Latest

Blockchains
Arbitrum Foundation Seeks $45M Funding as Delegates Question Spending Above DAO Revenue
The Foundation wants $16M in stablecoins, 1,740 ETH and 230M ARB for another year of operations. As a first vote opens, delegates and analysts say the request outpaces what the network earns and lacks performance milestones.

Blockchains
Sui Restarts After Back-to-Back Mainnet Halts Tied to Software Bug
The Layer 1 blockchain blamed two stoppages in as many days on its 1.72 upgrade and said validators have now deployed a permanent fix. SUI slid about 15% in the past seven days.

Regulation & Politics
CFTC Approves First US-Regulated Bitcoin Perpetual Futures
The agency approved Kalshi's BTCPERP contract, the first bitcoin perpetual on a registered U.S. exchange, and in a separate action cleared Coinbase to route customers to its offshore Deribit affiliate. Together the moves open an onshore path for a product long pushed abroad and raise the competitive stakes for dominant venues such as Hyperliquid.

DeFi
ICE Chief Sprecher Calls Hyperliquid 'Bigger Than Nasdaq' as HYPE Run Draws TradFi Notice
The founder of the company that owns the New York Stock Exchange praised the small decentralized exchange and its SpaceX pre-IPO market, even as ICE presses regulators over how to police perpetual futures.

Blockchains
Base Launches Azul Upgrade, Takes Step Toward Stage 2 Decentralization
The Coinbase-incubated layer-2 network activated multiproofs on mainnet, combining TEE and ZK proof systems to move closer to full decentralization while cutting empty blocks by 99%.

Blockchains
Tempo L1 Hits 3.9M Transactions in Two Months
The payments-focused blockchain Tempo has settled 3.9M transactions across 177K addresses since mainnet launch in March, with stablecoin supply exceeding $25M and full Dune Analytics integration live.

Markets
Crypto Liquidations Near $1 Billion in 24 Hours as Leverage Unwinds
Nearly $934 million in crypto positions liquidated across 167,400 trader accounts, with Bitcoin and Ethereum taking the heaviest losses amid market volatility.

People
Vitalik Buterin Endorses Interfold, Privacy Protocol for On-Chain Voting and Secret Auctions
Ethereum co-founder Vitalik Buterin highlighted Interfold, a privacy protocol combining zero-knowledge proofs, fully homomorphic encryption, and threshold encryption for secure on-chain voting and auctions.

TradFi & Fintech
Cash App Goes Live With Fee-Free USDC Transfers, Framing Stablecoins as a Path to Bitcoin
Block's payments app, home to 59 million monthly active users, now supports sending and receiving USDC across four blockchain networks with no wallet setup required, even as Jack Dorsey admits he doesn't like it.

Hacks
OpenZeppelin Pushes Back After Ex-CTO Declares All of DeFi Unsafe
The smart contract security firm distanced itself from Manuel Aráoz's warning that AI coding agents have made DeFi impossible to defend, calling the threat real but manageable.





