Crypto entering biggest consolidation phase in history, says ARK analyst
ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers,…
Actress Elisha Cuthbert sells her West Hollywood home for $1.9 million after price cut
Hollywood actress Elisha Cuthbert has officially sold her lavish Los Angeles home for $1.93 million, days after the property was put back on the market with a…
SpaceX is a battleground Solana must win
Perps are a trojan horse to bring all of traditional finance onchain, argues Brian Smith, president of the Jito Foundation. Source:CoinDesk
South Korea plans stablecoin rules as opposition pushes crypto tax repeal
The FSC reportedly plans a governmentbacked digital asset bill covering stablecoins and exchanges, while opposition lawmakers seek to scrap a 22% crypto tax…
‘Picks and shovels’ trade comes unstuck as AI hardware stocks plunge on competitive threat from China
Asian stocks sold off sharply on Tuesday amid reports that China is now capable of manufacturing DUV lithography machines. Source:MarketWatch
Garden Finance disables app as Blockaid reports $450,000 exploit
Garden Finance said no user funds or smart contracts were affected after an attacker compromised an independent solver’s offchain database and inserted…
CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26
Despite support from Goldman Sachs, Fidelity and law enforcement bodies, the Clarity Act’s chances dim. BitMEX to close as crypto consolidates into five big…
World Foundation raises $52.5M in Pantera-led funding to expand World ID infrastructure
The organization sold locked WLD tokens to strategic investors as it seeks to grow its biometric identity network amid rising demand for human verification…
Pay raises keep shrinking. Here’s how much smaller they’ll be next year.
One solution is getting a different job — but that’s not so simple. Source:MarketWatch
‘I’m still confused’: I sold $80,000 in shares on June 30, so why didn’t I receive my dividend?
“To my surprise, the proceeds from the sale were credited to my moneymarket settlement fund.” Source:MarketWatch
As BitMEX exits, analysts warn crypto consolidation is accelerating
BitMEX’s shutdown marks the end of one of crypto’s earliest derivatives exchanges as analysts point to rising regulatory costs, market concentration and the…
Goldman Sachs CEO backs ‘not perfect’ CLARITY Act as vote expected soon
Goldman chief David Solomon will support the crypto market structure bill now in Congress, even as financial companies and banks are hesitant over provisions…