Everything web3, crypto, defi, degen
Nemo Protocol, a DeFi platform built on the Sui blockchain, was hacked for $2.4 million late on Sunday, according to blockchain security firm PeckShield.The attack preceded scheduled maintenance on the platform planned for Monday and Tuesday.In a tweet, Nemo protocol stated that a “security incident” had affected its market pool. “We are investigating the matter…
In brief Metaplanet has bought another 136 BTC for $15.2 million, bringing total holdings to 20,136 BTC. The firm achieved “BTC Yield of 487% YTD 2025” with an average purchase price of $103,196. The company is 20% toward its revised 2026 goal of 100,000 BTC, up from its original target of 21,000. Metaplanet Inc. announced…
In brief Validators will decide the USDH ticker in an on-chain vote scheduled for September 14. Hyperliquid claims the ticker carries no special privileges, while analysts see it as a push to reduce reliance on USDC. Analyst estimates suggest USDH could divert $5.5 billion from USDC and generate $220 million annually for HYPE holders. Hyperliquid,…
In brief The LINEA token will begin its airdrop process on September 10. More than 9 billion tokens will be available to early users when the claim opens. An additional 75% of the total supply will ultimately be distributed to ecosystem participants. Ethereum layer-2 network Linea aims to use its upcoming LINEA token as an…
In brief SharpLink Gaming plans to stake part of its $3.6 billion ETH holdings on Linea network for higher yields, moving beyond traditional custodians Anchorage and Coinbase. SEC and CFTC leaders announced they’re considering 24/7 trading markets to align with crypto’s always-on nature, marking another potential Trump administration change to financial markets. Bitcoin miners hit…
In brief SharpLink Gaming will explore staking part of its Ethereum holdings to the Linea network once it hits mainnet, as the firm looks to expand its yield-bearing opportunities. Joseph Chalom, co-CEO of SharpLink, told Decrypt that the treasury company is currently staking almost the entirety of its holdings through its custodians, but this is…
In brief The dollar index has dropped 11% this year, its sharpest fall since 1973. Gold is at record highs signaling U.S. institutions are hedging against inflation. A steepening yield curve for bonds points to higher long-term risks and potential support for Bitcoin. A weakening U.S. dollar, rising governance risks, and yield curve steepening are…
In brief The queue to become an Ethereum (ETH) validator, which allows you to stake the cryptocurrency, has reached the highest level since September 2023. Analysts think this may be partly due to the surge of investment in ETH treasury firms, which often engage in staking. Lower network fees on the blockchain were also highlighted…
In brief Alex Spiro, Elon Musk’s attorney, is leading a new digital asset treasury centered on Dogecoin. The treasury comes via a collaboration between the House of Doge and publicly traded firm, CleanCore. Shares in CleanCore finished down more than 50% on the day, while Dogecoin sits flat. The Dogecoin Foundation’s commercial arm—House of Doge—is…
In brief Metaplanet shareholders reportedly approved an $884 million overseas share sale, according to Reuters. The Tokyo meeting authorized preferred stock issuance potentially worth $3.8 billion, with Eric Trump attending as strategic adviser. The firm’s stock-dependent “flywheel” financing mechanism has “slowed” after both Metaplanet’s stock and Bitcoin slumped in price. Metaplanet Inc. shareholders reportedly approved…
