Markets
FARTCOIN, AI16Z, and ZEREBRO have a combined market cap of nearly $4.5 billion, making up roughly 40% of the entire category of tokens seated at the crossroads of artificial intelligence and memes.
Business
While people in the crypto ecosystem have witnessed an extraordinary amount of wealth creation, those same people have lost money in a number of ways.
Burning tokens involves permanently taking a portion of the cryptocurrency’s supply out of circulation, which makes the token scarcer.
Regulation
Trump continues to surprise industry policy experts by appointing new faces.
DeFi
After a security researcher warns that crypto trading platform Hyperliquid faces an elevated risk of getting targeted by North Korean hackers, users of prediction-betting site Polymarket spin up their own wagers on the likelihood.
Moreno unseated Democrat Sherrod Brown, who drew the crypto industry’s ire for focusing on crime and scams, as Ohio Senator.
Bitcoin
The first cryptocurrency is roughly 10% away from its all-time high of roughly $108,000 set on Tuesday.
The 12 spot BTC ETFs trading in the U.S. have had 15 consecutive days of positive flows, while the figure for the nine spot ETH ETFs currently stands at 18 days.
Tech
The newly rolled-out blockchain has a fee monetization feature that rewards developers up to 90% of network fees generated from their application.
Polygon’s governance proposal on bridged asset yield is unlikely to move forward due to community backlash, while Polygon criticized Aave’s leadership for monopolistic behavior and undermining innovation.
