Eigen Labs Cuts Workforce and Bets Everything on EigenCloud Development
TL;DR Eigen Labs laid off 25% of its workforce to focus resources on EigenCloud, its new verifiable Web3 services platform. The cuts came shortly after
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Hackers Target $8.7B Mt. Gox Bitcoin in Sophisticated Phishing Attack
TL;DR Hackers exploited Bitcoin’s OP_RETURN feature to send an on-chain phishing message to the Mt. Gox wallet holding 79,956 BTC, baiting owners to a fake
Vertex Bids Farewell to Arbitrum and Migrates to Ink in Search of Better Conditions
TL;DR Vertex will shut down its DEX on Arbitrum and migrate its infrastructure to Ink, a Layer 2 network backed by Kraken, eliminating its VRTX
US Government Tests Ethereum Waters: Coinbase Prime Move Sparks Selloff Speculation
TL;DR A $10 “test deposit” from a wallet tagged “US Government: FBI” to Coinbase Prime set off selloff alarms, hinting at larger ETH transfers ahead.
Bitcoin Enters a Summer Calm Phase with Low Volumes and Strong Institutional Demand
TL;DR Bitcoin hovers around $110,000 as spot and futures volumes fall to one-year lows, signaling a possible seasonal pause. BTC options implied volatility drops to
Metaplanet Bolsters Bitcoin Treasury with $238.7M Purchase, Holdings Hit 15,555 BTC
TL;DR Metaplanet snapped up 2,205 BTC for $238.7 M on July 7, boosting its treasury to 15,555 BTC ($1.68B). The purchase is backed by new
DappRadar: NFT Prices Fall but Sales Rise
TL;DR DappRadar reported a 45% drop in NFT trading volume in the second quarter, while sales rose 78%. OpenSea led activity with a 156% increase
Aptos Surpasses $30 Billion in USDT and Eyes a Recovery with Its Africa Partnership
TL;DR Aptos surpassed $30 billion in native USDT transactions and now records 1.1 million monthly active addresses on its network. The partnership with Yellow Card
SIFMA Presses SEC to Forge Clear, Progressive Crypto Rules
TL;DR SIFMA urged the SEC’s Crypto Task Force to replace patchy no-action letters with a unified digital-asset rulebook covering tokenized securities, commodities, and on-chain services.
Chainlink’s Whales Tighten Grip as Top 10 Wallets Control 32% of Supply
TL;DR Top 10 Chainlink wallets now hold 32% of LINK’s circulating supply, more concentrated than USDC but far below meme-coin extremes, raising questions about market