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DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week

Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.

Trump-Biden Tussle Sees PoliFi Sector Lose Lustre as BODEN Drops 95% From Peak

TRUMP, the largest Trump PoliFi token, is down 10% on-day and 34% in the last week. TREMP, the counterpart to Boden, is also down double digits: nearly 10% in...

Kamala Harris’ Odds of Winning Democratic Nomination Surge on Polymarket

Supporters are calling on the vice president to step us following boss Biden's doddering debate debacle.

DCG, Top Executives Renew Push to Get New York AG’s Civil Fraud Suit Dropped

The late-night messages NYAG alleged were evidence of a fraudulent conspiracy were, according to DCG’s lawyers, “lawful, good-faith efforts by DCG to support a subsidiary.”

Crypto Exchange Kraken is Considering Going Nuclear

Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview...

Crypto Custody Firm Anchorage Offers Investment Returns Through Deal With Cumberland-Backed Hashnote

Hashnote Harbor will enable clients to earn yields on digital commodities without the assets ever leaving the custody of Anchorage Digital.

Abra Launches Treasury Service for Corporates That Want to Hold Crypto

The service will provide corporates, family offices and non-profits with a range of digital asset treasury management solutions.

U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians

The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000...

Ripple’s Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation

In a near-vacuum of yasal and regulatory clarity for crypto, district judges’ opinions on whether a given token is a security or not – which determines the level of...

Bitcoin and Crypto Closing Out Lame Quarter and One Analyst Believes More Pain Could Be in Store

The price of bitcoin has dipped nearly 15% during the second quarter and altcoins fared even worse.