000 BTC—often a sign of local tops. Options skew turns negative, indicating rising demand for downside protection. Spot ETF outflows and halted fund inflows suggest waning institutional appetite. Bitcoin’s August recovery is heavy-footed as multiple sell signals converge.Weakness is evidenced by two key metrics that suggest a…
In brief Coinbase has launched a new feature for developers. It will allow builders to include crypto wallets into their apps. The exchange said the feature will be well-suited to stablecoin-related apps. Crypto exchange Coinbase has debuted a feature for developers so they can easily build self-custodial wallets into their apps. Dubbed the Embedded Wallets software,…
In brief The broader crypto market rally has stalled, with total market cap falling again today. But one token is swimming against the current: Mantle, or MNT. Mantle is building an Ethereum treasury, and ETH charts tell an interesting story of their own. The cryptocurrency market is catching its breath after Monday’s exuberance, with the…
