Roman Storm is calling on the public to contribute to his legal defense fund as he awaits his fate during the final days of his landmark trial in Manhattan federal court, a new X post from the Tornado Cash developer shows. Storm Pleads for Help as Trial Nears End “We’re running out of time —…
Cathie Wood’s ARK Invest has named SOL Strategies as its new Solana staking provider, marking a deeper move into crypto-native yield strategies. The decision will see ARK transition the ARK Digital Asset Revolutions Fund’s Solana validator operations to the infrastructure operated by SOL Strategies, a publicly traded Canadian company, and the institutional custodian BitGo. ARK…
Key Takeaways: MARA’s $950M notes offering shows a growing reliance on convertible debt among crypto infrastructure firms. Access to capital markets is becoming a competitive advantage for miners seeking to expand their hashrate and accumulate Bitcoin. Institutional Bitcoin demand, amplified by ETF inflows, is influencing how miners allocate proceeds from large-scale fundraising. MARA Holdings has…
A coalition of high-ranking Senate Democrats is pushing back against Federal Housing Finance Agency (FHFA) Director William Pulte’s recent order that would allow mortgage lenders to utilize unconverted crypto in the underwriting process, according to a new letter sent to the investment firm founder. Senators Raise Red Flags Over Crypto Mortgage Lending According to the…
Global payments giant PayPal has launched a payment method that allows U.S. merchants to transact in more than 100 cryptocurrencies through some of the largest crypto wallets, with fees reduced by up to 90%, PayPal claims. According to the press release, Pay with Crypto will become available to U.S. merchants “in the coming weeks.” The…
Binance Coin (BNB) has surpassed athletic giant Nike’s market capitalization after reaching a new all-time high of $861.2 per token. Based on Companies Market Cap data, Nike maintains a $112 billion valuation, while BNB has achieved a valuation of $119 billion in the early morning hours of July 28. BREAKING : BNB overtakes Nike in…
Consensys, the Ethereum-focused software firm, has partnered with Aave to integrate a new feature into MetaMask wallets, allowing users to earn yield on stablecoins like USDC, USDT, and DAI. In a press release shared with CryptoNews, the firm said the new feature called “Stablecoin Earn” will be powered by Aave’s lending protocol and will give…
The NFT marketplace SuperRare’s RareStakingV1 contract was exploited, allowing attackers to drain 11.9M RARE tokens. Importantly, the vulnerability did not compromise the underlying $RARE token contract or its core functionalities. SuperRare’s exploited RareStakingV1 contract was part of the platform’s staking and curation initiative launched in August 2023. The Rare Protocol was introduced as a solution…
TRON has taken the lead as the dominant network for USDT, overtaking Ethereum in both stablecoin liquidity and user transactions, according to a new report from CryptoQuant. Ethereum lost the stablecoin crown. TRON now leads in USDT supply, fees and daily transfers. Join our Space with @trondao on July 30, 10 AM PT to unpack…
The crypto market is up today, with most of the top 100 coins per market turning green. The cryptocurrency market capitalization has dropped by 2.7% over the past 24 hours, but it still holds above $4 trillion, now standing at $4.03 trillion. At the same time, the total crypto trading volume is at $148 billion,…