Finance

Trove Markets, which is building a decentralized perpetual exchange for collectibles, is under fire for pivoting to Solana after raising over $11.5 million tied to a token sale for an integration on Hyperliquid, prompting some backers to seek refunds. Trove first announced the surprise move to Solana in a post to X on Friday, with … Read more

The bitcoin price plunged nearly $4,000 in a sharp evening sell-off after President Donald Trump announced plans to impose sweeping new tariffs on Europe on Saturday. Around 6 p.m. EST, massive amounts of selling hit the crypto market triggering a wave of forced liquidations across the bitcoin price and altcoins. The world’s largest cryptocurrency fell … Read more

The expanded prohibition on stablecoin yield in the CLARITY Act makes the US dollar less competitive than the Digital Yuan, Scaramucci said. The prohibition on yield-bearing stablecoins in the CLARITY Act puts the US dollar at a competitive disadvantage to China’s Digital Yuan, a yield-bearing central bank digital currency, according to Anthony Scaramucci, founder of … Read more

Overregulation of the crypto industry would negatively impact markets and gut decentralized finance (DeFi), according to Michaël van de Poppe. The failure of the CLARITY crypto market structure bill to advance in the United States Congress is positive for crypto markets and the industry, according to market analyst Michaël van de Poppe.  Van De Poppe … Read more

Ethereum co-founder Vitalik Buterin is urging developers to confront the protocol bloat driven by an endless push to add new features while rarely removing old ones. In a Sunday post on X, Buterin argued that true trustlessness and self-sovereignty depend less on raw decentralization metrics and more on simplicity. “Even if a protocol is super … Read more

Moving value across blockchains is now largely mediated by a small group of centralized intermediaries despite crypto’s long-standing claims of decentralization. Michael Steuer, president and chief technology officer of Casper Network, framed this dynamic as a structural outcome of the industry’s approach to interoperability and user experience. With a background spanning mobile gaming, enterprise software … Read more

Nearly four out of five crypto projects that suffer a major hack never fully regain their footing, according to Mitchell Amador, CEO of Web3 security platform Immunefi. Amador told Cointelegraph that most protocols enter a state of paralysis the moment an exploit is discovered. “Most protocols are fundamentally unaware of the extent to which they … Read more

China-led cross-border digital currency platform mBridge has processed more than $55 billion in transactions as efforts to build payment rails that operate outside traditional dollar-based systems find momentum. Project mBridge, a multi-central bank digital currency (CBDC) platform, has now settled over 4,000 cross-border transactions with a cumulative value of roughly $55.5 billion, according to data … Read more

The massive staking inflows are strengthening ETH’s supply-demand dynamic, potentially setting the stage for upward price momentum this year. The Ethereum staking validator exit queue has dropped to zero — signaling a dramatic fall in selling pressure and strengthening confidence in Ether (ETH) as a yield-bearing asset. Data from Ethereum Validator Queue shows the exit … Read more