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DeFi

Memecoin Infrastructure is Taking Over DeFi

Pump.Fun and Telegram bots accounted for nearly $50 million of revenue in June.
Bitcoin symbol with downward-trending arrows in neon colors
Markets

Bitcoin Drops Below $60,000 as Mt.Gox Fears Resurface

Analysts believe that sell-off concerns relating to Mt. Gox Bitcoin repayments will be short-term.
Bitcoin Miner Genesis Digital Reportedly Eyes U.S. IPO 
TradFi & Fintech

Bitcoin Miner Genesis Digital Reportedly Eyes U.S. IPO 

Alameda Research, the sister trading firm of the failed FTX exchange, invested $1.15 billion in Genesis Digital.
Introducing $RAYS: How to Optimize Your DeFi Rewards with Summer.fi's New Points System
DeFi

Introducing $RAYS: How to Optimize Your DeFi Rewards with Summer.fi's New Points System

Chris Bradbury is the CEO of Summer.fi (previously oasis.app) which is a prominent DeFi protocol that enables users to borrow, lend, and multiply assets across multiple DeFi protocols. Summer.fi's $RAYS is a new points system designed to reward users for engaging with DeFi protocols, offering incentives based on activity and long term participation.
eth logo with a crown
DeFi

Data Contradicts Narrative: Ethereum Continues to Dominate Layer 1 Sector

Ethereum leads in terms of smart contracts, Layer 1 revenue and DeFi TVL.
Polkadot Community Unhappy With Heavy Treasury Spend
NFTs & Web3

Polkadot Community Unhappy With Heavy Treasury Spend

Critics argue that Polkadot’s marketing spend is exerting significant selling pressure on the DOT markets.
Chainlink Powers NAV Data For Sygnum's On-Chain Fidelity Fund
TradFi & Fintech

Chainlink Powers NAV Data For Sygnum's On-Chain Fidelity Fund

Chainlink is now providing NAV data for Sygnum’s on-chain representation of Fidelity’s Institutional Liquidity Fund.
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Markets

Ethereum ETF Approval Delayed Until July 8

Until last week, analysts expected Ethereum spot ETFs to be approved by July 2.
symbols of various cryptocurrencies with downward-trending arrows
Markets

Crypto Markets Drop as Powell Holds Firm on Interest Rates

Bitcoin dropped 2%, and Ethereum fell 1.5%, while Solana and Polkadot eked out minor gains.
Aave Launches GHO Stablecoin On Arbitrum
DeFi

Aave Launches GHO Stablecoin On Arbitrum

The move marks the first deployment of GHO's cross-chain expansion.