The Uniswap utility token (UNI) jumped over 23% in 24 hours to pass $3.60, pushing its seven-day gains to nearly 50% and its market cap to $2.2 billion. UNI Rallies past $3.60 as Weekly Gains Surge The utility token of the decentralized exchange ( DEX) Uniswap breached the $3.60 threshold Wednesday, a more than 23% […]
Binance’s CZ praised rival Hyperliquid as “actually awesome” even as he said he would never run it the same way, while Uniswap creator Hayden Adams argued U.S. securities law ensures “only people who are already millionaires can invest in startups.” CZ: ‘A Niche Binance Cannot Compete In’ In his appearance on the Galaxy Brains podcast, […]
Ethereum developers have moved the Glamsterdam upgrade into its final development phase, running multi-client test networks loaded with every change slated for what could become the network’s biggest overhaul since 2022. Final Stretch Before Mainnet Core developers have begun full-scale testing of a fork that bundles each Ethereum Improvement Proposal (EIP) earmarked for Glamsterdam. The […]
On Tuesday, the digital asset HYPE jumped over 11% to hit a new all-time high of $76.90, bouncing back from a recent June 11 low of $53. Supply Dynamics and Upcoming Token Unlocks On June 16, HYPE continued its uptrend, jumping by more than 11% to breach the $76 mark. The digital asset’s latest surge […]
Spot HYPE exchange-traded funds (ETFs) have pulled in roughly $153 million in net inflows and nearly $900 million in cumulative trading volume in their first month, with the figures spanning three competing U.S. products launched within weeks of one another. A Strong Debut for a New Asset Class Three spot HYPE ETFs have attracted about […]
Coinbase CEO Brian Armstrong called for an overhaul of U.S. accredited investor laws, arguing the rules lock ordinary Americans out of the market’s biggest gains. He said companies now stay private far longer, leaving retail investors to buy in only after the upside is gone. Armstrong Targets the ‘Accredited Investor’ Gate In a post on […]
A wave of April exploits drove roughly $13 billion out of decentralized finance, sharply compressing total value locked and pushing onchain leverage back to 2021 levels. A $13 Billion Wipeout in Days Binance Research reported that April’s decentralized finance ( DeFi) exploits triggered around $13 billion in outflows, draining total value locked (TVL) across lending […]