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Tom Lee’s Bitmine buys $41 million worth of ETH, continuing aggressive treasury expansion: onchain data
The firm continues to buy ETH at an accelerated pace despite a reported paper loss of nearly $10 billion on its holdi…
Bitcoin takes back seat to stablecoins and tokenization among financial advisors: Bitwise CIO
Bitwise CIO Matt Hougan said financial advisors are now showing more interest in stablecoins and tokenization than bi…
Solana infrastructure firm Helius acquires Light Protocol to expand onchain privacy
The acquisition comes amid a moment of consolidation in the crypto industry and during a resurgent interest in onchai…
Privacy returns to focus as Ethereum developers explore new token standards
In this week's edition of The Protocol Newsletter, we're looking at where privacy is headed in the Ethereum ecosystem.
CryptoQuant sees bitcoin bottom near $53,600 while demand remains ‘deeply unfavorable’
CryptoQuant sees bitcoin bottom near $53,600, its current realized price and a level that has historically marked bea…
Mastercard unveils Agent Pay for Machines to support autonomous AI transactions, including stablecoins
Mastercard's Agent Pay for Machines infrastructure will support high-volume, low-value payments by autonomous AI agents.
Ethereum could become a fully zero-knowledge proof-based protocol in 3 to 5 years, Joe Lubin says
Ethereum needs infinite capacity to meet the infinite demands of being a World Computer, making L2s necessary, Joe Lu…
MegaETH-based MNX raises $6.4 million pre-seed at $40 million valuation to build AI-focused futures exchange
MNX, a decentralized futures exchange focused on the AI economy, has raised $6.4 million in a pre-seed funding round.
Ripple launches toolkit for agentic payments on XRPL
A growing number of companies, including Ripple, want to create payment rails which would AI agents to execute transa…
Pyth launches 24/7 proprietary indices for US equities, oil and metals
Pyth is aggregating data from onchain and offchain sources to provide continuous price discovery for major equities a…
World Series of Poker adds Solana payments for tournament buy-ins
The move marks an integration of blockchain-based payments into a major live sporting and gaming event.
A 'Bitcoin DeFi' project just shut down with a brutal post-mortem: Users just didn't care
"It did not work," Botanix said. "At lest not in this market and not in this timeline."
More than 50% of bitcoin supply is underwater; prior bottoms followed within weeks, often after a final leg lower: K33
Over half of bitcoin's circulating supply is now trading at a loss, a level typically only reached near major bear ma…
Crypto’s killer app may be selling stocks after its own tokens failed retail
A Delphi Consulting analysis of 652 CEX listings from January 2025 onward found that a user buying every new token ac…
Trump family’s $2.3B crypto windfall matched by $2.25B in investor losses, Reuters finds
President Donald Trump’s family has turned crypto into one of the most lucrative businesses tied to its name, outpa…
Backpack US appoints former SEC Acting Chairman Piwowar to board amid push for crypto perps
Michael S. Piwowar was appointed by President Barack Obama and served as an SEC commissioner from 2013 to 2018.
Live updates: bitcoin drifts back to $62,500, putting damper on hope for two straight up days
Crypto prices rose on Monday following last week's crash, but the bears still appear to be in control.
Morpho raises $175M in round co-led by Paradigm, a16z crypto and Ribbit Capital to build ‘open credit network’
Morpho plans to build an open blockchain-based credit network to connect decentralized finance, Wall Street, and glob…
Humanity's $36 million exploit tied to compromised laptop hosting a 'multisig' wallet
The compromised laptop held enough multisig keys to take over the project's bridges on two chains, a basic security f…
Starknet rolls out ZK privacy layer for ERC20 balances and transfers
STRK20 went live on Starknet, bringing private ERC20 transfers and balances with targeted disclosure mechanisms for r…
Japan’s SBI Shinsei Bank plans crypto rewards program for depositors this fall: Nikkei
The program is set to grant customers vouchers worth 20% of their deposit interest payments, redeemable for cryptocur…
US Bitcoin ETFs log further outflows, though analyst sees signs of easing selling pressure
An analyst predicted that selling pressure in Bitcoin ETFs is starting to ease, pointing out that four funds saw net …
Zcash finalizes Ironwood upgrade plan, targets July activation
The Ironwood upgrade would introduce a new shielded pool and ensure the circulating ZEC supply remains bounded.
Humanity Protocol token crashes more than 80% after a $32 million private-key hack
The decentralized identity project said attackers compromised the keys of a foundation member and are dumping the sto…
Crypto has ‘limited utility’ in solving AI’s trust and payment issues, IC3 researchers say
The academic researchers attempt to debunk idea that giving AI agents access to crypto wallets has the ability to mak…
FTX token (FTT) spikes 50% as Sam Bankman-Fried seeks Donald Trump’s pardon
Sam Bankman-Fried (SBF), the disgraced founder of the bankrupt FTX exchange, is serving a quarter-century in federal …
Citrini says Hyperliquid’s legitimate cash flow, token buyback strategy make for ‘compelling’ investment
"By some measures, Hyperliquid repurchases have accounted for nearly half of all token-buyback activity across" crypt…
Coinbase strategist says institutions aren’t panicking about bitcoin, ‘love it even more’ at lower prices
Family offices and sovereign wealth funds continue accumulating bitcoin despite the recent selloff, according to Coin…
Former FTX CEO Sam Bankman-Fried officially files for a presidential pardon from Trump
Sam Bankman-Fried is pressing ahead with his bid for a presidential pardon, even after President Trump said he has no…
Congress is weighing whether crypto tax relief should stop at stablecoins
A June 9 Ways and Means hearing pushes crypto policy into the tax code, where small payments, stablecoin use, network…