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Ethereum Still Accounts for 90% of Fees as Layer 2s Struggle to Deliver Revenue
DeFi

Ethereum Still Accounts for 90% of Fees as Layer 2s Struggle to Deliver Revenue

Ethereum-based DeFi protocols might want to think twice before rolling out on every Layer 2, as data shows most fees still accrue on the mainnet.
Strategy’s Saylor Sidesteps On-Chain Proof of Bitcoin Reserves, Says Audits Are Enough
TradFi & Fintech

Strategy’s Saylor Sidesteps On-Chain Proof of Bitcoin Reserves, Says Audits Are Enough

Strategy’s Michael Saylor pushed back against calls from analysts to reveal wallet addresses, warning that publicizing Bitcoin moves could roil the market.
Ethena’s USDe Stablecoin Surges to All-Time High Market Capitalization of $9.3 Billion
DeFi

Ethena’s USDe Stablecoin Surges to All-Time High Market Capitalization of $9.3 Billion

The synthetic dollar’s supply is up 75% over the past month, driven by increased demand for yield and overall excitement surrounding Ethena.
Tornado Cash Trial Now in Jury’s Hands as Legal Battle Over Crypto Privacy Tool Nears End
Regulation & Politics

Tornado Cash Trial Now in Jury’s Hands as Legal Battle Over Crypto Privacy Tool Nears End

After two weeks of heated testimony and debate, the case against Roman Storm now rests with a jury.
Crypto Markets Pull Back amid Macro Worries
Markets

Crypto Markets Pull Back amid Macro Worries

Large-cap crypto assets struggled to hold gains after a strong July, weighed down by weak U.S. jobs data and tariff uncertainties.
Pixel Vault CEO ousted cover image
NFTs & Web3

Pixel Vault's GFunk No Longer CEO Amid Backlash Over PUNKS Vault Auction

The NFT project's former CEO has gone silent after facing community accusations over the sale of the project's fractionalized CryptoPunks vault.
From Meme to Movement: Dogecoin's Next Chapter with Jordan Jefferson
Podcast

From Meme to Movement: Dogecoin's Next Chapter with Jordan Jefferson

Dogecoin started as a joke, but could it become the foundation of a thriving app ecosystem? In this episode of The Defiant Podcast, we sit down with Jordan Jefferson, CEO of MyDoge and DogeOS, to explore why building infrastructure on Dogecoin is an exciting opportunity. We discuss the unique culture of the Doge community, the challenges of building on a meme coin, and how DogeOS is positioning itself as the app layer for the people's currency. Whether you're a DeFi enthusiast, a crypto trader, or just Doge-curious, this conversation is packed with insights, laughs, and a vision for the future of Dogecoin. Welcome to the moon.
Over 40% of Jupiter’s Trading Volume Now Flows Through Private AMMs
DeFi

Over 40% of Jupiter’s Trading Volume Now Flows Through Private AMMs

Almost half of Jupiter’s trading volume is routed through proprietary AMMs, highlighting growing centralization on Solana’s top DEX aggregator.
Visa Adds Support for PYUSD and USDG, Expands Settlement to Stellar and Avalanche
TradFi & Fintech

Visa Adds Support for PYUSD and USDG, Expands Settlement to Stellar and Avalanche

Visa is expanding its settlement network to cover more stablecoins and networks, though usage by merchants still appears to be limited.
Court Overturns Fraud Conviction of OpenSea’s Nate Chastain
NFTs & Web3

Court Overturns Fraud Conviction of OpenSea’s Nate Chastain

Chastain’s conviction for the “first-ever digital asset insider trading scheme” has been overturned, with the legacy NFT marketplace’s former Head of Product walking free.