Bessent Urges Senate to Advance CLARITY Act on Crypto
US Treasury Secretary Scott Bessent has urged the Senate to move forward with the CLARITY Act. The crypto market structure bill passed the House in 2025 but remains stalled in the Senate.
Yuga Labs Settles Bored Ape NFT Lawsuit Without Trial
Yuga Labs has settled its lawsuit over the RR/BAYC NFT collection, ending a two year dispute. The agreement avoids a jury trial and bars use of its trademarks.
SOL Trades Near $82 as ETF Outflows and Bearish Data Weigh
Solana is trading around $82 after ETF outflows and a shift to negative derivatives data. Technical indicators point to $77.12 as key support.
Polygon Explores $100M Stablecoin Venture Amid Market Slowdown
Polygon Labs is reportedly in talks to raise up to $100 million for a stablecoin payments venture. The move follows recent acquisitions and comes as stablecoin volumes continue to grow.
Six Swiss Banks Launch CHF Stablecoin Sandbox for Institutional Testing
Six Swiss banks have launched a sandbox to test a Swiss franc-pegged stablecoin on Ethereum. The institutional initiative will run throughout 2026.
SunPump: New Memecoin Hit on Tron Surpasses $1M
In A Nutshell SunPump, a recent addition to the memecoin deployers on the Tron blockchain, has reported an impressive start with over $1 million in revenue within just 11 days following its launch on August 9. Backed by blockchain luminary Justin Sun, the platform has already seen the creation of over 18,000 tokens, marking a…
DeFi Bot Ramps Up Complex $17B Sandwich Attacks
In A Nutshell The infamous MEV bot known as “jaredfromsubway.eth” has made a comeback with enhanced capabilities for executing sophisticated “sandwich” attacks on Decentralized Finance (DeFi) protocols. According to recent reports by EigenPhi, this bot now employs new, multi-layered tactics to exploit vulnerabilities and manipulate transaction prices for profit. Initially gaining notoriety for securing millions…
Ethereum Surges 6.9%, Leading Potential Altcoin Season
In A Nutshell Ethereum [ETH] has recently outshined Bitcoin [BTC] in a 24-hour trading period, marking a significant 6.9% surge compared to Bitcoin’s modest 1% gain. This performance raises questions about the potential onset of an altcoin season, particularly with Ethereum leading the charge. This shift is underscored by a major transaction involving a whale…
Binance Moves $1.9M in SHIB Tokens, Market Stays Stable
In A Nutshell The cryptocurrency exchange Binance has recently made headlines with a substantial transfer of 137 billion Shiba Inu (SHIB) tokens. Despite the sizeable amount, which was valued at over $1.9 million, the SHIB market has shown resilience, with minimal impact observed on its price movements. The reasons behind the transfer remain speculative, as…
Bitcoin Mining Paradox: Record Hashrate, Falling Earnings
In A Nutshell The Bitcoin ecosystem is experiencing a paradoxical situation where the hashrate, or the computational power used to mine and process transactions, has hit an all-time high, while miners’ earnings have sharply declined. This scenario poses significant challenges for Bitcoin miners, especially in the wake of the recent halving event and a noticeable…