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Strategy loses its bitcoin premium as enterprise mNAV dips below 1
Strategy's STRC briefly fell to a record low of $71.40 on Friday, leaving the preferred shares about 25% below par.
Base suffers second mainnet stall in two days
Base block production resumed as of 16:11 UTC, following an alert to another mainnet chain stall at 15:33 UTC.
Tokenization firm Securitize eyes early July NYSE debut with $400 million SPAC deal
Seeking to debut next week, Securitize will receive roughly $400 million after retaining more than 70% of its SPAC tr…
DraftKings launches its own prediction markets exchange as consumer volume exceeds $3 billion
The company said its prediction markets vertical has generated approximately $3.4 billion in annualized consumer volume.
Spain says ‘no exceptions or extensions’ for Binance, other crypto firms ahead of MiCA deadline
Industry leaders remain divided over MiCA, with some praising the framework while others warn it could limit customer…
Base delays Beryl hard fork over B20 registry timing issue
Base delayed its Beryl mainnet upgrade to June 26 to give the B20 Activation Registry time to become fully operational.
Live markets: Bitcoin rebounds to nearly $60,000. Kospi, Nikkei sink
BTC sees a relief bounce as Asian stocks wilt following sharp losses on Wall Street.
Sharplink buys Ethereum for first time in 8 months, adding 5,000 ETH: onchain analyst
The buy came days after a group of former Ethereum Foundation researchers launched Ethlabs, a nonprofit Sharplink hel…
BitGo cuts 15% of staff to refocus on AI infrastructure and stablecoins
BitGo CEO says the firm will now focus on key areas, including security, trading, stablecoins, settlement, and AI-pow…
Ark Invest buys more Coinbase, Circle, Bullish, Robinhood shares amid stock declines
The same day, Wood noted that inflation is on its way down, pointing to rising productivity as a key disinflationary …
Aave founder Stani Kulechov says AAVE isn’t for sale ‘at a 70% discount’ following report of Payward bid
The Aave Will Win proposal redirected 100% of protocol and Aave-branded product revenue to the DAO and AAVE token hol…
Coinbase's Base blockchain resumes after two-hour outage disrupted network
The incident temporarily halted transaction processing on one of Ethereum's largest layer-2 networks.
Coinbase-incubated Base blockchain suffers ‘Unsafe Head Stall’ interrupting block production
Deposits and withdrawals have also been affected, while transactions are delayed or stalled, according to Base's stat…
Sophon sunsets its Layer 2 blockchain, moves to Base to build consumer apps
Sophon, which has raised $70 million in total funding, is shutting down its Layer 2 blockchain and moving to Base to …
Bitcoin rout leads Strategy’s STRC to slide 26% below par as MSTR shares hits 16-month low
For the past year, Strategy has been issuing and tapping preferred securities like STRC to raise capital for addition…
‘Stablecoin’ Google searches down 54% as supply growth stalls after 2025 boom
The decline in search volumes this month coincides with aggregate stablecoin supply having reversed its 10-month expa…
Half of UK wealth advisors say most clients’ crypto sits outside their oversight as 61% of European peers face firm restrictions: CoinShares
CoinShares survey found 52% of UK advisors report most clients' crypto exposure sits outside their oversight, with fi…
Kraken expands OTC lending through an onchain warehouse facility with Maple
Maple’s lenders will provide a revolving line of funding to supply USDC liquidity for Kraken's over-the-counter bor…
Live markets: Bitcoin, ether lead $1 billion liquidation losses as AI trade keeps going
A liquidation flush took bitcoin to its lowest since early June before Micron's blowout earnings and SK Hynix's U.S. …
Ripple launches RLUSD stablecoin in Japan after regulatory approval
Ripple's RLUSD stablecoin is available through SBI VC Trade for both institutional and retail users in the country.
Kalshi in talks to raise funds at $40 billion valuation: FT
Kalshi's reported valuation reflects the firm's rapid growth, as it reported a $5 billion valuation last October.
Bitcoin miners face deepening margin squeeze as revenue falls below production costs
An estimated 20% of miners are now unprofitable at current prices, and the stress shows up at the network level, too.
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with th…
Pump.fun offers up to $5 million salary for chief legal officer role
The position covers everything from SEC oversight to MiCA rules and U.K. regulations, and offers a salary between $1 …
Superstate co-founder raises $3.6 million pre-seed for Ground to help fintechs access onchain yield
Ground has raised $3.6 million in a pre-seed funding round co-led by Bain Capital Crypto and ParaFi as it emerges fro…
a16z CSX-backed Cambrian raises $6 million seed to build blockchain data oracle network
Cambrian, a startup building blockchain data infrastructure for institutions and AI agents, raised $6 million in a se…
Binance co-CEO remains ‘committed’ to securing EU license after exchange withdraws Greece bid
The world's largest crypto exchange only has one week to secure a license in legally operate in the European Union.
Kraken-incubated Ink upgrades to Optimism’s OP Enterprise Fully Managed in multi-year infrastructure deal
Optimism will run Ink's production infrastructure while the Ink Foundation focuses on ecosystem growth and new financ…
Black Lake, Nuva Labs tokenize $25 million in mortgage loans on Provenance in RWA push
Black Lake and Nuva Labs completed the onchain minting of $25 million in mortgage loans on Provenance Blockchain.
Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up
Trading firm Wintermute's options desk puts bitcoin in a $61,242 to $63,563 range for Tuesday, with correlation risin…