Every dollar Robinhood Chain earns, a tenth goes to a DAO treasury controlled by strangers. The arrangement has been covered a dozen times as good news for Arbitrum’s token. Summary Robinhood Chain runs on Arbitrum’s Orbit stack, and under the Arbitrum Expansion Program every Orbit chain settling outside Arbitrum One routes 10% of net protocol…
Myanmar’s combined Parliament approved the Anti-Online Scam Bill on July 28 after reconciling amendments adopted by its lower and upper chambers. Summary 10-year-to-life terms cover crypto scams and scam-centre operations under Myanmar’s published May draft legislation text. Parliament approved the bill July 28 after reconciling amendments previously adopted by both legislative chambers. Final text, presidential…
Morgan Stanley has launched Ethereum and Solana ETFs with a 0.14% fee, making them the cheapest ETH and SOL funds in the US. The investment banking giant has begun trading for the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) on NYSE Arca on July 28. Both funds are priced…
Trade.xyz said it will cover eligible liquidation losses tied to an SK Hynix price anomaly that struck at 23:01 UTC on July 27. Summary Trade.xyz will cover liquidation losses after SK Hynix’s mark price fell 18.7% at 23:01 UTC. One SK Hynix share traded 29.96% below its prior close in NXT’s thin pre-market session. Eligibility…
Anthropic says its AI concerns focus on misuse, including cyberattacks and biological threats, rather than banning open models. Crypto figures are warning that government control over what AI systems can know or discuss could create a dangerous precedent, after Erik Voorhees argued on X on July 28 that states should not decide what forms…
Regional mediators are reportedly close to a proposal that could restart the US-Iran memorandum of understanding, although Tehran continues to deny seeking renewed talks with Washington. Summary Pakistan, Egypt and Qatar are reportedly pushing a plan to revive the US-Iran MoU. Iran and Oman have reportedly accepted a proposal addressing disputes over the Strait of…
Florida Rep. Mike Haridopolos has renewed his push for the CLARITY Act as Senate delays narrow the bill’s path to passage before the August recess. Summary Haridopolos warned that continued delays could push US crypto businesses and investment overseas. Senate leaders prioritized 74 federal nominees and a Russia sanctions bill over the CLARITY Act. The…
Operators have to lock up their own ETH as collateral now. Liquid staking app Lido has started moving the bulk of its staked ETH onto Ethereum’s larger post-Pectra validators, and the operators running them are now putting up their own capital for the first time. The main idea is that Lido’s curated node operators…
Open interest in perpetual contracts tied to stocks, metals and oil has doubled since late May as major crypto exchanges expand beyond digital assets, CryptoQuant reported. Summary TradFi perpetual open interest has more than doubled to over $2 billion since late May. Binance, Bybit and Gate control about 70% of the emerging derivatives segment. Crypto…
Elon Musk has set an early August target for Grok 4.6 and disclosed plans for a larger Grok 4.7 model as SpaceXAI steps up its competition with OpenAI, Anthropic, and China’s Moonshot AI. Summary Grok 4.6 is scheduled for around Aug. 7, according to Musk. The upcoming model will have 1.5 trillion parameters and improved…
