Galaxy targets institutional stablecoin yield with new DeFi vaults
The crypto financial services firm launched Galaxy Curator, a Morphobased platform that gives Fireblocks' 2,400 institutional clients access to onchain yield…
ARK pushes back against a16z’s ‘TradFi wants blockchain, not DeFi’ claim
ARK Invest’s director of research disputed a16z crypto’s thesis that traditional finance will adopt permissioned blockchain infrastructure instead of…
Rebooting the internet: inside the open-source project to let AI programs pay each other
The newlyconvened x402 Foundation is a neutral space where competitors and payment methods can work together to create an open standard for AI agentic…
Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady near $65,000
Blockchain investigator ZachXBT came down heavily on hardware wallets. BTC traded steady near $65,000 after South Korea's rate hike. Source：CoinDesk
Base’s social bet left it trailing in prediction markets and perps: Pollak
Base creator Jesse Pollak is stepping back from leadership of the Base App after admitting he was “definitively wrong” to bet on social experiences driving…
Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi
A hacker used Ostium's own pricereporting infrastructure against the protocol, submitting falsified futuredated oracle data to manufacture fake trading profits…
High-level White House meeting said to be planned to hash out Clarity Act ethics section
The most contentious piece of the crypto market structure bill is unresolved in the final weeks of Senate runway, and administration officials are expected to…
Is Robinhood Chain’s success bullish or bearish for ETH the asset?
Surging volumes on Robinhood Chain could be very good for Ethereum, but only if the “ETH is money” crowd turn out to be right. Source：Cointelegraph
Japan reclassifies crypto as a financial asset, paves way for tax cuts
Lawmakers said crypto has outgrown its role as a payment method and requires rules designed for investment products. Source：CoinDesk
Bitmine generated $46M from Ethereum staking last quarter
Ethereum staking generated 98% of Bitmine’s revenue last quarter as the company’s pivot from Bitcoin mining gained momentum following its March validator…
Three US senators oppose CLARITY Act on ethics grounds with vote expected soon
Senate Majority Leader John Thune reportedly said the chamber will consider a vote on the crypto market structure bill before Aug. 10, though it’s unclear…
Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure
BTC price action returned to $64,000 on low US CPI inflation but traders stayed wary of rejection at key resistance. Source：Cointelegraph