crypto

Solana Foundation launches framework for protocol-level governance

The Solana Foundation launched a framework for protocol-level governance, enabling validators with at least 100,000 delegated SOL to publish new proposals.

Cointelegraph

SBI Crypto shuts Bitcoin mining pool after 5-year run

SBI Crypto will shut down its Bitcoin mining pool on July 31 after more than five years, ranking 12th globally with about 2.2% of hashrate share.

Cointelegraph

Bitcoin zooms above $61,000 as inflation fears soften

Bitcoin rose more than 4% to trade above $61,000, its strongest level in over a week, after Fed Chair Kevin Warsh said inflation risks had eased. A 7.9% drop in South Korea's Kospi on renewed AI chip worries did little to dent the bid.

CoinDesk

Yield-bearing stablecoin slowdown ends 3-year run for crypto-native products

Yield-bearing stablecoin supply fell 15% in Q2 as sUSDe and sUSDS contracted, while Treasury-backed products including BUIDL, USYC and USDY continued to grow.

Cointelegraph

OFAC sanctions 134 ISIS-K crypto wallet addresses as Tether freezes funds

OFAC added 134 crypto wallet addresses linked to ISIS-K to its sanctions list, including 131 Tron addresses that received more than $1.4 million in crypto donations, according to Chainalysis.

Cointelegraph

ChatGPT developer OpenAI said to discuss offering U.S. government a 5% stake: FT

The proposal aims to give the American public a financial stake in AI while easing political scrutiny of the industry.

CoinDesk

Live markets: Bitcoin holds above $60,000 as yen jumps on intervention fears

CoinDesk

Taiko reopens bridge after $1.7M exploit, says users made whole

Taiko restored bridge transfers after replenishing asset backing and completing security fixes following an 11-day network disruption.

Cointelegraph

Metaplanet buys another $170 million of bitcoin expanding treasury to 43,000 BTC

The Japanese firm, now the world's third largest publicly traded bitcoin holder, reported stronger Bitcoin Income Generation revenue.

CoinDesk

Metaplanet buys 2,823 BTC, surpasses 43,000 in Bitcoin holdings

Metaplanet bought 2,823 Bitcoin during the second quarter, reducing its average acquisition cost to $106,500 per BTC, and reported $10.9 million in revenue from its income generation strategy.

Cointelegraph

Taiko fully restores cross-chain bridge just 10 days after a $1.7 million hack

The protocol completed a multi-stage recovery that included an independent security review. The TAIKO token has surged as much as 136% in recent trading.

CoinDesk

OpenAI weighs 5% stake for US government amid Trump talks: FT

OpenAI has reportedly discussed giving the US government a 5% equity stake in early Trump administration talks as Washington tightens AI model oversight.

Cointelegraph

Solana launches onchain governance and sets entry fee at 100,000 SOL staked

Validators and the people who stake with them can now formally signal where the network should go through a new system called Solana Governance Proposals. Any validator with 100,000 SOL behind it can open one, and stakers can overrule how their validator votes.

CoinDesk

XRP edges higher as whale activity rises while retail traders stay cautious

New wallet creation hit a three-month high and large-holder activity strengthened, but XRP still needs to reclaim $1.10 before the recovery looks convincing.

CoinDesk

Bitcoin's long-term holders have returned to accumulation

Long-term holding wallets have shifted to net accumulation from net distribution, according to Glassnode.

CoinDesk

Robinhood links with dYdX Labs to launch new DEX Arcus

The crypto protocol dYdX has rebranded as Arcus and is joining Robinhood’s new blockchain to bring perpetual and tokenized stock trading.

Cointelegraph

FBI Director Kash Patel caught sleeping on required disclosure of six-figure MSTR investment: Report

Patel loaded up on BTC-holder MSTR shares but failed to file a timely disclosure, according to a report by nonpartisan news outlet NOTUS.

CoinDesk

Ether, solana, dogecoin in the green after Warsh comments push bitcoin above $60,000

Bitcoin climbed back above $60,000 for the first time in over a week after Fed Chair Kevin Warsh said inflation risks had come down. Solana led the majors, up about 16% on the week, while a semiconductor selloff hit Asian markets and dented the AI trade that has pulled capital from crypto all quarter.

CoinDesk