Robinhood Chain’s memecoin boom is already imploding
Two weeks after Robinhood Chain pitched its layer 2 as RWA infrastructure, it’s overrun with dying memecoins. The post Robinhood…
Cryptocurrency
Bitcoin, Ethereum, DeFi, blockchain, and crypto markets
South Korea’s stock market is officially more volatile than BTC
South Korea’s stock market index, KOSPI, now swings harder on an average day than BTC, with higher annualized realized volatility….
Ethereum Institutional Launches as Independent Nonprofit to Court Banks and Asset Managers
A new nonprofit backed by BitMine, SharpLink and Joseph Lubin spins the Ethereum Foundation’s institutional outreach work into an independent…
Circle CEO Rebuts OUSD Pitch, Defends USDC’s Network Effects After Stock Slide
Jeremy Allaire argued that stablecoin networks are winner-take-most businesses built over years, two days after the launch of the 140-plus-firm…
Drift Protocol Rebrands to Velocity DEX Ahead of Relaunch
Solana perpetuals exchange Drift Protocol has rebranded to Velocity DEX, with a private beta planned in the coming days as…
Binance and Anchorage Digital Launch Off-Exchange Settlement for Institutional Traders
Binance and Anchorage Digital launched an off-exchange settlement integration on Tuesday, letting institutional traders access Binance’s liquidity while keeping assets…
Chinese Exile Miles Guo Sentenced to 30 Years for $1B Crypto Fraud Scheme
A federal judge ordered Guo to forfeit $889 million after a jury convicted him of running a scheme that raised…
World Launches Onchain Prediction Market on Solana Through Phantom
The platform, unmasked in late June after two-plus years as an anonymous “Trade Everything” teaser account, opens trading in Phantom’s…
SEC Opens 60-Day Comment Period on ‘Novel’ ETF Rules as Prediction Market Funds Pile Up
The SEC published a formal request for comment on ‘Novel ETFs’ covering crypto-asset and prediction-market funds, following Chair Paul Atkins’…
Robinhood Launches Robinhood Chain Mainnet, Adds Stock Tokens, Onchain Lending, and Agentic Crypto Trading
At a London keynote, the trading platform opened its Arbitrum-based Layer 2 to the public, rolled out new stock tokens…