Unchained

This week in crypto: Metaplanet eyes banking with Bitcoin, CoreWeave’s $9B AI merger shakes up mining, and Circle expands USDC deals.

Why is a Solana-first wallet launching perps on Hyperliquid, and what does that say about crypto UX?

Crypto companies are rushing to raise money via PIPEs, and retail investors may be the ones left holding the bag. Steven Ehrlich explains how dilution, low float, and investor panic could send prices crashing.

The registration comes on the same day that the firm closed a $250 million private round. The crash could indicate investor angst over more dilution.

In this double-header, Phantom’s cofounder explains why it launched perps powered by Hyperliquid. Plus, a Bitcoin miner explains why they sold 280 BTC to go all-in on Ethereum.

Robinhood is rebuilding its core product on crypto rails. And Polymarket may have just fumbled a $59 million bet on what counts as a “suit.”

DeFi Development Corp. boosted its Solana stash to nearly $100 million, doubling down on a long-term staking and validator strategy.

Is Lido’s new governance system the breakthrough that makes staking safe for institutions?

In this double-header, Phantom’s cofounder explains why it launched perps powered by Hyperliquid. Plus, a Bitcoin miner explains why they sold 280 BTC to go all-in on Ethereum.

The registration comes on the same day that the firm closed a $250 million private round. The crash could indicate investor angst over more dilution.

Two Ethereum genesis wallets from 2015 quietly moved nearly $3 million in ETH, breaking a decade of dormancy as whale activity picks up.

Vitalik Buterin proposed a gas cap of 16.77 million per transaction to curb DoS risks and improve Ethereum’s efficiency.

Bybit happened to publish a proof of reserves the day before the $1.5 billion hack by North Korea. But the incomplete snapshot of the exchange’s finances lays bare why they don’t serve customers when disaster strikes.

Buterin’s acquisition and use of a Miladys NFT on his social media accounts X and Farcaster comes at a time when the Ethereum community has expressed a number of concerns about the network’s trajectory and leadership.

From the groundbreaking success of the ETFs to Solana’s dominance and the Trump effect on Bitcoin, we look back at the stories and voices that defined 2024.

PENGU, the new token for Pudgy Penguins that rolled out on Solana, has a fully diluted valuation of $2.6 billion, making it the sixth largest memecoin.

Researchers uncovered a stealth backdoor in thousands of smart contracts that exposed $10 million to theft, prompting an urgent rescue effort possibly tied to Lazarus Group.

Florida opened an investigation into Robinhood Crypto, accusing it of misleading users with claims about trading costs that may mask hidden fees.

A $40 million exploit on GMX’s V1 platform forced a trading halt after a flaw in its liquidity pool was used to mint tokens without backing.

A judge signaled she’ll block Tornado Cash sanctions from being used against Roman Storm at trial, though ties to North Korea will remain fair game.

Polygon will activate its biggest hard fork yet with Heimdall v2, slashing finality times and overhauling its core consensus system.

Phantom wallet is rolling out built-in perp trading via Hyperliquid, offering up to 40x leverage without needing to leave the app.

Jack Dorsey is trialing Bitchat, an offline, encrypted messaging app built on a Bluetooth mesh network for decentralized communication.

Robinhood is building a custom Arbitrum-based L2 to power tokenized stocks and 24/7 trading, sending its shares to all-time highs.