DeFi
DeFi

Centralized Elements 'Frequently Persist' in DeFi and Should Be Regulated: FATF

Nearly every country has yet to apply the rules, the watchdog said, warning of outright bans for platforms that don’t comply. Read Full Story at…
DeFi

BitMine gets 98% of revenue from staking as a decade-long contract complicates an early exit

Ethereum Tower can keep its 2% interest and may elect continuing fees or a formula-based payment after a covered termination. The post BitMine gets 98%…
DeFi

Movement Labs files for Chapter 11 bankruptcy months after token scandal

The filing comes after months of upheaval that included a controversial market-making agreement, an internal investigation into its MOVE token launch and a Binance ban…
DeFi

Bitcoin breaks $66k as US debt hits $39.5 trillion creating Bitcoin’s next liquidity test for August 3

US gross federal debt reached $39.489 trillion on July 15, leaving roughly $511 billion before the $40 trillion threshold, and this debt total strengthens Bitcoin’s…
DeFi

Exodus Cuts 25% of Its Global Workforce to Fund a Full-Stack Payments Pivot

The self-custody wallet maker is cutting its headcount as it trades crypto swap fees for stablecoin cards and settlement. The post Exodus Cuts 25% of…
DeFi

Grayscale is setting up a quarterly cash showdown between Ethereum and Solana staking

Proposed trust changes would require no-less-than-quarterly cash distributions, creating a common cadence without fixing payout amounts or yield. The post Grayscale is setting up a…
DeFi

Here is why a massive $1.6 billion in crypto liquidity is sitting idle and wasting away

About $542 million weekly sat outside active trading ranges, meaning this capital earned zero fees and provided no market depth. Read Full Story at Coindesk.com…
DeFi

Bitcoin treasury company offers 10% income and still can’t sell nearly half its shares

BTC PREF is expected to begin trading July 20, with any discount to SEK 120 lifting the indicated cash yield above 10%. The post Bitcoin…
DeFi

Bitcoin Mining Giant Foundry Asks Miners To Vote on BIP-110 Soft Fork

Bitcoin Magazine Bitcoin Mining Giant Foundry Asks Miners To Vote on BIP-110 Soft Fork Foundry Digital said it will allow clients who use its Bitcoin…
DeFi

Citadel Securities Invests $400 Million in Crypto.com at a $20 Billion Valuation

The market maker’s investment marks Crypto.com’s first institutional funding round in a decade. The post Citadel Securities Invests $400 Million in Crypto.com at a $20…