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Pi Network Completes Protocol 24 Upgrade, Sets June 18 Deadline for Next Migration
Pi Network announced the successful completion of its Protocol 24 upgrade, describing the transition as one of the m…
a16z Expands HYPE Position as Unrealized Gains Reach $131 Million
An entity linked to venture capital firm a16z has continued accumulating HYPE, withdrawing 224,118 tokens worth appr…
Bitcoin in danger of dropping to $60,000, with Zcash bulls turning their backs on ZEC
AI bets are recording rapid profit-taking as Broadcom as outlook for AI-chip sales fell short of high expectations, d…
Whale Bitcoin Transfers to Binance Surge as Market Selloff Deepens
Bitcoin’s June decline has intensified, with the asset down 14% for the month as large holders increase transfers …
South Korea Opens First Probe Into Polymarket Users Over Illegal Betting
South Korean police have launched their first investigation into local users of Polymarket, the world’s largest pr…
JPMorgan, Citi-backed consortium plans to launch tokenized deposit network in early 2027: WSJ
The initiative would enable tokenized deposits to move instantly and support around-the-clock settlement, the Wall St…
Why Ethereum Price is Down?
Ethereum’s price continued to decline even as staking demand remained strong. More than 3.1 million ETH, worth abo…
Arthur Hayes Exits Zcash After Orchard Exploit
Crypto investor Arthur Hayes said he sold his entire Zcash position following disclosure of the Orchard Pool vulnera…
Strategy’s Bitcoin Losses Surpass Bitmine’s Ethereum Drawdown
Data shared by Degen News shows that Michael Saylor’s Strategy now holds larger unrealized losses on its Bitcoin p…
Charles Hoskinson Rejects Exit Rumors as Cardano Faces Funding Challenges
Cardano co-founder Charles Hoskinson denied rumors that he is leaving the project, stating during a June 4 X Space t…
Anthropic Says Claude Now Writes Most of Its Production Code
Anthropic says Claude now generates more than 80% of the code merged into production, up from single-digit percentag…
Zcash Fixes Critical Bug That Could Have Created Unlimited Fake ZEC
Zcash founder Zooko Wilcox said a critical vulnerability in the Orchard shielded pool was discovered on May 29 and f…
Ether.fi allocates $100 million to a Plume RWA vault, giving users access to yield
The allocation comes from a mix of ether.fi's liquidity provider base and managed capital from its existing liquid va…
Chainalysis says ‘top-tier’ gray market peptide vendors turn to bitcoin and stablecoins
“To scale, the gray-market peptide trade adopted cryptocurrency as its backbone,” Chainalysis said in a report.
Why tokenization is an ETF-style market structure revolution
The current tokenization dialogue and pattern resemble ETFs’ early days, which ultimately transformed into a $10+ t…
Not all Ethereum layer 2s are dying, but many general-purpose chains no longer have a reason to exist
In this week's edition of The Protocol Newsletter, we're looking at the state of the Ethereum layer-2 ecosystem.
Crypto Stocks Slide as Bitcoin Approaches Four-Month Low
Crypto-related stocks declined as Bitcoin neared its lowest level in almost four months, reflecting broader weakness…
Coinbase and Better fund first bitcoin-backed mortgage, plan nationwide rollout soon
Coinbase and Better have funded the first Fannie Mae-backed mortgage using bitcoin as collateral, with a nationwide r…
Coinbase Launches Pre-IPO Perpetuals With SpaceX
Coinbase has launched Pre-IPO perpetual futures, giving eligible non-U.S. users a new way to trade private company v…
Coinbase launches pre-IPO perpetual futures, starting with SpaceX
Coinbase has entered the pre-IPO perpetual futures market, starting with a SpaceX contract, offering up to 5x leverage.
Lummis Slams Dimon Over CLARITY Act Critique
Sen. Cynthia Lummis pushed back against JPMorgan CEO Jamie Dimon’s criticism of the CLARITY Act, saying his concer…
Goldman Sachs teams with Apex, Archax for tokenized real estate fund
The fund combines blockchain native issuance with established fund structures.
Tom Lee's Bitmine to offer preferred stock with 9.5% dividend, seeking to raise $300 million
The largest Ethereum treasury firm is taking a page from Michael Saylor's Strategy to issue preferred shares to tap n…
Bitmine's Ethereum bet nears $9 billion loss as ether falls below $1,800
Shares of Tom Lee's Ethereum treasury firm hit their lowest level since the company's crypto pivot as ETH revisits th…
Ethereum’s Multi-Year Support Test Could Shape Its Next Big Move
Ethereum is currently trading at a pivotal zone where long-term support and emerging bullish momentum are converging.…
Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole
For traditional US banks, the CLARITY Act was intended as a firewall that effectively barred crypto companies from of…
EdgeX offers refunds and launches 200,000 USDC bounty after 71% token flash crash
EdgeX says that 174 addresses flooded a PancakeSwap pool with EDGE token sell orders during a period of low liquidity.
Hyperliquid hits record share of global perps market as HIP-3 tops $62 billion monthly volume
Despite the bullish sentiment on HIP-3, Hyperliquid's pure crypto volumes are down significantly year over year.
Mt. Gox-linked wallets moved 10,422 BTC, worth roughly $739 million as BTC price slides
Mt. Gox moved more than $700 million worth of Bitcoin while the market was already under stress, giving traders a fam…
Solayer rolls out Solana-native onchain perps trading platform Margin Trade mainnet
Margin Trade enables trading of crypto, commodities, and equities via a single margin account on Solana, tapping the …