Bitcoin price fell below $63,000 on Friday as a short-lived rebound in Asian semiconductor stocks faded, adding pressure as the cryptocurrency entered its historically weak August trading period. Summary Bitcoin price dropped 3% in 24 hours, extending its weekly loss to about 2%. Samsung and SK Hynix surrendered momentum after surging roughly 25% on Thursday.
As the CLARITY Act moves closer to a full Senate vote, one of its most important contributions may ultimately be a mechanism for separating a token’s secondary-market status from the transaction through which it was originally sold — a distinction that courts and regulators have failed to settle for over a decade. The Digital Asset
Few would argue against the fact that Ethereum has been gifted with one of the most diverse and thoughtful communities ever gathered around any open source project. Fueled by what can only be described as impassioned determination, developers from all walks of life have risked their time and credibility to pioneer in this radical and
Tether generated approximately $1.5 billion in net operating profit during the second quarter of 2026 as returns from US Treasury holdings and repo operations supported its earnings. Summary Tether recorded about $1.5 billion in quarterly operating profit, according to its BDO attestation. USDT supply reached approximately $184.6 billion, representing over 60% of the stablecoin market.
Stiftung Ethereum, the Zug, Switzerland-based Ethereum Foundation —ethereum.org, is seeking to immediately fill the Executive Director position within the Foundation. The role involves defining and discharging the day-to-day business of the Foundation and leading the organization at the executive level. The successful candidate will have significant experience in corporate finance activities and/or operations. A technical
The FTX Recovery Trust will distribute approximately $900M to creditors on July 31, 2026, its fifth payout round, pushing total recoveries to nearly $10Bn since the exchange’s November 2022 collapse. For creditors who have not yet completed verification, a hard six-month countdown to claim eligibility begins on the same date, according to the FTX Recovery
The largest tokenized securities platform cleared its SEC probe, secured FINRA authorization, and put BlackRock’s IVV onchain. Now it is shopping for a target worth up to half a billion dollars while the market it helped build outgrows it. Summary Ondo Finance is exploring an acquisition valued between $250 million and $500 million to expand
With Ethereum getting close to its first official launch with Frontier, we have spent the last week of February at our holon in Switzerland discussing what the future of the Ethereum Foundation is going to look like. Since the start of the project, one of our primary dreams has been to not just deliver a
Since then, average daily liquidations have remained well below this year’s typical $400 million-$500 million range, suggesting there has been little forced selling despite the macro shock, according to Bitfinex. “Crypto fell less than levered equity themes because the forced-selling fuel was already spent,” the analysts wrote. Security concerns linger Separately, the market is also
Pump.fun reportedly dismissed employees shortly before their PUMP token grants were scheduled to vest, leaving at least one former worker without an allocation now valued at seven figures. Summary Employees were reportedly dismissed weeks before 25% of their PUMP grants vested. One former employee allegedly lost a token allocation now worth seven figures. Separate claims
