Latest

DeFi
Memecoin Infrastructure is Taking Over DeFi
Pump.Fun and Telegram bots accounted for nearly $50 million of revenue in June.

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.

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.

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.

DeFi
Data Contradicts Narrative: Ethereum Continues to Dominate Layer 1 Sector
Ethereum leads in terms of smart contracts, Layer 1 revenue and DeFi TVL.

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.

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.

Markets
Ethereum ETF Approval Delayed Until July 8
Until last week, analysts expected Ethereum spot ETFs to be approved by July 2.

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.

DeFi
Aave Launches GHO Stablecoin On Arbitrum
The move marks the first deployment of GHO's cross-chain expansion.




