DeFi

DeFi

US Court vacates Tornado Cash sanctions ruling, orders Florida case dismissal

US Court vacates Tornado Cash sanctions ruling, orders Florida case dismissal

Leave a Comment / crypto, DeFi, Featured, Legal /

The Eleventh Circuit Court of Appeals on July 3 vacated the Northern District of Florida’s 2023 order upholding the Treasury’s sanctions against Tornado Cash and instructed the lower court to dismiss the case.  The one-page mandate ends the Coin Center v. Yellen appeal, the only remaining case over OFAC’s August 2022 designation of the Ethereum-based […]

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BONK Meme Coin Launchpad Flips Pump.fun for Solana Tokens Created

BONK Meme Coin Launchpad Flips Pump.fun for Solana Tokens Created

Leave a Comment / bonk, DeFi /

In brief LetsBonk launched 19,620 Solana tokens over the past 24 hours while Pump.fun created just 9,249. On Sunday, LetsBonk accounted for 58.5% of Solana launchpad market share, marking the first time Pump.fun wasn’t leading the sector. Useless Coin, which is currently at a $275.9 million market cap, is the largest LetsBonk token. Solana launchpad

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Vitalik Buterin proposes to cap gas usage per Ethereum transaction to boost zkVM compatibility, security

Vitalik Buterin proposes to cap gas usage per Ethereum transaction to boost zkVM compatibility, security

Leave a Comment / crypto, DeFi, People, Technology /

Ethereum co-founder Vitalik Buterin and Toni Wahrstätter, a researcher at the Ethereum Foundation, have put forth a proposal that will cap the maximum gas a single transaction can use. The proposal, EIP 7983, claims: “By implementing this limit, Ethereum can enhance its resilience against certain DoS [Denial of Service attack] vectors, improve network stability, and

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TON introduces UAE Golden Visa program through crypto staking, Toncoin soars 13%

TON introduces UAE Golden Visa program through crypto staking, Toncoin soars 13%

Leave a Comment / DeFi /

Key Takeaways The TON Foundation’s new program allows applicants to obtain UAE Golden Visas by staking $100,000 in TON tokens for three years. The crypto-based residency program offers lower capital requirements and faster processing compared to traditional visa paths. Share this article The Open Network (TON), the blockchain ecosystem originally incubated by Telegram, has launched

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DEX Trading Volumes Explode – Are CEXes Losing Their Grip on Crypto?

DEX Trading Volumes Explode – Are CEXes Losing Their Grip on Crypto?

Leave a Comment / AA News, Crypto News, Decentralized Exchange, DeFi, Hyperliquid (HYPE), Solana /

In June, total crypto market capitalization posted a modest 2.62% gain, even as volatility stayed elevated due to increased geopolitical tensions in the Middle East. Investor anxiety over potential energy supply disruptions and growing regional instability led to persistent pressure on asset prices. Despite this, the DEX to CEX spot trade volume reached a historic

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DeFi Is outpacing Bitcoin’s maximalist mindset

DeFi Is outpacing Bitcoin’s maximalist mindset

Leave a Comment / crypto, DeFi, Guest Post, Opinion /

The following is a guest post and opinion of Jeff Garzik, Co-founder of Hemi Labs. Ever since Bitcoin stopped being the one and only crypto, a group of its stalwart devotees emerged called “Bitcoin maximalists,” arguing that BTC is the only “true” digital asset. As the crypto industry moves toward all-pervading decentralized finance (DeFi) interoperability,

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DeFi TVL breaks above 6B as lending roars back

DeFi TVL breaks above $116B as lending roars back

Leave a Comment / Alpha, DeFi, DeFi TVL, Research /

The DeFi market has rebounded at the beginning of July, with total value locked (TVL) rising to $116.416 billion, a level last seen in April. The 24-hour increase of 4.95% reflects rising crypto asset prices and renewed deposit flows into lending protocols, restaking services, and yield-bearing primitives. As Ethereum and Solana continue to absorb most

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Post-maintenance mishap on Solana’s Backpack triggers incorrect futures orders, balance reports

Post-maintenance mishap on Solana’s Backpack triggers incorrect futures orders, balance reports

Leave a Comment / crypto, DeFi, DEX, Featured, Technology, Trading /

Backpack halted trading for scheduled maintenance at 10 a.m. UTC on July 3 and reopened two hours later, but the restart triggered account errors that forced CEO Armani Ferrante to promise reviews and compensation. Backpack had warned users on X that the platform would go offline at 10 a.m., enter post-only mode at noon, and

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First Solana ETF Goes Live, Hinting At A Potential Boom For Altcoin Funds

First Solana ETF Goes Live, Hinting At A Potential Boom For Altcoin Funds

Leave a Comment / crypto, Crypto News, crypto regulation, DeFi, digital currency, Sol, SOL price, Solana, Solana ETF, Solana ETF news, Solana ETFs, Solana news, SOLUSDT, Spot Solana ETF /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The altcoin market is making significant inroads into traditional finance, with the recent launch of the first Solana ETF on the Cboe BZX stock exchange in Chicago.  Named the REX-Osprey SOL and Staking ETF, this fund is designed for investors looking to

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Solana dominates real value rankings, DEX volume during H1

Solana dominates real value rankings, DEX volume during H1

Leave a Comment / Analysis, crypto, DeFi, DEX, Featured /

Solana dominated major cryptocurrencies in real economic value (REV) and DEX volumes during the first half of 2025, according to Helius’ “Solana Ecosystem Report H1 2025.” The report highlighted that Solana has led all blockchains in REV since October 2024 and reached $551 million in January 2025.  REV is a metric that measures the monetary

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