Ethereum
A lawyer for one of the prospective issuers said that the approval process for a spot Ethereum ETF was “down to the finishing touches.”
Bitcoin
Wallets tied to the US government sent 3,940 BTC worth $241 million to Coinbase Prime.
Tech
The TON blockchain’s TVL has skyrocketed to $671.43 million since January 1st, reflecting an increase of over 4,600%.
Showing growth in key metrics such as TVL, transaction volume, and new wallets, NEAR also has three applications that are responsible for 72% of its total value locked.
The solution to Ethereum’s validators slashing penalties could lie in cross-validation, according to a proposal from core developer Péter Szilágyi.
More onchain activity means more ether gas spent and a higher asset price, says VanEck’s head of digital assets research Matthew Sigel.
The largest cryptocurrency by market cap has dropped about nearly 9% from around $67,700 at the start of June to roughly $61,700 at presstime.
DeFi
The allocation from Blast, the layer 2 with an airdrop scheduled on Wednesday, to Blur is currently valued at $90 million. Both protocols were founded by Tieshun ‘Pacman’ Roquerre.
Even though some industry leaders say that the airdrop meta is over, there’s clearly still a lot of interest.
Fears over Mt. Gox disbursements, significant outflows from spot ETFs and miner selling sent the price of bitcoin lower.
