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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.
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.
Immunefi says DeFi is ‘getting safer’ as exploit losses fall 74% from 2022 peak amid AI-driven security arms race
DeFi exploit losses fell 74% from the 2022 peak to $680 million in 2025, according to Immunefi, amid structural secur…
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 perpetual futures, starting with SpaceX
Coinbase has entered the pre-IPO perpetual futures market, starting with a SpaceX contract, offering up to 5x leverage.
Coinbase, SpaceX, Meta join DOJ anti-scam operation that froze $3.8 million in crypto
Private-sector firms joined the DOJ's "Disruption Week," freezing $3.8 million in crypto and disrupting 1.4 million s…
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…
Vitalik wants DeFi price crashes to stop triggering automatic liquidations
Vitalik Buterin is challenging one of DeFi's most familiar safety mechanisms: the automatic liquidation that closes a…
Kraken to offer tokenized US IPO access for global retail investors via xStocks
Expected in the coming weeks, customers of Kraken and select xStocks partners can register interest in U.S.-listed IP…
Ledger researchers find flaw in chip used by Trezor Safe 7; Trezor says user funds safe
Ledger's Donjon team found a laser-based hardware flaw in the TROPIC01 chip used in the Trezor Safe 7, but Trezor say…
Grayscale gets behind the hype, launching its HYPG Hyperliquid ETF on Nasdaq
Grayscale entered the ring with its own Hyperliquid linked ETF, setting a new low for fees as competition intensifies…
Binance winds down centralized NFT service, gives users one month to withdraw assets
Binance is closing its centralized NFT service on July 3, 2026, requiring users to withdraw transferable NFTs or lose…
Apparent Zcash outage was a block explorer problem, infrastructure providers say
One expert said the issue was mainly with block explorers tracking the onchain activity.
Trezor says your crypto is safe after Ledger audit exposes a hardware flaw
The flaw affects only one of the wallet's multiple security layers and would require physical access, specialized equ…
Bitcoin’s compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder
Ala Shaabana explains how using Bitcoin network’s coordinate-and-reward playbook can bust open corporate monopolies…
Crypto derivatives activity slumps to late-2023 levels, but US perp market opportunity emerges
The composition of that volume remains heavily concentrated among a handful of exchanges, with Binance maintaining it…
Coinbase invests in Ethena via open market purchase of ENA, flags new partnership
Ethena said the two companies have also become partners "to grow onchain finance and savings products."
Here's how one decentralized cloud provider says private citizens can make money from AI
Titan Network says its crowdsourced computing network has signed tech giants like Tencent and Alibaba as clients, sav…
Backpack launches securities platform blending traditional and tokenized stock trading
Backpack Securities combines a U.S.-regulated brokerage for traditional equities ownership with a tokenization platform.
Movement pivots to stablecoin payments as the layer-2 boom loses momentum
The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to…
Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham
Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.
Robinhood closes $180 million WonderFi acquisition, entering Canadian crypto market
Users of WonderFi's crypto platforms Bitbuy and Coinsquare will be invited to continue on the Robinhood app.
Unable to recover from roughly $50 million hack, Radiant Capital is winding down
Radiant Capital said it hasn't been able to recover a meaningful amount of funds or raise new capital since the 2024 …
Ethereum's Vitalik Buterin is rethinking how DeFi handles market crashes
In a research post published Monday, Buterin proposed creating index-tracking assets using options contracts rather t…
Binance adds over 7,000 US stocks and ETFs for traders outside the United States amid super app push
Binance launched U.S. stock and ETF trading for non-U.S. users and has plans for tokenized equities on BNB Chain.
‘Gnosis will cover all user losses’ amid exploit related to Gnosis Pay, co-founder Koppelmann says
Gnosis co-founder Martin Koppelmann said all user losses will be covered as containment efforts continue following an…
Whitehat developer unlocks $2 million stuck in a 2016 Ethereum ICO contract for nine years
0xflorent, a security researcher, found an integer-overflow flaw in the HongCoin token sale contract that lets the te…