Latest

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.

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.

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.

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.

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.

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.
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.

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.

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.

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.





