Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)
In this week's Crypto Long & Short, Solstice Finance's David Plisek argues that most of the money lost in DeFi this spring wasn't taken by hackers but by yield…
Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facility
The warehouse facility gives Ethena another source of returns for the assets backing USDe while channeling onchain capital into overcollateralized…
Bitcoin stuck in a six-week range as global bond yields hit highest levels for decades
BTC volatility has dropped to multiyear lows as surging Treasury yields rattle equities and traders await the Fed's July meeting minutes for clues on the…
Solana leads bitcoin and ether higher while Korean chip stocks slide 7%
Bitcoin held near $64,000 and every major except BNB gained, while Korean semiconductor stocks fell more than 7% and Fed minutes are due at 2 p.m. ET.…
Why the Trump-backed crypto venture is distancing itself from Hong Kong AI aggregator WorldClaw
WLFI says the AI platform is independent and uses USD1 as a payment rail, but would not say whether it has equity, financing, revenuesharing or other economic…
Cash App's crypto support expands beyond bitcoin and USDC via MoonPay
Eligible Cash App users will be able to use their balances to purchase digital assets offered by MoonPay, which include ether, solana and stablecoin USDT.…
Ethereum’s next upgrade breaks the '21,000 gas' rule wallets rely on
Sending ETH to a brandnew address will cost more than sending to an existing one, and software built around a flat fee will get the sum wrong. Source：CoinDesk
Bitcoin pauses at $64,000 as rising yields, oil drag equities lower
BTC has dropped 0.6% since midnight UTC as Nasdaq 100 futures slip 1.1%, with the FOMC's July meeting minutes and a White House crypto summit both due…
Bitcoin scores a rare win over S&P 500 with 2.6% rise versus 0.5% fall
BTC outperformed Wall Street on Monday, breaking its recent pattern of lagging behind U.S. stocks. Source：CoinDesk
XRP slips below $1 even as a Korean regional bank adopts Ripple Payments
Jeonbuk Bank will use Ripple’s 24/7 crossborder payment service for business remittances, but it is unknown whether the flows will use XRP or Ripple’s RLUSD…
Monad, an Ethereum rival, offered early investors up to $60 million to cash out. Almost all said no
The program came three months before investor unlocks begin, with MON trading below its publicsale price and most of the token supply still outside…
U.S. Treasury Department proposes GENIUS Act stablecoin rule
The Treasury proposal would establish some of the core definitions and jurisdictions in the law Congress completed last year. Source：CoinDesk