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DeFi Community On Alert Following Hypervault’s $3.6 Million Suspected Rug Pull

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Decentralized finance (DeFi) protocol HyperVault is suspected to have executed a “rug pull,” as on-chain analytics account PeckShield noted an abnormal outflow of funds from the protocol, worth close to $3.6 million.  DeFi Protocol HyperVault Pulls The Rug According to an X post by on-chain analytics account PeckShield, Hyperliquid-based DeFi protocol HyperVault appears to have […]
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Philippines Authorities Move To Put Key Public Records On Blockchain After Mass Protests

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Government agencies in the Philippines have begun recording certain public documents on a blockchain ledger, a step officials say is meant to make records harder to change and easier for citizens to check. Related Reading: WLFI Expands Into Payments: Debit Card + Apple Pay On The Way The move comes after mass demonstrations this month […]
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Grayscale Seeks Big Breakthrough: Amended S-1 Filed To Convert Dogecoin Trust Into GDOG ETF

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Grayscale Investments, one of the largest digital asset management firms in the world, has made another bold move in the crypto ETF space. The company recently submitted an amended S-1 registration statement to the US Securities and Exchange Commission (SEC), this time for its Dogecoin product.  The filing reveals Grayscale’s intention to convert its existing […]
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Fundstrat’s Tom Lee Reveals Why Investors Left Ethereum For Solana – Details

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Tom Lee, veteran trading analyst, Fundstrat co‑founder, and the strategist behind BitMine’s Ethereum treasury strategy, is once again championing Ethereum.  During an interview with Mario Nawfal on X, Lee acknowledged how the broader crypto community appeared to abandon Ethereum in favor of faster alternatives like Solana and Sui. However, institutional investors, particularly Wall Street players, […]
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115 DeFi, Crypto Companies Tell Senate: Protect Developers Or No Deal On Market Bill

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A broad coalition of crypto builders, investors and advocates has asked two Senate committees for clear federal rules to protect software creators and non-custodial service providers working on blockchain networks. Related Reading: Are Halvings Just Hype? Analyst Claims Bitcoin’s Market Timing Is Different According to the letter, 115 groups signed the appeal to the Senate […]
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Philippines Explores Blockchain-Based Budgeting System Amid Transparency Push

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Efforts to integrate blockchain technology into government operations may soon advance in the Philippines. Senator Bam Aquino announced plans to introduce a bill that would place the country’s national budget on a blockchain platform, aiming to enhance transparency and accountability in public spending. Speaking at the Manila Tech Summit on Wednesday, Aquino explained that the […]
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Crypto Giants Team Up: New Nonprofit Aims to Shape Washington’s View on Blockchain & AI

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A new nonprofit backed by some of the most prominent players in the crypto asset space has launched with the goal of improving how US lawmakers engage with emerging technologies. The American Innovation Project (AIP), supported by Coinbase, Uniswap Labs, Kraken, Paradigm, and the Digital Currency Group (DCG), officially began operations this week. The organization […]
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Circle Unveils Arc: A New Blockchain Built for Stablecoins and Powered by USDC

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Circle, the issuer of USD Coin (USDC), has announced plans to introduce its own Layer 1 blockchain, Arc, designed specifically for stablecoin-focused applications. The launch follows the company’s $1.2 billion initial public offering (IPO) in June and is scheduled to debut on a public testnet later this fall. According to Circle, Arc will be an […]