Ethereum
Coinbase’s Ethereum Layer 2 solution achieved a major milestone, reaching over 1 million daily active addresses this weekend, more than all other major Layer 2 networks combined.
Bitcoin
Before the current increase in redemptions, crypto users did not redeem any WBTC in the 14 days before BitGo’s revealing operational changes to WBTC.
DeFi
Despite — or perhaps because of — the controversy surrounding the TRON founder, SunPump has already garnered early success, helping boost TRX to a multi-year high in price.
Trump’s ascension would be good for bitcoin and certain crypto stocks, but much less is known about Harris’ stance on crypto.
Business
Instead, Cindy Leow says its Bullish on Everything (BET) predictions market is trying to take advantage of a Solana-native audience.
Historically, increases in bitcoin OTC desk balances have been associated with declines in price, said a CryptoQuant analyst.
BlackRock is the first spot ether ETF issuer to cross the $1 billion mark in net inflows. However, the broader Ethereum ETF landscape faces challenges, with substantial outflows, particularly from Grayscale’s ETHE.
The company behind Story has now raised $140 million in total; no valuation details were disclosed.
Regulation
Binance and its former CEO Changpeng Zhao have been accused of negligent compliance practices that enabled money laundering by users of the platform.
Onchain analytics firm EigenPhi found that the infamous MEV attacker ‘Jaredfromsubway.eth’ could be deploying a new bot with more advanced tricks.