SPX6900 is a $640 million market cap memecoin with the quixotic goal of achieving a larger market cap than that of the S&P 500.

Monthly active addresses hit a record high of 220 million, noted a16z’s crypto research team.

GOAT, a memecoin popularized by an artificial intelligence agent named Terminal of Truths, is a reference to a pseudo-religion sparked by a conversation between two instances of the same Anthropic AI Model.

Grayscale Investments has filed to convert its $520 million Digital Large Cap Fund into an ETF.

Maker cofounder Rune Christensen proposed reinstating the Maker brand, using MKR as the DAO’s sole governance token.

Airdrop farmers drove a spike in total value locked ahead of Scroll’s snapshot and token airdrop, but the gains didn’t last.

A 2022 settlement with the CFTC requires Polymarket to block users in the U.S. from making trades, however.

Radiant Capital was exploited on Arbitrum and BSC after an attacker allegedly gained control of the protocol’s multisig wallet.

Vitalik Buterin has always been seen as the quiet genius behind Ethereum—focused, introspective, and more interested in solving complex problems than stirring up hype. But that appears to have changed recently.

Ethereum should feel like one ecosystem, not 34 different blockchains, said Vitalik Buterin.

Memecoin Supercycle, Uniswap’s Chain Gamble, & Kamala’s Crypto Play

Unichain could redistribute millions of dollars in value to Uniswap Labs and UNI token holders, claims The DeFi Report’s Michael Nadeau. Not everyone is convinced that liquidity on the layer 1 will migrate.

The SEC is planning to recommend action against the second-largest NFT marketplace for selling unregistered securities. 

This week in crypto: The rise of Pump.Fun’s revenue, California DMV’s blockchain initiative, BitClout founder charged, and more!

 ‘Song-A-Day’ Man artist Jonathan Mann and Law Professor Brian Frye have sued the SEC to help provide regulatory clarity for digital artists who use blockchain technology and NFTs.

CryptoPunks and Bored Ape Yacht Club are reaching multi-year lows in floor price amidst a broader NFT downturn. However, Milady Maker and Pudgy Penguins are exceptions to the ongoing trend.

The Vice President isn’t committed to replacing Gary Gensler, but Unchained has learned that her transition team is vetting two candidates.

A 2022 settlement with the CFTC requires Polymarket to block users in the U.S. from making trades, however.

The amount is a far cry from the $300 million the DeFi project is reportedly looking to raise in this initial sale, however. 

If the Federal Reserve and FDIC are imposing an undisclosed rule, they may be in breach of the Administrative Procedure Act. 

Argentina’s capital has introduced QuarkID, a blockchain-based identity system that enhances privacy and security using ZK technology.

The account began sharing what turned out to be phishing links on Friday morning before the breach was detected.

Valuing decentralized networks such as Bitcoin, Ethereum, and Solana is tricky. In this episode, Jon Charbonneau breaks down the key factors that determine the value of blockchain networks and how Layer 2s impact these valuations.

Unichain, intended to offer faster and cheaper transactions, unifies the experience cross chain and was made in collaboration with Flashbots, a firm known for its research in maximal extractable value.