Why XRP’s $783M perp selling raises questions despite strong spot demand
Ripple’s XRP has an interesting disparity between its spot and futures markets. On one side, spot demand appears to be improving, while futures traders remain doubtful…
USDT Leads Payments, USDC Dominates DeFi
The world’s biggest stablecoins are increasingly becoming chain-specific financial products, with Tether’s USDt (USDT) and Circle’s USDC (USDC) serving distinct roles across the crypto ecosystem rather than competing head-on.Dune’s Digital…
Strike Launches Volatility-Proof Bitcoin-Backed Loans
Bitcoin financial services platform Strike has launched a “volatility-proof” Bitcoin-backed loan that eliminates margin calls and forced liquidations amid the depths of a bear market, but only for those who can pay on time and handle a 14%…
US Firms Shift to Chinese AI After Trump Administration Curbs on Anthropic Models
Key TakeawaysOn June 12, the U.S. Commerce Department imposed abrupt export controls on Anthropic’s Claude AI models.The regulatory directive forced global firms to adopt Chinese open source AI models to maintain operations.Anthropic will…
Trader Loses $2 Million From Malicious DEX incident
A trader who swapped $2.01 million worth of Ether on a decentralized exchange has been left with just $14,500 worth of tokens after a router directed the order through a low-liquidity pool, allowing an Ethereum block builder to profit…
Can Ethereum’s $150B stablecoin liquidity help ETH bulls reclaim control?
According to a recent update, Ethereum has already taken the lead in the financial infrastructure for digital dollars and tokenized assets, and this is not just hype.
Artemis reported that Ethereum has more than $150 billion in on-chain…
Trump’s Bitcoin Reserve Stalled By Interagency Clash: Report
The Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the reserve should be structured and which agency should have primary…
Summer Finance Hit by Sophisticated Flash Loan Liquidity Manipulation
Summer Finance lost around $6 million in a flash loan exploit.
Summer Finance has become the latest decentralized finance protocol to suffer a major security incident.…
Injective CEO on Layer-1 Centralization Risk
Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen.This pressure will come from the need to satisfy users’…
Ethlabs Launches with Former Ethereum Foundation Researchers and Institutional Backing
TLDR:
Ethlabs was founded by five former Ethereum Foundation researchers focused on core protocol work.
The nonprofit will research scalability, settlement efficiency, interoperability, and economics.
Backers include Bitmine,…