Category: crypto

The cryptocurrency industry faces a critical three-year period for widespread adoption if the Clarity Act does not pass the U.S. Senate, according to Bitwise Chief Investment Officer Matt Hougan. Failure to pass the bill would leave the industry vulnerable to future regulatory challenges, impacting growth and market expectations.

Bitwise has launched its first on-chain vault on the Morpho protocol, allowing investors to earn yield directly on the blockchain. The vault targets around 6% APY through stablecoin lending with active risk management. This move reflects growing institutional interest in transparent, on-chain yield products.

North Korean hackers are using deepfake video calls and compromised Telegram accounts to deliver malware targeting crypto professionals. They impersonate known contacts and convince victims to install malware by pretending to be friends with them. This tactic has already resulted in over $300 million in stolen funds.

Polymarket has signed a multi-year partnership with Major League Soccer to be its exclusive prediction market partner. The deal will offer new fan experiences and real-time sentiment around key moments in matches. The platform’s trading volume has increased, and it plans to expand into other sports and sectors, despite some regulatory challenges in the U.S.

Base’s Jesse Pollak rejects using Base funds to manipulate token prices, citing legal issues and a commitment to transparent, organic price discovery. He emphasizes fair incentives and community trust, addressing concerns about market manipulation and the need for stricter standards in the meme token market.

Animoca Brands Japan and RootstockLabs are collaborating to develop Bitcoin-native treasury tools for Japanese corporations. The initiative aims to provide on-chain financial infrastructure secured by Bitcoin’s proof-of-work, catering to the growing corporate interest in actively managing digital assets. This partnership aligns with Japanese companies’ focus on structured frameworks for handling cryptocurrency assets in compliance with…

Bloomberg’s McGlone warns of XRP breaking key support, leading to potential sharp declines. However, CryptoBull predicts a long consolidation period before a significant price increase. XRP’s price movements are closely watched amid a broader correction in the cryptocurrency market. The analyst predicts a bounce could lead to short-term recovery.

PUMP token surged 25% while Pump.fun and Solana Foundation face a class action lawsuit. Solidus Labs’ report claims Pump.fun and Raydium tokens exhibit pump-and-dump traits. Despite SOL price volatility, Solana’s on-chain metrics are strong. PUMP’s future depends on buybacks, revenue sharing, and platform reforms.

The market cap of ERC-20 stablecoins on Ethereum has dropped by $7 billion in a week, marking a significant decline in this market cycle. Darkfrost’s data shows a shift from growth to decline, suggesting investors may be leaving crypto entirely instead of rotating risk. This coincides with gains in metals and equities.

Ethereum co-founder Vitalik Buterin changes his stance on full verification, now supporting it due to advances in zero-knowledge proofs. He argues that users should have stronger guarantees and be able to verify the chain without replaying every transaction. This approach aims to address issues like censorship and validator concentration on the Ethereum network.