Latest

Blockchains
Rising Dominance Of Arbitrum and Base Defies Liquidity Fragmentation Narrative
Base and Arbitrum account for half of the TVL, active addresses, DEX volume, and transactions on Layer 2s, while roughly 10 networks account for more than 90%.

Markets
New Kamala Harris Memecoin KAMA Soars on U.S. Presidential Race Speculation
KAMA is up 125% today while the sector is down 15%.

Markets
Argentine Peso Crypto Trading Volume Grows by 400% This Year
Argentina's local currency is the fast-growing crypto trading pair in Latin America.

Blockchains
Blast Token Tumbles as Layer 2 Unveils Season 2
The Ethereum Layer 2 network revealed information about its Season 2 rewards structure and the future vision for the chain.

CeFi
Centralized Exchange Losses to Hacks are Up 1,000% This Year: ImmuneFi
Hackers stole $572 million in Q2, up from $345 million in the previous quarter.

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.



