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Bitcoin's recent price rebound above $57k was supported by record-high inflows into U.S. spot BTC ETFs of around $300M on July 8th, the highest since early June. Institutional investors seem to be using the price dip as a buying opportunity.
PYUSD, which expanded to the Solana network in May, has surpassed $500M in market cap. The stablecoin's expansion to a mix of centralized and DeFi platforms has helped increase its supply from $270M to over $530M in 1 month.
dDocs, created by Fileverse, is a decentralized word processor that aims to be a better, more private version of Google Docs. It is end-to-end encrypted, has real-time collaboration, and stores data in decentralized storage solutions like IPFS. The app also has account abstraction, allowing users to log in with email while retaining the benefits of onchain security and composability.
Story allows creators to monetize their Intellectual Property (IP) in the age of artificial intelligence. It aims to transform the internet into an IP Legoland. The EVM-equivalent L1 hosts a Proof of Creativity Protocol that allows anyone to onramp their IP and set the conditions for using and monetizing it. Tokenized IPs can be offramped into a contract if disputed and brought into the real-world legal system. Use cases include creator-owned AIs that fans can access and monetize, IPs as collateral for other assets, and seamless introduction of IP into new applications.
Point systems have become increasingly important in the evolving Web3 landscape for incentivizing user engagement and loyalty, forming a crucial part of digital ecosystems through strategic reward mechanics. This guide talks through the structure and benefits of "pointenomics," deep diving into the practical applications, challenges, and future potential of point programs to improve user activation, retention, and overall project success.
This research explores 31 days' worth of Ethereum validator votes to help better understand how to penalize missed attestations dynamically and improve network health. It found that performance varies significantly between validators and that attestation inclusion delay is a critical factor. Timing games caused by MEV adversely impact attestation performance, and big blocks have fewer attestations due to the increased data transfer time.
The recent distribution $BLAST has lowered the "financial stakes" compared to earlier phases. BLAST has a fully diluted valuation (FDV) of $1.5B down from previous expectations over $8B. This means there will be more gold supply and less BLAST, effectively decreasing individual reward value unless BLAST appreciates significantly.
Polychain Capital has accused former general partner Niraj Pant of violating fund policies by secretly accepting "adviser" tokens valued at $13.3 million from portfolio company Eclipse Labs. Pant, who directed Polychain's investment in Eclipse, allegedly did not disclose this deal, which Polychain only discovered after his departure. This incident highlights the often opaque and contentious nature of token-based compensation in the crypto industry.
HappyChain is an OP Stack L2 with zero-friction onboarding and free-to-play games.
This marks the first transaction in the company's 1.1K MW development pipeline of exclusive energy capacity and furthers its strategy to increase capacity to about 1.3 GW for high-density computing like Bitcoin and AI.
Farcaster is like a massive playground where everyone can use their toys (data) in different games (social apps) with no rule-maker deciding what people do or how they play.