Bitcoin, Ethereum, altcoin, DeFi, and exchange coverage — prices, moves, and what drove them.
259 articles
Aaron Schnarch, once Coinbase Custody's chief, is running the Foundation, and the DAO has locked the remaining $38 million behind institutional-partner signings and V4 delivery.
The DAO can still veto through a Security Council, but a 3-of-5 Foundation multisig is now the only party that can propose spends from the treasury.
The Continuous Clearing Auction contracts landed on Avalanche on Tuesday, extending a system that has already cleared Aztec at $59 million and priced Cap Labs at a $106 million FDV.
Open interest on Hyperliquid's tokenised-equity and commodity markets crossed $4 billion for the first time last week. Grayscale has put the CME market-maker threshold at $5 billion.
The proposal ends stkSEAM staking, distributes the treasury to SEAM holders and leaves the Base lending contracts in a withdrawal-only state that no admin can touch.
Roughly $14.56 billion has left USDT and USDC since mid-May, most of it in June. The GENIUS Act's yield ban is finally showing up in the supply data.
The V3 deployments listed for wind-down (Sonic, Scroll, zkSync, Metis, Soneium and Aptos) each earn Aave under $5,000 a quarter, and the same governance recommendation would erase $98.1 million of supplied assets from the books.
Proposal 100 takes roughly one-sixth of every swap fee and routes it into UNI burns. Liquidity providers keep their yields intact.
SEC Commissioner Hester Peirce says onchain vaults may fall inside US securities law. Europe wrote that answer a year ago: curators making allocation calls over pooled deposits are asset managers, and MiCA already says so.
Attackers hit three cross-chain systems in a six-hour window. AFX Trade lost $24 million from a compromised USDC custody bridge; Verus and B² Network gave up another $11.4 million between them.
The attacker held a registered price-feed forwarder and pushed future-dated reports through the vault. Roughly 10,540 ETH has since gone through Tornado Cash.
The first institutional round Crypto.com has taken in ten years, and the cash is earmarked for tokenised securities and derivatives, the parts of the exchange most exposed to Wall Street's arrival.
Risk Labs' relayer absorbed Friday's loss, sparing user deposits and keeping the intent-based architecture's central promise intact after nearly five years and $34 billion of bridge volume.
BonkDAO's treasury was drained of about $20 million in BONK tokens on Monday after an attacker spent roughly $4.4 million assembling the exact stake needed to force a governance proposal through a vote nobody else showed up for. Every step was a valid onchain transaction.
The DeFi yield aggregator Summer.fi lost about $6 million in DAI after an attacker used a $65 million USDC flash loan to distort the accounting of its Lazy Summer Vault, briefly pushing the displayed APY above two million per cent.
Aave V3 crossed $100 million on Monad within 48 hours of its 2 July deployment, powered by a $15 million incentive commitment from the Monad Foundation and a treasury acquisition of 10 million GHO — the sort of anchor tenancy new Layer-1s used to have to fight for.
Strategy disclosed the sale of 3,588 BTC across two tranches to fund dividends on its Digital Credit securities, marking its largest bitcoin disposal since the 2022 tax-loss transaction and confirming the shift from pure accumulation to selective monetisation.
Vitalik Buterin's Lean Ethereum roadmap commits the network to a three-to-four-year rebuild spanning seven hard forks — replacing the EVM, elevating quantum resistance to an immediate requirement, and building shielded transfers into the base layer rather than the application layer.
A five-person team of former Ethereum Foundation researchers stood up EthLabs on Wednesday, backed by roughly $11.3 billion in ETH held by Bitmine Immersion Technologies and SharpLink Gaming. The new nonprofit will compete with the Foundation for talent and research direction — and the funders have said so publicly.
Aave saw its strongest single day of Ethereum wallet creation in nearly five years on Tuesday, adding 1,806 addresses even as bitcoin closed under $60,000 and the fear-and-greed index sat at 13. The trigger is a mix of the V4 rollout, Smart Value Recapture revenue, and a Standard Chartered price note that circulated for a week.
