Category: crypto

The Solana Policy Institute has pledged $500,000 to support the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. The developers created an Ethereum-based privacy protocol allowing anonymous crypto transactions. Courts held them liable for illicit activities. The crypto community argues developers should not be held responsible for third-party activity. Industry experts warn…

A publicly listed real estate firm, CaliberCos, has become the first corporate treasury vehicle to hold Chainlink (LINK) as a reserve asset. Despite financial struggles and a delisting notice from Nasdaq, the company plans to stake the tokens and integrate Chainlink’s blockchain technology into core operations. Shares surged after the announcement, highlighting the potential benefits…

The top 10 highest-grossing crypto protocols earned $1.2 billion in revenue in August, with Ethena leading with a 243% increase to $32.48 million. Tether and Circle were top stablecoin earners, while Hyperliquid and Sky Protocol also saw significant growth. Axiom was the only protocol to experience a revenue decline.

Argentina’s opposition parties have restarted an investigation into President Javier Milei’s involvement in the LIBRA scandal following new corruption allegations. Leaked recordings implicated Milei and his sister in a bribery scheme, sparking public outrage. The investigation aims to determine if insider trading occurred and could impact Milei’s political future.

Binance resumed futures trading on August 29 after a temporary suspension related to USD-margined contracts. The issue was resolved within 24 minutes, with the company confirming that all futures trading was fully operational. The cause of the problem was not disclosed, but the focus was on Futures UM contracts. Trading on other stacks was not…

In the second quarter of 2025, Solana blockchain saw a 44.2% decrease in application revenue, dropping from $1 billion in Q1 to $576.4 million in Q2. Despite this, the DeFi sector saw a 30.4% increase in total value locked (TVL) to $8.6 billion, making Solana the second-largest DeFi network after Ethereum. Leading contributors to Solana’s…

Borrowing activity in crypto markets surged in Q2 of 2025, reaching a record $26.47 billion in DeFi loans. Total crypto collateralized loans hit $44.25 billion, with Tether dominating the CeFi lending market. Rising crypto prices and demand for leverage are driving the increase, with Tether maintaining its sector leadership.

On August 28, U.S. spot Bitcoin ETFs purchased 1,620 BTC, significantly more than the 450 BTC generated daily by miners. This marked the fourth consecutive day of positive net inflows totaling $178.9 million. Protocol changes in 2024 fixed the supply side, with demand measured by coins purchased by ETF vehicles.

The stablecoin supply has reached $280 billion following the GENIUS Act in the US. The market is now questioning if it can grow to $500 billion by 2026. The Treasury has opened a public comment window for rule development. X plans to launch X Money with Visa. DeFiLlama data shows growth in stablecoin market cap.…

The Tron blockchain is set to reduce fees by 60% following a community vote by Super Representatives. This change aims to lower transaction costs and increase on-chain activity. Despite an initial revenue decline, it is expected to attract more users and drive adoption. Tron remains one of the busiest ecosystems in the industry.