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Coinbase says the banks lining up behind CLARITY include its loudest critic
Coinbase policy chief Faryar Shirzad says the CLARITY Act is close to passing, calling it the biggest financial regulatory bill since Dodd-Frank, and argues that major banks including JPMorgan want to enter crypto despite public opposition from CEO Jamie Dimon.
Radiant Capital is winding down, 18 months after $50M hack
Radiant Capital ($RDNT) is sunsetting operations after failing to recover from a $50 million North Korea-linked hack in October 2024 that wiped out most of its TVL. The DAO says there is no viable path forward.
XRP lands in Bitwise's first tokenized fund as the handoff completes
Bitwise has officially taken over the Superstate Crypto Carry Fund, now renamed the Bitwise Crypto Carry Fund (USCC), marking the firm's first tokenized fund. The vehicle holds Bitcoin, Ethereum, Solana, and XRP and runs a market-neutral basis trade targeting a 4% annual yield.
TON heats up again on the GRAM rebrand plan
Toncoin spiked roughly 18% on the day after Pavel Durov confirmed the token will rebrand to Gram, the fourth step of his seven-part MTONGA roadmap. The name change carries no token swap and has no effect on balances, staking, or DeFi.
Vitalik floats building DEFI on options instead of debt
Ethereum co-founder Vitalik Buterin has proposed rebuilding DeFi's base layer on options contracts rather than collateralized debt, aiming to eliminate liquidations and reduce oracle risk.
Bitcoin ETFs just set their longest outflow streak since launch
US spot Bitcoin ETFs bled for ten straight trading days through May 29, the longest losing streak since launch in January 2024, with more than $1.3 billion leaving in a single week and Ethereum funds posting an even longer outflow run.
Schwartz says a state can disrupt XRPL but cannot mute it
XRP Ledger architect David Schwartz explains why a hostile state actor could temporarily disrupt the XRPL validator network but cannot achieve lasting control, and outlines a two-layer emergency consensus plan as a last line of defense.
Schiff calls Strategy a Ponzi again, and this time Saylor sold
Peter Schiff has renewed his Ponzi claims against Strategy's STRC preferred stock just as the company disclosed its first Bitcoin sale in four years, offloading 32 BTC to help fund dividend payments.
Saturn puts a solvency check on its Bitcoin-backed credit token
Saturn Foundation has launched a Chainlink NAV oracle for its sUSDat vault, providing independent third-party solvency verification for its STRC-backed token and giving non-US investors transparent access to Strategy's Bitcoin-linked yield.
TON Coin is Rebranding to GRAM
Telegram CEO Pavel Durov has announced that Toncoin ($TON) will rebrand to GRAM, restoring the currency's original name from the 2018 whitepaper. The transition is part of the MTONGA roadmap and will take up to three weeks.
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