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Education
What Is Cryptocurrency? | Crypto 101
Welcome back to Crypto 101, your comprehensive guide to learning everything about crypto from start to finish! Cryptocurrency is a term that exploded into the mainstream in recent years, sure, but there still seems to be some confusion around the term. So what exactly is cryptocurrency? How does it work, is it just digital money, and why is it so revolutionary?

TradFi & Fintech
Bitcoin Rewards Company Fold to Go Public on Nasdaq Via SPAC Merger
The deal marks the company's valuation at $365 million.

TradFi & Fintech
Colombia’s Largest Bank Taps Chainlink Proof of Reserves For COPW Stablecoin
Bancolombia Group entered the web3 sector in May after 10 years of research.

Blockchains
Bitcoin Layer 2 Yona Network Wants to Bring Ethereum and Solana dApps to Bitcoin
Yona Network integrated the Neon Stack to add Ethereum Virtual Machine (EVM)-compatibility. It already runs a Solana Virtual Machine (SVM).

DeFi
Clearpool Launches Institutional Credit Marketplace on Arbitrum
The DeFi credit protocol has received an ARB token grant from the Arbitrum Foundation to support its growth.

Regulation & Politics
Senator Lummis Reportedly Wants U.S. Federal Reserve To Hold Bitcoin
Lummis is reportedly drafting a bill instructing The Fed to hold BTC as a reserve asset alongside gold and foreign currency.

Markets
Bitcoin and Ether Plunge Amid Mt. Gox Distributions
In the past 24 hours, $290 million of leveraged crypto positions have been liquidated.

DeFi
Proton Announces its Self-Custodial Bitcoin Wallet
Early access is now open for Proton Wallet, marking the launch of the privacy company's first crypto product.

DeFi
Solana’s Solend Rebrands to Save and Announces Plans to Launch Stablecoin
Solend, now Save, said it wants to launch a native stablecoin, a liquid staking token, and a protocol for shorting memecoins.

Markets
ETH is Flat After Strong ETF Debut
Ethereum’s ETH is flat in the past 24 hours even after ETFs drew in more than $100 million of inflows.





