Massive adoption of decentralized derivatives exchange Hyperliquid led to a huge increase in Hyperliquid network revenue in July, largely at the expense of Solana, according to VanEck. In July, Hyperliquid earned 35% of all blockchain revenue, with growth coming specifically at the expense of Solana, as well as Ethereum and BNB Chain, VanEck researchers wrote in a monthly crypto…
The US Securities and Exchange Commission (SEC) has clarified that certain cryptocurrency liquid staking activities do not constitute securities offerings, a notable step in the agency’s ongoing effort to provide clearer guidance on digital asset regulation. “The statement clarifies the division’s view that, depending on the facts and circumstances, the liquid staking activities covered in…
Ethereum co-founder Vitalik Buterin and developer Anders Elowsson have introduced EIP-7999, a proposal to streamline Ethereum’s transaction fee structure. Released on Tuesday, the proposal seeks to establish a unified multidimensional fee market, allowing users to specify a single aggregate maximum fee for multiple resources. The proposal, if adopted, would eliminate the need to estimate and manage multiple…
Solana Mobile has started shipping the second generation of its mobile device on Monday, supplying users in over 50 countries. The Seeker phone, which has amassed over 150,000 pre-orders, will feature upgraded technology, a mobile-native crypto wallet and a decentralized application store that bypasses “cryptophobic censorship” seen in app stores today. Solana Mobile general manager…
Notcoin and DOGS memecoin are charting a shared course on TON, merging meme-driven philanthropy and gaming into a unified blueprint for sustainable, mainstream crypto adoption. A massive credibility gap continues to plague the crypto ecosystem, but key projects aim to change that. Countless tokens trade on animated logos, users evaporate once farm-and-dump yields dry up,…
Citigroup, JPMorgan Chase, Goldman Sachs and Japan’s SBI Group have emerged as the most active players in traditional finance backing blockchain startups, according to a new report by Ripple in partnership with CB Insights and the UK Centre for Blockchain Technologies. Between 2020 and 2024, global banks participated in 345 investments in blockchain companies, most…
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