Everything web3, crypto, defi, degen
In brief The SEC exempted liquid staking services from regulation Tuesday. Services like Lido and Jito are now formally greenlit to issue staking tokens and pay out crypto staking rewards to customers without registering with the agency. The move follows a similar SEC exemption in May that permitted unregulated self-custodial and custodial staking. The SEC…
In brief Ethereum jumps 7.75% from Sunday’s low, highlighting its resilience amid macro headwinds. A spike in spot ETF inflows and fresh wallets buying the top second crypto highlights sophisticated investor demand. Experts attribute mindset and opportunities as key reasons why retail investors are sidelined. Ethereum’s strong performance in the second quarter is a testament…
In brief DeFi Development Corp. bought another 110,000 SOL for around $18 million. The firm now holds more than 1.23 million SOL, all acquired since starting its treasury strategy in April. Shares jumped 10% on Monday, extending its year-to-date gains to more than 2,100%. Publicly traded real estate software firm DeFi Development Corp. bolstered its…
In brief The agent uses a “Proof of Attribution” system to make its decisions transparent and fully auditable. Unlike most AI crypto tools, this agent won’t act unless its data sources are verified and traceable. The rollout starts in 60 days, aiming to make AI in crypto safer, and trustworthy. While most crypto bots rush…
In brief CoinShares has filed for a Solana Staking ETF on Nasdaq, joining BlackRock, Fidelity, and others in adding staking features to their crypto ETF offerings. The Rex-Osprey Solana + Staking ETF already launched with $137 million AUM, showing early demand despite Solana funds representing only 8.7% of Ethereum ETF assets. Staking ETFs offer 7-8%…
In brief The DeFi protocol CrediX was compromised. An attacker swiped $4.5 million worth of crypto. CrediX said all funds would be recovered in two days. An attacker swiped $4.5 million worth of crypto from decentralized finance protocol CrediX on Monday, according to blockchain security firm CertiK.The funds, which still appear to be under an…
In brief Altcoins have climbed the most amid a broad crypto market rebound. It comes amid a week of mostly red as President Trump reignited his trade war on Thursday, slapping trade partners with tariffs up to 41%. XRP and Ethereum led the way for the top 10 cryptocurrencies, climbing 4.5% and 2.7% respectively. Altcoins…
Coinbase’s retail trading volumes dropped sharply in Q2, but beneath the surface, XRP continued to generate more consumer transaction revenue than Ethereum, extending a trend that began in the first quarter.According to Coinbase’s Q2 shareholder letter, XRP made up 13% of consumer transaction revenue, narrowly ahead of Ethereum at 12%. That marked a shift from…
In brief Pseudonymous “SharpLink Whale” currently holds $3 million worth of ETH treasury company but no actual Ethereum. The trader told Decrypt he is willing to pay a premium on the asset for the company to custody and yield millions of dollars worth of Ethereum for him. However, he warns against copycat Ethereum treasury firms,…
In brief Built for formal verification, Simplicity avoids recursion, loops, and global state. Simplicity runs on the federated Bitcoin sidechain, Liquid. The project aims to attract institutions with auditable contracts for finance, custody, and asset issuance. Bitcoin infrastructure company, Blockstream, is betting it can do what others have failed to do: bring working smart contracts…
