Bitcoin and crypto appear to be on the verge of mainstream adoption, with US spot exchange-traded funds (ETFs) shattering influx information, Goldman Sachs holding extra crypto ETF shares issued by BlackRock than every other establishment, and company treasuries from Strategy to Bitmine embracing digital property. Nevertheless, a latest survey from Financial institution of America confirmed…
World Liberty Financial (WLFI), the crypto project affiliated with US President Donald Trump, has minted approximately 10% of its USD1 stablecoin supply, totaling $205 million, for its Treasury. In an April 20 statement on X, WLFI pointed out that the stablecoin is one of the fastest-growing in the market, noting that the asset is “backed…
Hyperliquid has achieved the highest revenue per employee globally, at $106 million, surpassing traditional technology giants and the previous record holder, Tether Limited. The revenue-per-employee metric places Hyperliquid significantly ahead of established technology companies. Data gathered by Hyperliquid France puts Tether in second with $93 million per employee, while OnlyFans ranks third at $37.6 million. …
Federal Reserve Governor Christopher Waller declared that “there is nothing scary” about DeFi simply because it operates outside traditional banking infrastructure. Speaking at Wyoming Blockchain Symposium 2025, Waller framed blockchain-based transactions as a natural technological evolution rather than disruptive threats. He compared DeFi operations to conventional purchases, noting that buying crypto with stablecoins through smart…
Pump.fun has regained its standing as the most important memecoin launchpad on Solana over the previous two weeks. The dominance is clear in each income technology and buying and selling quantity. Based on data from Blockworks, Pump.enjoyable dominated 62% of all income generated from Aug. 4 to Aug. 17, which quantities to just about $16.7…
Circle has launched a unified cross-chain infrastructure that permits companies to entry USDC balances throughout a number of blockchains. An Aug. 19 announcement labeled the brand new product as Gateway, a system that addresses liquidity fragmentation points that pressure firms to pre-position funds throughout chains and handle complicated rebalancing operations. Gateway combines good contract infrastructure…
Main DEX aggregator 1inch has launched a brand new DeFi characteristic: trustless cross-chain swaps between Solana and over 12 EVM networks, with out counting on bridges or third-party messaging protocols. Out there throughout the 1inch dApp, pockets, and Fusion+ API, customers can now transfer property straight between Solana and all main EVM networks in a…
Solana (SOL) trading activity contracted sharply in the second quarter while the network’s core infrastructure metrics strengthened across multiple dimensions. According to an Aug. 15 report by Messari, the total application revenue generated on the network fell 44.2% quarter-over-quarter to $576.4 million from $1.0 billion. Furthermore, average daily spot decentralized exchange (DEX) volume dropped 45.4%…
Aave reached multiple all-time highs this week, fueled by the heated crypto market. The money market protocol reached $3 trillion in cumulative deposits on Aug. 15, while surpassing $29 billion in active loans on August 13, according to Token Terminal data. Additionally, Aave’s total value locked (TVL) climbed to a record high above $40 billion on…
Solana (SOL) has reclaimed the $200 mark after falling to around $155 in late July, following the renewed interest in the market amid the ongoing altcoin season rally. According to CryptoSlate’s data, the digital asset rose by more than 14% in the last 24 hours from $175 to as high as $202 as of press…