Optimism-funded team's deciding vote shifts $49 million in OP tokens away from users
The approved plan reallocates 546.9 million OP from user airdrops to a Foundationcontrolled Strategic Ecosystem Fund. Source:CoinDesk
Bitcoin ETFs draw $517M in largest one-day inflow since early May
Investors have poured more than $1 billion into US spot Bitcoin ETFs this week as BTC neared $72,000 and Ether climbed 19% to about $2,286 on Thursday.…
Bitcoin rally sparks debate whether Clarity Act is already priced in
Erald Ghoos, OKX Europe CEO, says U.S. crypto rules could blow new life into the market amid a rotation of capital from AI back to bitcoin. Source:CoinDesk
GnosisDAO approves Gnosis Chain for Ethereum Economic Zone
Gnosis Chain was approved to transition to an EEZ rollup, enabling it to settle directly to Ethereum rather than continue with an independent validator set.…
Live updates: Bitcoin ETFs draw $517 million, ether pulls $189 million in biggest inflows in months
Spot bitcoin ETFs pulled in $517 million and ether funds $189 million on Aug. 19, the strongest daily hauls in months, as a broad rally torched $2.7 billion in…
Trader who made $49 million shorting crypto lost $24 million on ether in 12 seconds
The Hyperliquid wallet known as pensionusdt.eth was forced out of a 50,000 ETH short as ether surged, with five liquidation orders helping push the price…
Rushed CLARITY Act vote could set legislation back, Gallego warns
Gallego said the White House has not provided pointbypoint feedback on a bipartisan ethics proposal as a September vote approaches. Source:Cointelegraph
Ether jumps 18% to $2,250 as bitcoin tops $69,000 in broad crypto rally
Every major except tron posted doubledigit weekly gains, with nearly $1.4 billion of short positions wiped out after the Treasury doubled its bond buybacks.…
FalconX, Ethena bring USDe backing assets into $1B institutional credit facility
The $1 billion facility will deploy assets backing USDe into overcollateralized institutional loans, expanding Ethena’s sources of returns beyond crypto basis…
Bitcoin surges above $68,000, liquidating $1.4 billion shorts as Treasury buybacks boost risk appetite
BTC rose about 6% while ether, solana and crypto stocks climbed after the Treasury doubled the size of its bond buybacks. Source:CoinDesk
Standard Chartered analyst eyes $100K BTC as US Treasury doubles long-end buybacks
Bitcoin’s rebound toward $69,000 is gaining momentum as Geoff Kendrick points to improving liquidity conditions and a potential cycle bottom.…
Crypto Long & Short: Where DeFi yield really comes from (and why it broke this spring)
In this week's Crypto Long & Short, Solstice Finance's David Plisek argues that most of the money lost in DeFi this spring wasn't taken by hackers but by yield…