You’ve heard of DeFi summer. You’ve survived crypto winter. And you’ve just lived through stablecoin spring. Well, brace yourself because there’s a fresh onchain season about to start: Privacy Summer. We’re entering fertile times for privacy protocols that are now springing up everywhere. Favorable tailwinds are making onchain privacy not just acceptable at last but…
Chainlink has introduced a new product called Data Streams, which delivers live pricing data for major US equities and exchange-traded funds (ETFs) directly onto blockchain networks. According to an Aug. 4 statement, Data Streams is designed to offer live, low-latency data on major US stocks and ETFs, including popular assets like SPY, QQQ, NVDA, AAPL,…
Aave DAO has repurchased 70,000 AAVE tokens, or 0.5% of its total supply, in less than six months of its token buyback initiative. In an Aug. 4 post on X, DeFi analysis platform Token Logic stated that the platform acquired these tokens for $15.7 million at an average purchase price of $223.33 per token. The…
Ethena (ENA) prices are presently in the red zone during a broader crypto market correction. According to data from CoinMarketCap, the DeFi token recorded a significant 2.00% loss in the past day, with prices presently set hovering around $0.55. Amidst this price decline, top market analyst Ali Martinez has identified the major support regions that…
Blockstream launched Simplicity on the Liquid Network, enabling smart contract programability on Bitcoin’s infrastructure. According to a July 31 announcement, the idea was first proposed in 2017 by researcher Russell O’Connor. Simplicity was designed as a clean-slate smart contract language that is more expressive than Bitcoin Script yet tighter and safer than general-purpose platforms. With…
Ethereum researcher Justin Drake unveiled the “Lean Ethereum” proposal on July 31 that reframes the base layer around the imperatives of survivability against nation-state and quantum threats and orders-of-magnitude performance gains without sacrificing decentralization. The new guidelines were dubbed “fort mode” and “beast mode,” respectively. Published on the Ethereum Foundation blog, the vision argued that…
Ethena ($ENA) shot up by 18.0% in the past 24 hours, trading at $0.6864, as whales piled in. But with $4 million in longs gone, can the bulls survive a sell-wall showdown? This price jump comes after fresh capital and deals brought life back into Ethena, but charts now flash warning signs as the recovery…
Solana’s DEX ecosystem has had a very active month, fueled by a spike in new token listings, surging volume, and PumpSwap’s growing grip over trading flows. While SOL retreated to just below $180 after peaking above $205, the spike in activity across DEXs suggests that the retail-driven memecoin wave primarily powered the turnover. However, the…
Dragonfly managing partner Haseeb Qureshi revealed that the U.S. Department of Justice (DOJ) will not bring criminal charges against the crypto venture firm, as Tornado Cash co‑founder Roman Storm’s federal trial in Manhattan neared its conclusion. Qureshi, whose investment firm backed several blockchain startups, wrote on social media that federal prosecutor Nathan Rehn told the…
Major oracle network RedStone, has launched its Atom oracle, which allows real-time liquidations and automated native MEV (Miner Extractable Value) capture for DeFi lending protocols. According to the press release shared with Cryptonews, RedStone Atom is “the first oracle with native liquidation intelligence.” LENDING SUPERCHARGED. RedStone Atom is live. The first oracle with liquidation intelligence,…