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Bitcoin layer-2s face a bear-market reality check
Botanix's shutdown has raised an uncomfortable question for Bitcoin builders: Does the market actually want programma…
FIFA wanted Avalanche's blockchain to help curb World Cup ticket scalping. Here's how it's going
In this week's edition of The Protocol Newsletter, we're looking at how FIFA is using the Avalanche blockchain to tes…
Polychain and Coinbase-backed Satori Finance DEX winds down citing ‘unfavorable market conditions’
Satori raised $10 million in a May 2022 seed round led by Polychain Capital with participation from Coinbase, Jump an…
EarnOS launches anti-AI slop app, raises $6 million from 1kx, Circle and Coinbase
Ero app is designed to help brands verify human internet traffic, reduce wastes caused by bots, and reward "authentic…
Stablecoin infrastructure firm Trace Finance raises $32 million Series A, says valuation grew 10x from seed
CoinFund led the round, with Coinbase Ventures, Haun Ventures, Jump Capital, Paxos, Chainlink Labs and others partici…
‘He had his day in court:’ Sens. Lummis and Gallego press Trump not to pardon former FTX CEO Sam Bankman-Fried
Sam Bankman-Fried was found guilty on all seven counts related to defrauding FTX customers, lenders, and investors.
A new Bittensor proposal would turn validators into something like fund managers
Root Reborn would have TAO validators pick which subnets to back and reinvest yield into, rather than constantly sell…
Wall Street is paying up for Bitcoin miners’ AI infrastructure before most of it is built
A megawatt leased to an AI tenant now commands a different price on Wall Street than a megawatt sitting in a Bitcoin …
Benchmark sees Coinbase moving past ‘cyclical crypto brokerage,’ reiterates $270 price target
Benchmark reiterated its Buy rating on Coinbase, citing an expansive product rollout pushing it beyond a "cyclical cr…
Zama, Morpho and Steakhouse launch first ‘confidential DeFi yield’ vault on Ethereum
Zama, Morpho and Steakhouse launch the first confidential DeFi yield vault on Ethereum, letting firms earn yield with…
Senate, House reach agreement on housing bill banning CBDC through 2030
US Senate and House leaders have jointly released an updated version of a housing legislation that includes a CBDC ban.
Live markets: A bitcoin bottom signal flashed as holders absorbed 125,000 BTC in June
Bitcoin's Sharpe ratio hit a level that has marked every cycle low since 2015, but in each case it preceded months of…
Bipartisan senators push Treasury to uphold states’ authorities under the GENIUS Act
A group of bipartisan senators pressed the Treasury Department to preserve states' ability to regulate stablecoins.
Coinbase unveils ‘System Update’ unlocking an AI advisor, global unified liquidity, options trading and more
Coinbase's latest System Update includes a new AI-powered advisor and global unified liquidity between its U.S. and i…
Pump.fun activity craters 80% in three months, dragging Solana fees lower as traders rotate into perps
The platform's fall from grace is best reflected in the PUMP token itself, which is down 40% in the last six months a…
Squid adds Ripple’s RLUSD stablecoin for cross-chain swaps
Cross-chain platform Squid has integrated Ripple's RLUSD stablecoin, allowing users to swap into and out of RLUSD acr…
Bitcoin DeFi demand concentrated in small-but-deep pockets, Rootstock exec says
DeFi liquidity is down, with total value locked dropping from roughly $180 billion to $70 billion in less than a year.
Coinbase launching tokenized US stocks, backed 1:1, with holders able to receive dividends
Both rivals like Robinhood and Kraken and traditional financial institutions have shown an interest in offering token…
MANTRA to be acquired by Inveniam, backer that invested $20 million last year
The deal comes after MANTRA’s token suffered a major collapse in 2025 and then the company announced a restructure …
Forward Solana treasury stock jumps 8% as smaller DATs reject acquisition bids
Solana DAT stocks are moving on Tuesday as the largest SOL DAT Forward works to keep its acquisition bids alive.
Ethereum’s biggest protocol overhaul in years moves into its final development stage
Developers are entering the final stretch of work on Glamsterdam, the network's next major upgrade, as teams begin te…
Binance may be forced to halt services for EU clients next month: Reuters
The reported setback comes just weeks before the EU's July 1 deadline for crypto firms to obtain MiCA authorization o…
State Street launches GENIUS-compliant money market fund for stablecoin issuers
SSCXX is a Rule 2a-7 government money market fund, a conservative type of fund that invests only in cash and yield-be…
Gate CrossEx: An Exchange-Native Answer to the Institutional Capital Fragmentation Problem
For sophisticated crypto desks, the bottleneck has rarely been finding liquidity, but rather moving capital fast enou…
Y Combinator reveals a new AI agent that can build and run an entire business just from a text message
Y Combinator's Locus Founder lets users text a business idea via iMessage, SMS, or Telegram, and the AI handles the r…
Ledn says bitcoin-backed lending market could reach $1 trillion as securitization attracts institutional capital
The company estimates it has a 30% share of the global consumer bitcoin-backed lending market, originating $1.4 billi…
Coinbase, AWS enable publishers on CloudFront and WAF to charge AI agents via x402 protocol
Coinbase and AWS are allowing publishers on CloudFront and WAF to charge AI agents for content via the x402 protocol.
India files charges against 8 defendants in alleged $20 million Coinbase spoofing scam
India's Directorate of Enforcement charged Chirag Tomar and associates over an alleged $20 million Coinbase spoofing …
IMF says Nigeria’s stablecoin adoption is ‘testing the limits’ of monetary and regulatory frameworks
The IMF said stablecoin adoption in Nigeria is testing monetary and regulatory frameworks, while warning of digital d…
Bitcoin miner IREN enters Europe with Nostrum acquisition as AI pivot accelerates
The acquisition adds about 490 megawatts of secured power in Spain as IREN expands beyond Bitcoin mining and builds i…