Aave, the largest decentralized lending protocol by total value locked, has notched two significant milestones within the same week. The protocol’s V4 deployment on Ethereum surpassed $250 million in deposits, while its newly launched lending market on the Monad blockchain crossed $100 million in deposits just 48 hours after going live on July 2. The…
For millennials, a trip to Claire’s was practically a rite of passage. It was where ears were pierced, friendship necklaces were split in half, and every trip to the mall somehow ended with an armful of glittery accessories you probably didn’t need but absolutely had to have. Long before “girlhood” became an internet buzzword, Claire’s…
Key Takeaways Strategy sold 3,588 bitcoins for $216 million between June 29 and July 5 to fund preferred stock dividends. The sale sparked a brief Monday dip to $61,246, liquidating $214 million in short bets across the crypto economy. Bulls eye a credit rating upgrade and S&P 500 inclusion as Strategy builds a $2.5 billion…
Robinhood shares have climbed more than 2% after the Trump administration officially launched the Trump Accounts savings program, even as the broader crypto market turned lower. Summary Robinhood gained over 2% as the Trump Accounts program officially launched. Wall Street firms kept Buy ratings and lifted Robinhood price targets. Trump hinted Bitcoin could join the…
Ethereum co-founder Vitalik Buterin has outlined an updated long-term roadmap for the network, describing the multi-year “Lean Ethereum” initiative as the protocol’s biggest overhaul since the 2022 Merge. The update follows a gathering of Ethereum researchers in Berlin in late June and comes alongside a revised draft roadmap, known internally as the “strawmap,” published at…
During this year’s World Cup, one scene repeats itself game after game: Several players take the field with holes in the calves of their socks. Social media is rife with theories about the supposed competitive advantage this might give them. But the practice isn’t new. It has been seen at the European Championships, the Olympic…
Cardano (ADA) added 14,783 new non-empty ADA wallets in the days following its June 23 price bottom, according to on-chain data firm Santiment. ADA has since gained +24% in seven days, touching $0.199 on July 5 before settling near $0.181, the first time the token has traded at these levels since 2020. The wallet growth…
Microsoft cut around 4,800 roles, or 2.1% of its global workforce, on Monday — the latest in a series of layoffs that’s stoking fears that AI will replace people at companies. The layoffs will hit Xbox and commercial sales the hardest, with Xbox losing 1,600 staffers today, according to memos shared with Microsoft’s staff. Here’s…
Key Takeaways Elon Musk said space is the only way to scale AI as SpaceX targets 1 GW of orbital compute by 2027. SpaceX’s AI1 satellite spans 70 meters and carries up to 150 kW of interchangeable compute capacity. SpaceX, which holds 18,712 BTC, hit a $2.1T valuation on its June 12 Nasdaq debut. “Space…
Will history repeat for bitcoin with another major leg down? The world’s largest corporate holder of bitcoin made the headlines earlier today by making its second BTC sale in just a few months. Aside from the immediate effect on the asset’s price, it also coincided with a popular technical tool turning bearish and suggesting…
