Regulation
Nearly a decade of digital asset experience has given the CFTC staff a deep understanding of the digital asset market, said the agency’s chairman Rostin Benham.
DeFi
ARB token holders signaled almost unanimous support in diversifying part of the DAO’s multi-billion dollar treasury into real-world assets.
Solana
BONK and WIF, which have a combined market cap of nearly $3.4 billion, make up roughly 7.6% of the entire market cap of all memecoins.
Jump Crypto’s Firedancer achieved a key milestone on the testnet. The high-performance Solana validator client has been in the works since 2022.
Tech
In the first stage, stakers are expected to run a full node, interact with the staking smart contracts, and follow StarkWare’s proposed rules to stake, while later stages will require additional validating software for sequencing and proving activities that secure the network.
The Aave Chan Initiative’s Marc Zeller claims that “creative accounting” by MakerDAO puts the actual revenue share from Spark Lend much closer to 1% of profit, as opposed to the agreed upon 10%.
Lido DAO voted to fund Dolphin CL, LLC to engage legal counsel, which is expected to be Brown Rudnick’s Stephen Palley, in addressing a class-action complaint that alleges LDO is an unregistered security. Meanwhile, SEC claims stETH is also an unregistered security
Business
BlackRock’s tokenized treasury fund is the first of its kind to reach the $500 million market cap milestone.
Ethereum
The crowd-sourced security audit competition will reward security researchers for identifying vulnerabilities in Ethereum’s code.
According to blockchain analytics firm Nansen, Crypto.com has a total onchain portfolio of nearly $6 billion, with memecoins including SHIB, PEPE, FLOKI, LADYS, and MOG making up more than 15% of the exchange’s token reserves held for customers.
