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Robinhood Chain's DEX Volume Fell 72% While Transactions And Deposits Set Records
Blockchains

Robinhood Chain's DEX Volume Fell 72% While Transactions And Deposits Set Records

Daily volume dropped from $878 million on Jul. 11 to $241 million on Aug. 1 as transactions, deposits and stablecoin supply climbed to all-time highs. Volume per transaction fell 74%. More than 90% of the chain's incentive spending pays depositors.
Aave And ether.fi Founders Lead Opposition To Ethereum's Staking Yield Burn
Blockchains

Aave And ether.fi Founders Lead Opposition To Ethereum's Staking Yield Burn

Stani Kulechov and Mike Silagadze headline two days of opposition to the tapered issuance burn, now renumbered EIP-8363. Ethereum core devs decide Thursday whether to consider it for Hegotá.
Circle Names BlackRock, Visa, ICE and DTCC Among 11 Founding Arc Validators
Blockchains

Circle Names BlackRock, Visa, ICE and DTCC Among 11 Founding Arc Validators

Circle's own disclaimer says Arc will be "operated by a permissioned validator set" and has not been reviewed by the New York State Department of Financial Services or any other regulator.
New Ethereum Proposal Would Burn Validator Rewards to Kill the Incentive to Stake More
Blockchains

New Ethereum Proposal Would Burn Validator Rewards to Kill the Incentive to Stake More

EIP-8361 would deduct a rising share of every validator's rewards as the staking ratio climbs, cancelling consensus issuance outright at 50%. It landed two days before the deadline to propose EIPs for Hegotá, and the timing drew an objection within hours.
Robinhood Chain Tops Solana in Tokenized Stock Volume Via Memecoin Pairs
Blockchains

Robinhood Chain Tops Solana in Tokenized Stock Volume Via Memecoin Pairs

Tokenized stocks on Robinhood's three-week-old chain averaged $29.7 million in daily DEX volume over the past week, more than Solana's xStocks and Backpack venues combined, with memecoin pairs supplying the push.
Lido Unveils Curated Module v2 in Ethereum Staking Overhaul
Blockchains

Lido Unveils Curated Module v2 in Ethereum Staking Overhaul

The liquid staking protocol is migrating more than 8 million staked ETH onto a module that requires node operators to post bonds, a shift expected to cut Ethereum's validator count by about a third.
Stacks Bitcoin Staking Upgrade Vote Passes With 99%, Muneeb Says
Blockchains

Stacks Bitcoin Staking Upgrade Vote Passes With 99%, Muneeb Says

Most exchanges and partners have signaled readiness for the hard fork, though a few are still reviewing details and the upgrade has not yet activated.
Movement Labs Files for Chapter 11 Bankruptcy
Blockchains

Movement Labs Files for Chapter 11 Bankruptcy

The company behind the MOVE token filed a voluntary petition in Delaware listing up to $10 million in liabilities, capping a year of governance disputes, a market-making scandal and a failed strategic pivot.
Durov Says Telegram Will Ship Native Gram Wallet to a Billion Users
Blockchains

Durov Says Telegram Will Ship Native Gram Wallet to a Billion Users

The Telegram founder is putting private-key custody inside the core app this summer, a distribution reach no self-custody wallet has attempted.
Aztec Launches Alpha V5 on Mainnet With Faster Private Proving
Blockchains

Aztec Launches Alpha V5 on Mainnet With Faster Private Proving

The privacy Layer 2 says its latest release halves proving time and transaction costs versus V4, with the Nyx wallet as its first live app.