Nearly all early backers of Ethereum rival Monad declined a discounted cash-out option ahead of token unlocks. The Monad Foundation offered up to $60 million to repurchase locked MON tokens from early investors at a discount, but most declined. The program aimed to provide
Developers must update tools relying on hardcoded gas limits ahead of Ethereum’s Glamsterdam upgrade to avoid disruptions. The Ethereum Foundation has warned that wallets, indexers, and gas estimators may fail due to gas-model changes in the upcoming Glamsterdam upgrade. T
Bitcoin rises over 1% to $64,000 while ether, XRP, and other large tokens post losses amid shifting miner strategies. Bitcoin climbed above $64,000, gaining over 1% on the day, as most other major cryptocurrencies slipped or remained flat. The move marks bitcoin as the sol
Prosecutors allege Edward Zimbardi misused $165 million in investor funds, losing $34 million on trades and spending $10 million personally. Federal prosecutors charged Edward Zimbardi with fraud and money laundering after he was deported from Fiji. Authorities allege he r
Quant firm Jane Street reports $1 billion in U.S. spot Bitcoin ETF holdings, with $828 million in BlackRock’s IBIT fund. Quantitative trading firm Jane Street disclosed holdings of over $1 billion in U.S. spot Bitcoin ETFs as of June 30. The largest position, valued at app
Robinhood CEO says the firm’s blockchain reached 100 million transactions and $10 billion in volume within weeks of launch. Robinhood’s blockchain has become the fastest to reach 100 million transactions, surpassing all other chains, according to the company’s CEO. Vlad Te
The protocol unveils its largest development program to date, targeting onchain credit for financial institutions. Compound Foundation announced a $52 million DAO-approved program to expand institutional decentralized finance (DeFi) adoption. The initiative marks the proto
World Liberty Financial receives regulatory approval to issue dollar-backed stablecoins and custody digital assets amid political scrutiny. The US Office of the Comptroller of the Currency (OCC) granted conditional approval for World Liberty Financial to operate as a natio
New regulations require stablecoin issuers to obtain federal or state licenses by January 2027 and restrict platform sales by mid-2028. The U.S. Treasury proposed rules Monday outlining who can legally issue or sell stablecoins in the U.S. under the GENIUS Act. Issuers mus
Bitcoin rises 2.4% to $64.3K, approaching a potential breakout from a six-week symmetrical triangle formation. Bitcoin climbed 2.4% to $64.3K on Monday, reaching the upper boundary of a six-week symmetrical triangle pattern. The move signals growing momentum as traders wat
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