In the latest Solana news, SOFIUSD, a dollar-pegged stablecoin launched by SoFi, a publicly traded, bank-chartered fintech with 15.4 million members, on both the Ethereum and Solana networks in early 2026. Every token is backed 1:1 by a reserve portfolio consisting of 85% short-term U.S. Treasury bills and 15% cash held at FDIC-insured institutions, with…
XRP ETF inflows paint a positive picture, but will it be enough to reverse course for its price? Ripple’s XRP has recovered by around 2% over the past 24 hours, climbing back toward $1.34. The move comes as institutional demand via spot XRP ETFs continues to stand in contrast to the broader market weakness….
CryptoQuant CEO Ki Young Ju warns the Bitcoin bear market could extend into early 2027, based on on-chain PnL data. Summary Ki Young Ju cited CryptoQuant’s PnL Index Signal, which shows investor profitability typically falls for 18 months after profit-taking cascades begin. The trend began in October 2025, placing a potential bear market bottom in…
A security analyst suggested that DxSale’s old locker contract may have contained an unverified backdoor vulnerability. More than 1,400 liquidity pools tied to old DxSale contracts on BNB Chain were drained in a $7.3 million exploit flagged by blockchain security firms on May 29. The attack adds to a growing list of DeFi breaches…
Brian Armstrong fired back at Jamie Dimon on Friday with a meme, after the JPMorgan CEO attacked him on live TV. Summary Jamie Dimon appeared on Fox Business on May 29, calling Armstrong “full of sh!t” and vowing that banks will fight the Clarity Act’s stablecoin provisions. Armstrong responded on X with a hockey-themed meme…
Coinkite launched the Coldcard MK5, its first hardware upgrade to the flagship Bitcoin wallet since 2022. Summary The Coldcard MK5 features a 1.54-inch Gorilla Glass display, redesigned tactile buttons, and improved NFC for smoother Bitcoin transactions. The wallet retains the MK4’s dual secure element architecture from two different chip vendors, keeping private keys fully air-gapped….
Senator Cynthia Lummis says the Clarity Act must pass this Congress or the next legislative window opens in 2030. Summary Lummis posted on X that the next viable window for crypto market structure legislation is likely 2030 if Congress fails to act now. The Senate Banking Committee passed the Clarity Act 15 to 9 on…
One strategy on Hyperliquid yield considerable gains during the past 30 days. Hyperliquid is best known for its on-chain perps exchange, but did you also know there are vaults where users can deposit funds and follow specific trading strategies? One of these vaults, currently enjoying a total value locked of more than $3 million,…
JPMorgan Chase CEO Jamie Dimon has said banks will oppose the Clarity Act unless lawmakers change provisions that he says give crypto firms bank-like powers without bank-level safeguards. Summary Jamie Dimon said banks will oppose the Clarity Act unless lawmakers add stronger safeguards for stablecoin rewards. Dimon argued that crypto firms should not offer bank-like…
Wintermute has entered prediction markets as a liquidity provider, bringing professional market-making capacity to a sector that has grown into a major venue for trading real-world event risk. Summary Wintermute will provide two-sided liquidity across prediction market platforms, helping improve execution depth and bid-ask spreads. Prediction markets surpassed $60 billion in trading volume in 2026,…
