Ethereum activity doubles with influx of new users: Glassnode
Ethereum saw activity retention nearly double to 8 million addresses in a month while daily transactions hit an all-time high of 2.8 million amid soaring stablecoin use.
Crypto sentiment drops amid unease over US market structure bill
The Crypto Fear & Greed Index slipped by 12 points to “neutral” on Friday amid heightened anxiety over the future of a long-awaited crypto bill in the US.
DeadLock ransomware hides using exploited Polygon smart contracts
Group-IB found a ransomware dubbed DeadLock that is exploiting Polygon smart contracts to rotate proxy addresses to evade takedowns.
Iran’s crypto ecosystem spikes to $7.8B amid mass protests: Chainalysis
Bitcoin has become an “element of resistance” in Iran, providing liquidity in an increasingly restricted economic environment, says Chainalysis.
Nexo to pay $500K fine to California regulator over ‘risky loans’
California’s finance watchdog claims Nexo made nearly 5,500 loans to Californians without a valid license and did not properly assess their ability to repay.
Uniswap lands on OKX’s X Layer as exchange deepens DeFi strategy
The integration marks a key step in the crypto exchange’s second-phase rollout, bringing Uniswap’s markets directly to its layer-2 network.
Kaito winds down crypto-backed ‘Yaps’ as X bans payments for ‘AI slop’
The Kaito.ai and Cookie DAO tokens fell over 15% after X’s ban, a move X’s head of product Nikita Bier said should improve user experience on the social media platform.
Bitcoin rally collapses at $97K as funding rate stalls, retail traders sit out
Bitcoin failed to hold $97,000 as its funding rate stalled and retail traders watched from the sidelines. Will TradFi reignite the rally to $100,000?
Coinbase CEO expects market structure bill markup ‘in a few weeks‘
Brian Armstrong posted to social media late on a Wednesday saying Coinbase couldn’t “support the bill as written,“ potentially leading to a postponement in consideration.
Bank of America CEO warns interest-bearing stablecoins could pull $6T from US banks
In an earnings call transcript shared on X, BofA CEO Brian Moynihan pointed to studies suggesting yield-bearing stablecoins could draw trillions from the banking system.