DeFi Development Corp. (Nasdaq: DFDV) has expanded its Solana holdings in a major new purchase, adding 110,000 SOL at an average price of $201.68, worth about $22 million. The acquisition lifts the company’s total balance to 1,420,173 SOL and SOL equivalents, valued at approximately $273 million. The move has pushed the company’s key performance metric,…
Hyperliquid (HYPE) has stood firm against the market bloodbath triggered by August 14’s massive liquidation event, posting a strong $29 billion in 24-hour trading volume alongside $7.7 million in generated fees. This volume explosion coincides with increases across key metrics, indicating heightened network engagement and growing investor appetite, with numerous analysts now eyeing a potential…
Czech authorities have arrested convicted drug trafficker Tomas Jirikovsky in a deepening probe into a $45 million Bitcoin donation to the Ministry of Justice that ignited a political firestorm earlier this year. Key Takeaways: Czech police arrested convicted drug trafficker Tomas Jirikovsky over a $45M Bitcoin donation. The donation, accepted without verification by former Justice…
A coalition of crypto and fintech leaders is pressing U.S. President Donald Trump to prevent banks from imposing new charges on customer data access, warning such fees could undermine innovation and consumer choice. Key Takeaways: Crypto and fintech leaders urged President Trump to block bank fees for customer data access. The dispute centers on Biden’s…
The US regulator has extended its review period for two Solana exchange-traded funds (ETFs) filings to October 16, 2025. The SEC said that the extension allows “sufficient time to consider” Solana ETF proposals from Bitwise and 21Shares, which were originally due on August 17. “The Commission finds that it is appropriate to designate a longer…
The Chainlink Reserve has received a substantial boost this month, with a fresh inflow of 44,109.76 LINK on August 14, 2025. At current market prices, this addition is valued at approximately $1.03 million, marking a large single-day increase to the reserve in recent months. RESERVE UPDATE Today, the Chainlink Reserve has accumulated 44,109.76 LINK. As…
A well-funded crypto super PAC is gearing up for another fight with former Senate Banking Committee chair Sherrod Brown, raising the stakes for Ohio’s 2026 Senate race. Key Takeaways: Fairshake spent over $40M in 2024 to unseat Sherrod Brown and has now raised $140M for 2026. Brown’s past opposition to pro-crypto legislation makes him a…
Decentralized perpetuals exchange GMX said Wednesday that users hit by last month’s security breach can now claim compensation through its dApp. Key Takeaways: GMX is distributing $44M to fully compensate Arbitrum GLP holders impacted by last month’s $42M exploit. The breach stemmed from a reentrancy vulnerability in GMX V1’s contract structure. Compensation will be in…
Monero, the $6 billion privacy coin long touted as one of crypto’s most censorship-resistant networks, has suffered a major setback. Key Takeaways: Qubic claims it gained 51% control of Monero’s hashrate after a month-long campaign. The takeover coincided with a six-block chain reorganization that replaced 60 blocks. Monero developers dispute that a full 51% attack…
Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit, has unveiled a new custody service aimed at corporate and institutional clients, as regulatory green lights for virtual asset investments spark growing demand for secure storage solutions. Key Takeaways: Upbit’s new custody service stores 100% of client assets in offline cold wallets. Institutional clients can…